Narrow search
Showing 1 - 3 of 3
Cover Image
Price vs. quantity competition in a vertically related market
Alipranti, Maria; Milliou, Chrysovalantou; Petrakēs, … - 2014
This paper demonstrates that the standard conclusions regarding the comparison of Cournot and Bertrand competition are … Cournot competition yields higher output, lower wholesale prices, lower final prices, higher consumers' surplus, and higher … total welfare than Bertrand competition. …
Persistent link: https://www.econbiz.de/10010351502
Cover Image
Simple Models to Understand and Teach Business Cycle Macroeconomics for Emerging Market and Developing Economies
Duncan, Roberto - 2017
The canonical neoclassical model is insufficient to understand business cycle fluctuations in emerging market and developing economies (EMDEs). I reformulate the models proposed by Aguiar and Gopinath (2007) and Neumeyer and Perri (2005) in simple settings that can be used to do...
Persistent link: https://www.econbiz.de/10012970226
Cover Image
Output commitment through product bundling : experimental evidence
Hinloopen, Jeroen; Müller, Wieland; Normann, Hans-Theo - 2013
competes with another firm à la Cournot in a second market. We compare treatments where the multi-product firm (i) always …
Persistent link: https://www.econbiz.de/10010204789