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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

The power of woke and other forms of disproportionate punishment

Gårn Hansen, Lars - 2023

I suggest that simple enforcement and lobbying models may explain how a small minority of dedicated believers (religious fundamentalists, animal rights activists, woke activists, etc.) are able to impose changes in behavior on the majority in a society who do not believe. With this, a society...

Persistent link: https://www.econbiz.de/10013549074

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