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Price competition between an expert and a non-expert

Degryse, Hans; Bouckaert, J.M.C. - Tilburg University, Center for Economic Research - 1998

Persistent link: https://www.econbiz.de/10011090950

Entry and Competition in Differentiated Products Markets

Schaumans, C.B.C.; Verboven, F.L. - Tilburg University, Center for Economic Research - 2011

We propose a methodology for estimating the competition effects from entry when firms sell differentiated products. We … first derive precise conditions under which Bres- nahan and Reiss'entry threshold ratios (ETRs) can be used to test for the … presence and to measure the magnitude of competition effects. We then show how to augment the traditional entry model with a …

Persistent link: https://www.econbiz.de/10011092904

Evolutionary Selection of Behavioral Rules in a Cournot Model : A Local Bifurcation Analysis

Droste, E.J.R.; Tuinstra, J. - Tilburg University, Center for Economic Research - 1998

Persistent link: https://www.econbiz.de/10011090553

Measuring Competition using the Profit Elasticity : American Sugar Industry, 1890-1914

boone, jan; van Leuvensteijn, M. - Tilburg University, Center for Economic Research - 2010

Persistent link: https://www.econbiz.de/10011090987

How (Not) to Measure Competition

boone, jan; van Ours, Jan; van der Wiel, H.P. - Tilburg University, Center for Economic Research - 2007

We introduce a new measure of competition: the elasticity of a firm’s profits with respect to its cost level. A higher value of this profit elasticity (PE) signals more intense competi- tion. Using firm-level data we compare PE with the most popular competition measures such as the price cost...

Persistent link: https://www.econbiz.de/10011091045

Price Recall, Bertrand Paradox and Price Dispersion With Elastic Demand

Carvalho, M. - Tilburg University, Center for Economic Research - 2009

This paper studies the consequence of an imprecise recall of the price by the consumers in the Bertrand price competition model for a homogeneous good. It is shown that firms can exploit this weakness and charge prices above the competitive price. This markup increases for rougher recall of the...

Persistent link: https://www.econbiz.de/10011091443

Cournot Versus Supply Functions : What does the Data Tell us?

Willems, Bert; Rumiantseva, I.; Weigt, H. - Tilburg University, Center for Economic Research - 2007

The liberalization of the electricity sector increases the need for realistic and robust models of the oligopolistic interaction of electricity firms. This paper compares the two most popular models: Cournot and the Supply Function Equilibrium (SFE), and tests which model describes the observed...

Persistent link: https://www.econbiz.de/10011091512