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We analyse a stylized model of the world grain market characterized by a small oligopoly of traders with market power …In diesem Paper analysieren wir ein stilisiertes Modell des weltweiten Getreidemarktes, auf dem ein Oligopol von …
Persistent link: https://www.econbiz.de/10010230311
This paper studies the effect of forward contracts on the stability of collusion among firms, competing in supply functions on the spot market. A forward market can increase the range of discount factors which allow to sustain collusion. On the contrary, collusion is destabilised when a...
Persistent link: https://www.econbiz.de/10011968922
We conduct a series of Cournot duopoly market experiments with a high number of repetitions and fixed matching. Our … information, our data confirm the well-known result that duopoly players achieve, on average, partial collusion. However, as soon …
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superior to a constellation with different strategies. -- strategic outsourcing ; oligopoly ; welfare effects …
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This paper develops a three stage oligopoly game for R&D cooperation, R&D expenditure and product market competition …
Persistent link: https://www.econbiz.de/10001604531
This paper provides a novel rationale for the regulation of market size when heterogeneous firms compete. A regulator seeks to maximize total welfare by choosing the number of firms allowed to enter the market, e.g. by issuing a certain number of licenses. Opening up the market for more firms...
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