structures: duopoly competition, perfect competition, a public welfare-maximizing monopoly, and a private profit … competition and cooperation between multiple car brands, which may offer both autonomous and normal cars. In particular, we … organizational perspectives, the implications of their cooperation incentives and pricing competition. We compare four market …

We consider a duopoly in a homogenous goods market where part of the consumers are ex ante uninformed about prices …. Information can come through two different channels: advertising and sequential consumer search. We arrive at the following … results. First, there is no monotone relationship between prices and the degree of advertising. Second, advertising and search …

We consider the efficiency of Cournot and Bertrand equilibria in a duopoly with substitutable goods where firms invest … in process R&D. Under Cournot competition firms always invest more in R&D than under Bertrand competition. More … importantly, Cournot competition yields lower prices than Bertrand competition when the R&D production process is efficient, when …

in separate stages, as then firms want to limit the toll competition by setting lower capacities; or when firms set … higher capacities. In our Stackelberg competition, the firms that act last have few if any capacity decisions to influence …. Hence, they are more concerned with the toll-competition substage, and set a higher volume/capacity ratio than sociall y …