Showing 1 - 10 of 92
We analyze duopoly Bertrand competition under network effects. We consider both incompatible and compatible products … compatibility. Finally, we show the robustness of our results when products are horizontally differentiated. -- Bertrand duopoly …
Persistent link: https://www.econbiz.de/10003726108
competition between the ferry and a planned tunnel, the Fehmarn Belt Fixed Link. The model is an asymmetric duopoly and addresses …
Persistent link: https://www.econbiz.de/10011411687
With its resource availability and the prospect of climate friendly technology, coal continues to play an important role in the global energy sector. We develop a complementarity model of the international market for steam coal. We want to analyze the level of competition in this market which is...
Persistent link: https://www.econbiz.de/10003779155
market structure from monopoly to duopoly under the assumption that software producers compete in technology rather than …, i.e. innovation. It is found that: (i) moving from monopoly to duopoly does increase the technology level set by firms … in the software industry; (ii) a duopoly adjusts more readily to global technological progress than a monopolist …
Persistent link: https://www.econbiz.de/10011438863
Shipbuilding has changed from a "heavy industry" to become a capital- and technologyintensive activity over the last decades. While Japanese, South Korean and Western European yards dominate the merchant shipbuilding market so far, Eastern European yards are increasingly active, in particular in...
Persistent link: https://www.econbiz.de/10009667610
Innovation is increasingly seen as a collective action which involves many different actors operating in a cluster context. These clusters are usually conceived as local agglomerations. In this paper it will be argued that they are an important tool to study innovation, but the globalisation of...
Persistent link: https://www.econbiz.de/10011438826
This study evaluates the impact of fuel prices on new car purchases, using exhaustive individual-level data of monthly registration of new private cars in France from 2003 to 2007. Detailed information on the car holder enables us to account for heterogeneous preferences across purchasers. We...
Persistent link: https://www.econbiz.de/10010438022
We analyze market dynamics under Bertrand duopoly competition in industries with network effects and consumer switching …
Persistent link: https://www.econbiz.de/10003726117
This article proposes a two-stage oligopoly model for the crude oil market. In a game of several Stackelberg leaders, market power increases endogenously as the spare capacity of the competitive fringe goes down. This effect is due to the specific cost function characteristics of extractive...
Persistent link: https://www.econbiz.de/10009771871
In a framework with an upstream monopoly and a downstream duopoly, we analyze the impact of convex costs on the …
Persistent link: https://www.econbiz.de/10011435014