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We analyse the dynamics of a Cournot duopoly game with heterogeneous players to investigate the effects of micro … firms, is that a fiercer (weaker) competition tends to stabilise (destabilise) the unique positive Cournot-Nash equilibrium …
Persistent link: https://www.econbiz.de/10009294922
We analyse the stability issue in a Cournot duopoly with heterogeneous players. We show that labour market institutions … matter for the stability of the unique interior Cournot-Nash equilibrium. Interestingly, the role played by the existence of …
Persistent link: https://www.econbiz.de/10009323469
The present study analyses the dynamics of a Cournot duopoly with managerial sales delegation and bounded rational … players. We find that when firms’ owners hire a manager and delegate the output decisions to him, the unique Cournot …
Persistent link: https://www.econbiz.de/10009323940
We study the stability issue in a Cournot duopoly with codetermined firms. We show that when both firms codetermine …
Persistent link: https://www.econbiz.de/10009325620
The present study considers a unionised duopoly with the two most popular labour market institutions, i.e. efficient bargaining (EB) and right to manage (RTM) unions and analyses product market stability under quantity competition. By focusing on the role played by labour market institutions on...
Persistent link: https://www.econbiz.de/10009360279
This paper analyses the dynamics of a Cournot duopoly under cross-ownership participation when players have … percentage of firm , the parametric stability region of the unique Cournot-Nash equilibrium is larger than when every firm is …
Persistent link: https://www.econbiz.de/10009367980
The present study analyses the dynamics of a nonlinear Cournot duopoly with managerial delegation and bounded rational …
Persistent link: https://www.econbiz.de/10011108258