Showing 1 - 10 of 36
This paper analyzes a class of two-stage Cournot games where firms are collusive in the first stage, and shows that … social welfare, by setting parameters in stage one, subject to the constraint that in stage two, firms are Cournot …
Persistent link: https://www.econbiz.de/10005669433
manipulation. Oligopolistic firms (which differ from each other in production costs) compete a la Cournot in the second stage …
Persistent link: https://www.econbiz.de/10005669469
The paper examines some issues linked to the integration of market power in general equilibrium. The first part reviews the different existing approaches: subjective and objective, in terms of quantities and in terms of prices. The second part presents a semi-competitive model, based on a sector...
Persistent link: https://www.econbiz.de/10005779667
I apply three noncooperative models of coalition formation to a Cournot olygopoly. In each model, each firm has to …
Persistent link: https://www.econbiz.de/10005779610
This paper considers a model of oligopolistic competition and locational choice that incorporates the notion of regional industrial systems. Firms play a non cooperative game where the strategy set of firms is given by a set of existing industrial districts. Each firm is distinguished by its...
Persistent link: https://www.econbiz.de/10005669463
On presente dans cet article un cadre general -celui de la "concurrence monopolistique cournotienne" - permettant de mettre en valeur la maniere dont la concurrence sur le marche des biens peut, en presence de rendements croissants et d'une variabilite des facteurs de marge, etre a l'origine de...
Persistent link: https://www.econbiz.de/10005479020
This paper shows that if domestic firms do not have identical unit costs, then the interplay between the Herfindahl index of concentration and the elasticity of the slope of the demand curve is of major importance in the determination of optimal trade policies. When the demand curve is concave,...
Persistent link: https://www.econbiz.de/10005479087
In this paper we show that a strict liability fine, established on the marginal damages caused by production act as a mean to discriminate between firms. More precisely, facing a potential risk, understood as a random negative externality, "ex ante" identical rival firms playing on a competitive...
Persistent link: https://www.econbiz.de/10005669429
contestability, either under Cournot competition or under product differentiation. Examples are given for both cases. Appropriate …
Persistent link: https://www.econbiz.de/10005779607
consumers and firms. Firms strategically decide on investment in the first period of their life, and compete a la Cournot in the …
Persistent link: https://www.econbiz.de/10005779616