profitable for owners to hire biased managers. Our work shows that a universal policy that effectively eliminates such biases …

This paper examines the behaviour of two firms competing in a duopoly, where firms can influence demand through use of …. The results show that there exist threshold levels of advertising effectiveness at which duopoly behaviour bifurcates …

applying social equilibrium. In an example of a duopoly water market, we argue that the lack of backward induction logic … social equilibrium in duopoly water markets with an upstream-downstream river structure and derive it in the example of a … duopoly market. …

A dynamic Bertrand-duopoly model where price leadership emerges in equilibrium is developed. In the price leadership …

This paper extends the Cournot duopoly model by allowing the government to impose firm-dependent specific taxes or …

This paper examines a homogeneous-good Bertrand-Edgeworth oligopoly model to explore the role of firm size and number … oligopoly prices. …

A numerical procedure capable of obtaining the equilibrium states of oligopoly markets under several assumptions is … and any location of the firms. Four scenarios of oligopoly markets were developed by combining both strategies from one …

agreements - lead to higher prices in a Bertrand oligopoly could be because of a selection effect: decision-makers who are …

competition known as the Cournot oligopoly model. Firms and their production are differentiated, which brings the theoretical … model closer to real market conditions. The main objective was to expand the Cournot duopoly and add another firm, resulting … operators in Slovakia was selected as a real market case with accessible data on an oligopoly with three companies and partial …