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Information and Learning in Oligopoly : An Experiment

Bigoni, Maria - 2013

choices with data on the information acquisition process they follow. Subjects play a repeated Cournot oligopoly, with limited … a priori information. The econometrics hinges on a model built upon Experience Weighted Attraction learning, and the … simultaneous analysis of data on the information gathered and on actions taken by the subjects. Results suggest that learning is a …

Persistent link: https://www.econbiz.de/10013088340

Cross-Border Mergers and National Champions in an Integrating Economy

Suedekum, Jens - 2006

We introduce a simple oligopolistic trade model with international transportation costs, and analyze the profitability and the social desirability of national vs. international mergers in relation to three different issues, (i) the level of trade freeness, (ii) the possibility of rent...

Persistent link: https://www.econbiz.de/10012779641

National Champion versus Foreign Takeover

Suedekum, Jens - 2021

We analyze an oligopolistic market where a domestic and a foreign firm are engaged in a takeover battle for a domestic competitor. Any merger or acquisition (M&A) must be approved by a welfare maximizing domestic competition agency which may or may not be prone to "economic patriotism". A...

Persistent link: https://www.econbiz.de/10013316871

Geographical Origins and Economic Consequences of Language Structures

Galor, Oded - 2016

This research explores the economic causes and consequences of language structures. It advances the hypothesis and establishes empirically that variations in pre-industrial geographical characteristics that were conducive to higher return to agricultural investment, larger gender gap in...

Persistent link: https://www.econbiz.de/10012978167

How Darwinian Should an Economy Be?

Saint-Paul, Gilles - 2014

This paper studies aggregate dynamics in a cobweb model where learning takes place through a selection mechanism, by which more successful firms are replicated at a higher rate. The structure of the model allows to characterize analytically the aggregate dynamics, and to compute the effect on...

Persistent link: https://www.econbiz.de/10013042991

The Macrogenoeconomics of Comparative Development

Ashraf, Quamrul H. - 2017

The importance of evolutionary forces for comparative economic performance across societies has been the focus of a vibrant literature, highlighting the roles played by the Neolithic Revolution and the prehistoric "out of Africa" migration of anatomically modern humans in generating worldwide...

Persistent link: https://www.econbiz.de/10012965018

Evolution and the Growth Process : Natural Selection of Entrepreneurial Traits

Galor, Oded - 2012

This research suggests that a Darwinian evolution of entrepreneurial spirit played a significant role in the process of economic development and the dynamics of inequality within and across societies. The study argues that entrepreneurial spirit evolved non-monotonically in the course of human...

Persistent link: https://www.econbiz.de/10013110853

An Evaluation of the Employment Effects of Barriers to Outsourcing

Bandyopadhyay, Subhayu - 2011

Barriers to outsourcing that are being currently implemented in the US effectively tax its companies who "export" jobs through outsourcing. The objective is to raise domestic employment. Given that many of the important international markets where the US has a comparative advantage feature...

Persistent link: https://www.econbiz.de/10013131419

Mixed Oligopoly in Education

Cremer, Helmuth - 2013

This paper studies oligopolistic competition in education markets when schools can be private and public and when the quality of education depends on "peer group" effects. In the first stage of our game schools set their quality and in the second stage they fix their tuition fees. We examine how...

Persistent link: https://www.econbiz.de/10013085046

Oligopoly and Outsourcing

Bandyopadhyay, Subhayu - 2006

With outsourcing comes a perceived tension between the competitive pressures faced by domestic firms and the effect that outsourcing has on domestic workers. To address this tension, we present a general-equilibrium model with an oligopolistic export sector and a competitive import-competing...

Persistent link: https://www.econbiz.de/10012783501

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