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The result that firms competing in a Cournot oligopoly with pairwise collaboration form a complete network under zero …
Persistent link: https://www.econbiz.de/10008805865
We investigate government subsidy policies in which a home firm and a foreign firm choose to strategically set prices … governments under subsidy regime, Cournot competition is more efficient than Bertrand competition when the goods are substitutes … Pareto superior (inferior) with government's intervention of subsidy policy when the goods are substitutes (complements …
Persistent link: https://www.econbiz.de/10011108828
We investigate government subsidy policies in which a home firm and a foreign firm choose to strategically set prices … governments under subsidy regime, Cournot competition is more efficient than Bertrand competition when the goods are substitutes …
Persistent link: https://www.econbiz.de/10011112806
population of firms (potential innovators) and consumers interacting in a space defined as a social network. Consumers are …
Persistent link: https://www.econbiz.de/10005787108
We study the following game: each agent i chooses a lottery over nonnegative numbers whose expectation is equal to his budget b_i. The agent with the highest realized outcome wins and agents only care about winning). This game is motivated by various real-world settings where agents each choose...
Persistent link: https://www.econbiz.de/10005619369
subsidy under Bertrand competition; and (iii) when the choice of competition mode is delegated to upstream firms or to the …
Persistent link: https://www.econbiz.de/10011114015
A reaction curve RC, also called reaction function or best-reply function, is the locus of optimal, i.e. profit-maximizing, actions that a firm may undertake for any given action chosen by a rival firm. The RC diagram is the standard tool for the graphical analysis of duopoly. In the diagram the...
Persistent link: https://www.econbiz.de/10009323930
We consider consumers with the same reservation price, who desire to buy at most one unit of a good. Firms compete only in prices but there are other features firms cannot control that would eventually lead an agent to buy in one firm or another. We introduce such uncertainty in a model of a...
Persistent link: https://www.econbiz.de/10011183537
The report identifies concerns with the EU anti-dumping instrument, as applied today, regardless of the fact that the investigation procedures and methods might be in line with the current regulation and practice. The report's arguments are based on the recent anti-dumping investigation – and...
Persistent link: https://www.econbiz.de/10009654208
This paper studies a public firm's incentive to raise its productive efficiency by undertaking cost-reducing R&D investment when it competes against a foreign private firm. Our focus is to ravel out how a decrease in an importing tariff levied on foreign goods affects this investment level inter...
Persistent link: https://www.econbiz.de/10008805831