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We show that the standard analysis of vertical relationships transposes directly to investment dynamics. Thus, when a firm undertaking a project requires an outside supplier (e.g., an equipment manufacturer) to provide it with a discrete input to serve a growing but uncertain demand, and if the...
Persistent link: https://www.econbiz.de/10011108898
We develop a model of dynamic interactions between price variations in leasing and selling markets for automobiles. Our framework assumes a differential game between multiple Bertrand-type competing firms which offer differentiated products to forward-looking agents. Empirical analysis of our...
Persistent link: https://www.econbiz.de/10011110756
This work is a PhD dissertation, written at the Department of Economics, McGill University. The thesis offers a new framework for inflation as a process of restructuring. Contrary to existing theories of inflation, which tend to take structure and institutions as given for the purpose of...
Persistent link: https://www.econbiz.de/10005789620
Our paper considers a “negotiation game” between two players which combines the features of two-players alternating offers bargaining and repeated games. Generally, the negotiation game in general admits a large number of equilibriums but some of which involve delay and inefficiency. Thus,...
Persistent link: https://www.econbiz.de/10011258583
This paper attempts, on the one hand, to reveal the main principles of Competition Law (regulatory and case law …
Persistent link: https://www.econbiz.de/10009251551
The purpose of this paper is to investigate how socially concerned consumers' preferences affects firms' decisions to commit to social responsibility. In a market in which firms face the same demand function and products are homogeneous, we find that a large group of socially concerned consumers...
Persistent link: https://www.econbiz.de/10008543499
In this paper I analyze the kind of behavior which can be considered evolutively stable in an oligopolistic market
Persistent link: https://www.econbiz.de/10008472220
, like 2x2 games, Cournot duopoly, price competition, rent seeking, public goods games, common pool resource games, minimum …
Persistent link: https://www.econbiz.de/10008615619
This paper uses a model (consisting of a linear estimate of a demand curve, a linear quadratic cost curve and a logistic diffusion curve) and four types of imperfectly competitive behaviour — monopolistic intertemporal profit maximization, a dynamic Bertrand oligopoly, and a duopolistic...
Persistent link: https://www.econbiz.de/10011156986
The book deals with theoretical concepts and ways of practical implementation of information sytems in companies. A successful information system project has to be based on the information strategy of the company. Taking the business strategy into consideration the information system value for...
Persistent link: https://www.econbiz.de/10005836628