Showing 1 - 10 of 428
We present an analysis about adoption of new technology by firms in a duopoly with differentiated goods under absolute …
Persistent link: https://www.econbiz.de/10011112210
We study implications of the choice of strategic variables, price or quantity, by firms in a duopoly with … they determine the values of their strategic variables. We define the relative profit of a firm as the ratio of its profit … over the total profit. But, even if we define the relative profit of a firm as the difference between the profits of firms …
Persistent link: https://www.econbiz.de/10011207091
We analyze Bertrand and Cournot equilibria in an asymmetric oligopoly in which the firms produce differentiated substitutable goods and seek to maximize their relative profits instead of their absolute profits. Assuming linear demand functions and constant marginal costs we show the following...
Persistent link: https://www.econbiz.de/10011110443
profits. The relative profit of each firm is the difference between its profit and the average of the profits of other firms …
Persistent link: https://www.econbiz.de/10011272693
We study the choice of strategic variables by firms in a duopoly in which two firms produce differentiated … substitutable goods and each firm maximizes its relative profit that is the difference between its profit and the profit of the …
Persistent link: https://www.econbiz.de/10011107282
In this note we investigate the relation between a Cournot equilibrium and a Bertrand equilibrium in a duopoly with … differentiated goods in which each firm maximizes its relative profit that is the difference between its profit and the profit of the …
Persistent link: https://www.econbiz.de/10011111361
We study the equilibrium with quantity setting behavior and price setting behavior of firms in duopoly under relative … firms are irrelevant to the equilibrium of a duopoly. 2) Quantity setting behavior and price setting behavior are equivalent …
Persistent link: https://www.econbiz.de/10011113286
In the framework Hotelling-Downs competition two players can freely choose a position along a one-dimensional market. We introduce restrictions of feasible strategies and analyze the consequences for players and consumers. In equilibrium players may minimally differentiate away from the center...
Persistent link: https://www.econbiz.de/10011109786
Prior research has shown, on the one hand, that firms subject to a cap-and-trade system can enjoy scarcity rents and, on the other hand, that cost effectiveness in a competitive emission permit market could be affected by tacit collusion and price manipulation when the corresponding polluting...
Persistent link: https://www.econbiz.de/10011156971
This paper analyses the dynamics of a Cournot duopoly under cross-ownership participation when players have …
Persistent link: https://www.econbiz.de/10009367980