Showing 1 - 10 of 428
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 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
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 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
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
The article examines a differentiated-products duopoly model where the firms make entry decisions to two markets and …
Persistent link: https://www.econbiz.de/10005836325
In this survey, I look into experimental studies on duopolistic quantity competition with homogeneous products and duopolistic price competition with heterogeneous products. The focus is on the sequence of competition. That is, I summarize and analyze experimental studies checking Cournot...
Persistent link: https://www.econbiz.de/10008560134
The present study considers a unionised duopoly with the two most popular labour market institutions, i.e. efficient … results shed some light on the effects of how labour market structures affect out-of equilibrium behaviours in a duopoly in …
Persistent link: https://www.econbiz.de/10009360279