Showing 1 - 10 of 229
The paper extends the analysis of price competition among capacity-constrained sellers beyond the cases of duopoly and … symmetric oligopoly.We first provide some general results for the oligopoly and then focus on the triopoly, providing a complete … which do not arise in the duopoly …
Persistent link: https://www.econbiz.de/10005836834
The paper extends the analysis of price competition among capacity-constrained sellers beyond the cases of duopoly and … symmetric oligopoly. We first provide some general results for the oligopoly and then focus on the triopoly, providing a … equilibrium which do not arise in the duopoly (some of them have also been discovered by Hirata (2008)). …
Persistent link: https://www.econbiz.de/10005837398
This paper attempts to explore the possibilities of a viable transport network in the long run which can respond to the demand for communication by people of Tripura as well as the demand of Tripura’s projected economy. Since, Tripura is constantly facing the problem of lack of a smooth...
Persistent link: https://www.econbiz.de/10011259372
In the article, a model of oligopolistic (duopolistic) competition between two people smuggling syndicates is developed. I consider the Cournot and Stackelberg cases. First, the deterministic case is considered, where I show the conditions of profit maximisation for the syndicates. Then, a model...
Persistent link: https://www.econbiz.de/10009151132
We analyze a Bertrand-Edgeworth game in homogeneous product industry, under effcient rationing, constant marginal cost until full capacity utilization, and identical technology across firms. We solve for the equilibrium and establish its uniqueness for capacity configurations in the mixed...
Persistent link: https://www.econbiz.de/10008493032
Economic sanction has been widely used and increasingly a popular tool in maintaining peace and political stability in the world. The use of economic sanction, as opposed to the use of military power, to punish target countries have been supported by the Charter of United Nations (UN). Tsebelis...
Persistent link: https://www.econbiz.de/10009647290
This paper studies models where the optimal response functions under consideration are non-increasing in endogenous variables, and weakly increasing in exogenous parameters. Such models include games with strategic substitutes, and include cases where additionally, some variables may be...
Persistent link: https://www.econbiz.de/10012824357
In this paper a dierential game model of renewable resource ex- ploitation is considered in which rms compete in exploiting a com- mon resource in a Bertrand price-setting game. The model character- izes a situation in which rms extract a common renewable resource which after harvesting may be...
Persistent link: https://www.econbiz.de/10005789429
The paper examines the timing of endogenous wage setting under Bertrand competition in a unionized mixed duopoly. The …
Persistent link: https://www.econbiz.de/10008545999
This paper examines Bertrand competition under free entry, when firm size vis-a-vis market size is exogenously given. A free entry Bertrand Nash equilibrium (FEBE) exists if and only if relative market size is sufficiently large. Further, there is a unique coalition-proof Nash equilibrium price...
Persistent link: https://www.econbiz.de/10008531700