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Auctions with Endogenous Valuations, The Snowball Effect Revisited
Krishna, Kala - 1990
In most of the literature on auctions the valuations of agents are exogenously specified. This assumption may be inappropriate in a number of cases where valuations are better derived endogenously. Endogenous valuations are appropriate when there are many units being auctioned and their value is...
Persistent link: https://www.econbiz.de/10012475544
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Does Strategic Ability Affect Efficiency? Evidence from Electricity Markets
Hortaçsu, Ali - 2017
Oligopoly models of short-run price competition predict that large firms can exercise market power and generate …
Persistent link: https://www.econbiz.de/10012455156
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Entry, Exit, and the Determinants of Market Structure
Dunne, Timothy - 2009
expectations of future profits which, in turn, depend on the nature of competition within the market. In this paper we estimate a … by potential entrants, fixed costs faced by incumbent producers, and the toughness of short-run price competition are all …
Persistent link: https://www.econbiz.de/10012463337
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The Competitive Effects of Information Sharing
Asker, John - 2016
and inventories, as the firms are more able to avoid the intense competition in low inventory states. While average bids …
Persistent link: https://www.econbiz.de/10012455844
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Dynamics of Large Multinationals
Helpman, Elhanan; Niswonger, Benjamin C. - National Bureau of Economic Research - 2021
monopolistic competition. The multinational enterprises invest in R&D in order to expand the span of their products and in foreign …
Persistent link: https://www.econbiz.de/10012659995
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A Tale of Two Networks : Common Ownership and Product Market Rivalry
Ederer, Florian; Pellegrino, Bruno - National Bureau of Economic Research - 2022
general equilibrium model with a hedonic demand system in which firms compete in a network game of oligopoly. Firms are …, common ownership of competing firms induces unilateral incentives to soften competition. The magnitude of the common …
Persistent link: https://www.econbiz.de/10013191098
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Large Firms, Consumer Heterogeneity and the Rising Share of Profits
Feenstra, Robert C.; Macedoni, Luca; Xu, Mingzhi - National Bureau of Economic Research - 2022
competition and consumer heterogeneity. Conditional on the sales distribution, the presence of consumer heterogeneity increases …
Persistent link: https://www.econbiz.de/10012814421
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Business Cycles and Oligopoly Supergames : Some Empirical Evidence on Prices and Margins
Domowitz, Ian - 1986
There has been a significant interest on a theoretical level in the application of supergames to oligopoly behavior …
Persistent link: https://www.econbiz.de/10012477012
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International Oligopoly and Asymmetric Labour Market Institutions
Brander, James A. - 1986
Asymmetries in labour relations can have important effects on imperfectively competitive rivalries between firms. Such asymmetries are particularly striking in cross-country comparisons and are therefore of greatest interest in international markets. Using a simple duopoly model, we focus on two...
Persistent link: https://www.econbiz.de/10012477031
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Industrial Organization and International Trade
Krugman, Paul - 1986
aid to domestic firms in oligopolistic competition. Finally, the paper …as a cause of intra-industry trade, modelled using monopolistic competition …
Persistent link: https://www.econbiz.de/10012477115