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This paper explores optimal environmental tax policy under which duopoly firms strategically choose the location of … of location of duopoly firms affects the welfare of the home country. We characterize the relationship between the … existence of asymmetric equilibrium in which either firm chooses relocation of its plant even if the duopoly firms are identical …
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This paper analyzes a sequential game where firms decide about outsourcing the production of a non-specific input good to an imperfectly competitive input market. We apply the taxonomy of business strategies introduced by Fudenberg and Tirole (1984) to characterize the different equilibria. We...
Persistent link: https://www.econbiz.de/10001783571
We examine vertical backward integration in a reducedform model of successive oligopolies. Our key findings are: (i) There may be asymmetric equilibria where some firms integrate and others remain separated, even if firms are symmetric initially; (ii) Efficient firms are more likely to integrate...
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This paper presents an examination of the socially efficient formation of environmental R&D in Cournot duopoly in a …
Persistent link: https://www.econbiz.de/10010344318
Suppose markets and firms are connected in a bi-partite network, where firms can only supply to the markets they are connected to. Firms compete a la Cournot and decide how much to supply to each market they have a link with. We assume that markets have linear demand functions and firms have...
Persistent link: https://www.econbiz.de/10008811029
It has been shown in prior research that cost effectiveness in the competitive emissions permit market could be affected by tacit collusion or price manipulation when the corresponding polluting product market is oligopolistic. We analyze these cross market links using a Stackelberg model to...
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