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This paper examines capacity-constrained oligopoly pricing with sellers who seek myopic improvements. We employ the …
Persistent link: https://www.econbiz.de/10012814516
In a context of product innovation, we study two-part tariff licensing between a patentee and a potential rival which compete in a differentiated product market characterized by network externalities. The latter are shown to crucially affect the relative profitability of Cournot vs. Bertrand...
Persistent link: https://www.econbiz.de/10012306713
for three specific linear quadratic games - Cournot oligopoly, Keynes' beauty contest and Public good provision - in which …
Persistent link: https://www.econbiz.de/10009756291
, under very general conditions, equilibria exist where mergers take place, and there is no presumption that there is …. -- merger ; asymmetric information ; oligopoly ; single crossing …
Persistent link: https://www.econbiz.de/10002202342
This paper introduces a number of game-theoretic tools to model collusive agreements among firms in vertically differentiated markets. I firstly review some classical literature on collusion between two firms producing goods of exogenous different qualities. I then extend the analysis to a...
Persistent link: https://www.econbiz.de/10011660599
mergers and economic theory, moreover, demonstrates that privately unprofitable mergers can be the result of rational action … such a rule would cause a considerable amount of false positives. -- oligopoly theory ; horizontal merger policy …We demonstrate that the popular Farrell-Shapiro-framework (FSF) for the analysis of mergers in oligopolies relies …
Persistent link: https://www.econbiz.de/10003821593
economy has become highly integrated, and foreign outsourcing has become a standard practice for firms. While trade theory …
Persistent link: https://www.econbiz.de/10011438940
In this paper, we tackle the dilemma of pruning versus proliferation in a vertically differentiated oligopoly under the …
Persistent link: https://www.econbiz.de/10011451580
noninvesting firms. In each period, one investor can acquire a small firm, the other investor decides about market entry. After … that all firms play an oligopoly game. We derive conditions under which increasing market concentration arises with myopic … spectrum of a firm. -- acquisitions ; entry ; concentration ; synergies ; product variety …
Persistent link: https://www.econbiz.de/10001729422
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...
Persistent link: https://www.econbiz.de/10010476200