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Vertical differentiation and collusion : cannibalization or proliferation?

Gabszewicz, Jean Jaskold; Marini, Marco A.; Tarola, Ornella - 2016

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

Price competition and endogenous product choice in networks : evidence from the US airline industry

Bontemps, Christian; Gualdani, Cristina; Remmy, Kevin - 2023

We develop a two-stage game in which competing airlines first choose the networks of markets to serve in the first stage before competing in price in the second stage. Spillovers in entry decisions across markets are allowed, which accrue on the demand, marginal cost, and fixed cost sides. We...

Persistent link: https://www.econbiz.de/10014313556

Collusion in quality-segmented markets

Bos, Iwan; Marini, Marco - 2020

This paper analyzes price collusion in a repeated game with two submarkets; a standard and a premium quality segment. Within this setting, we study four types of price-fixing agreement: (i) a segment-wide cartel in the premium submarket only, (ii) a segment-wide cartel in the standard submarket...

Persistent link: https://www.econbiz.de/10012306748

Dynamic price competition with price adjustment costs and product differentiation

Vernasca, Gianluigi - 2003

We study a discrete time dynamic game of price competition with spatially differentiated products and price adjustment costs. We characterise the Markov perfect and the open-loop equilibrium of our game. We find that in the steady state Markov perfect equilibrium, given the presence of...

Persistent link: https://www.econbiz.de/10011593786

Price competition and product differentiation when consumers care for the environment

Conrad, Klaus - 2003

differentiation when customers are concerned about environmental aspects of the good. We use the spatial duopoly model to determine …

Persistent link: https://www.econbiz.de/10011591898

Information acquisition, signaling and learning in duopoly

Jeitschko, Thomas D.; Liu, Ting; Wang, Tao - 2016

Persistent link: https://www.econbiz.de/10011698549

Price competition with information disparities in a vertically differentiated duopoly

Cavaliere, Alberto - 2004

In this paper we extend the model of vertical product differentiation to also consider information disparities about the extent of quality differences. Equilibrium prices turn out to depend not only on the share of informed consumers but also on uninformed consumers beliefs about quality...

Persistent link: https://www.econbiz.de/10011600092

Collusive agreements in vertically differentiated markets

Marini, Marco A. - 2017

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

The scope for strategic asymmetry under international rivalry

Gilbert, John P.; Koska, Onur A.; Oladi, Reza - 2022

Persistent link: https://www.econbiz.de/10013193588

Globalization, product differentiation and wage inequality

Bastos, Paulo; Straume, Odd Rune - 2010

This paper develops a two-country, general equilibrium model of oligopoly in which the degree of horizontal product … differentiation is endogenously determined by firms strategic investments in product innovation. Consumers seek variety and product … innovation is more skill intensive than production. Stronger import competition increases innovation incentives, and thereby the …

Persistent link: https://www.econbiz.de/10010246563