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Modeling strategic electricity storage : the case of pumped hydro storage in Germany

Schill, Wolf-Peter; Kemfert, Claudia - In: The energy journal 32 (2011) 3, pp. 59-87

Persistent link: https://www.econbiz.de/10009309722

"Containership Markets" : a comparison with bulk shipping and a proposed oligopoly model

Goulielmos, Alexander M. - In: Spoudai : journal of economics and business 67 (2017) 2, pp. 47-68

The paper unveils the market structure of container shipping, which suffers by many interpretations. Existing models regress between contestability, duopoly, monopolistic competition and game theory. This paper proposes an oligopoly model with two groups of companies: oligopolists and...

Persistent link: https://www.econbiz.de/10011737687

Chapter 15 Antitrust

Kaplow, Louis; Shapiro, Carl - In: Handbook of law and economics : volume 2, (pp. 1073-1225). 2007

This is a survey of the economic principles that underlie antitrust law and how those principles relate to competition policy. We address four core subject areas: market power, collusion, mergers between competitors, and monopolization. In each area, we select the most relevant portions of...

Persistent link: https://www.econbiz.de/10014023495

Strategic leniency and cartel enforcement

Miller, Nathan H. - In: The American economic review 99 (2009) 3, pp. 750-768

Persistent link: https://www.econbiz.de/10003863197

Cartel formation in Cournot competition with asymmetric costs : a partition function approach

Abe, Takaaki - In: Games 12 (2021) 1/14, pp. 1-16

In this paper, we use a partition function form game to analyze cartel formation among firms in Cournot competition. We … level of the cost advantage is "moderate", then the firm with the cost advantage leads the cartel formation among the firms …. Moreover, if the cost advantage is relatively high, then the formed cartel can also be stable in the sense of the core of a …

Persistent link: https://www.econbiz.de/10012432603

Imperfect collusion in an asymmetric duopoly

Escrihuela-Villar, Marc; Gutiérrez-Hita, Carlos - In: Estudios de economía 45 (2018) 1, pp. 29-50

Using the coefficient of cooperation, we analyse the effect of cost asymmetries on collusive agreements when firms are able to coordinate on distinct output levels than the unrestricted joint profit maximization outcome. In this context, we first investigate the extent to which collusive...

Persistent link: https://www.econbiz.de/10011982484

Collusive stability with relative performance and network externalities

Lu, Yi-Shan; Tsai, Chien-Shu; Lee, Jen Yao; Lee, Chung-Yang - In: Games 15 (2024) 3, pp. 1-7

In this paper, we aim to investigate the collusive stability in the presence of network externalities among firms with relative performance in the firm's objective functions. We demonstrate that collusive stability is increasing (decreasing) in the degree of relative performance, product...

Persistent link: https://www.econbiz.de/10014636244

The gains and losses of collusion : an empirical research on the market behaviors of China's power enterprises

Gao, Ruize; Zhang, Zhenji; Li, Ang; Ran, Chang - In: Journal of industrial engineering and management : JIEM 8 (2015) 3, pp. 943-962

a lower network price. It is helpful to the development of the whole industry. However, once Cartel is formed, the price … long-time Cartel will reduce the market entrant in electricity generation. Market resources are centralized in the hands of … Cartel, causing a low effective competition in the market, which has passive effects on users. Implications: The empirical …

Persistent link: https://www.econbiz.de/10011914690

Business practices of Indian cement industry : an evidence of possible cartelization

Rao, D. Tripati; Khanna, Rupika - In: Economics, management and financial markets 10 (2015) 4, pp. 47-60

Persistent link: https://www.econbiz.de/10011555115

Chapter 18 The Media and Advertising: A Tale of Two-Sided Markets

Anderson, Simon P.; Gabszewicz, Jean J. - In: Handbook of the economics of art and culture : volume 1, (pp. 567-614). 2006

Media industries are important drivers of popular culture. A large fraction of leisure time is devoted to radio, magazines, newspapers, the Internet, and television (the illustrative example henceforth). Most advertising expenditures are incurred for these media. They are also mainly supported...

Persistent link: https://www.econbiz.de/10014023811