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qualities. The firms first choose whether to customize their products, then engage in price competition. We show that in …
Persistent link: https://www.econbiz.de/10014213700
We study mass customization in a duopoly game in which the firms' products have different qualities. Whether customization choices are made simultaneously or sequentially is endogenously determined. Specifically, the customization stage of the game involves two periods. Each firm either selects...
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bidders' costs generally depends on the type and fierceness of the market competition, the specific auction format, and the …
Persistent link: https://www.econbiz.de/10003935653
The paper deals with the competitive effects of price guarantees in a spatial duopoly where consumers can search for lower prices but have to incur hassle costs if they want to claim a price guarantee. It is shown that symmetric equilibria with and without price guarantees exist but price...
Persistent link: https://www.econbiz.de/10010337840
We investigate the welfare effect of union activity in a relatively new oligopoly model, the Cournot-Bertrand model, where one firm competes in output (a la Cournot) and the other firm competes in price (a la Bertrand). The Nash equilibrium prices, outputs, and profits are quite diverse in this...
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his model to a duopoly, and show the Nash and Correlated equilibria of the game. We prove that in competition, whether …
Persistent link: https://www.econbiz.de/10013105473
In many markets, a handset vendor and a service provider may enter into a tie-up for a handset to be available exclusively through the service provider. We examine when and why a service provider and a handset vendor may find this arrangement mutually profitable. We find that an exclusive tie-up...
Persistent link: https://www.econbiz.de/10013090265
contribute to OSS and compete in the services market, the nature of competition between OSS constituents and proprietary software … three player game and examine how open-source licensing affects competition among an open-source originator, open …
Persistent link: https://www.econbiz.de/10012837117