Showing 1 - 10 of 26
We consider a vertically related industry and analyze how the total harm due to a price increase upstream is distributed over downstream firms and final consumers. For this purpose, we develop a general model without making specific assumptions regarding demand, costs, or the mode of...
Persistent link: https://www.econbiz.de/10011051632
Persistent link: https://www.econbiz.de/10011092616
We consider a vertically related industry and analyze how the total harm due to a price increase upstream is distributed over downstream firms and final consumers. For this purpose, we develop a general model without making specific assumptions regarding demand, costs, or the mode of...
Persistent link: https://www.econbiz.de/10005666424
competes with another firm à la Cournot in a second market. We compare treatments where the multi-product firm (i) always …
Persistent link: https://www.econbiz.de/10011048603
In this paper we experimentally investigate the extended game with observable delay of Hamilton and Slutsky (Games Econ.Beh., 1990).Firms bindingly announce a production period (one out of two periods) and then they produce in the announced sequence.Theory predicts simultaneous production in...
Persistent link: https://www.econbiz.de/10011091156
competes with another firm à la Cournot in a second market. We compare treatments where the multi-product firm (i) always …
Persistent link: https://www.econbiz.de/10010983930
linear heterogeneous Cournot and Bertrand competition models, we show that the unique conjectures that are evolutionarily …
Persistent link: https://www.econbiz.de/10005823405
endogenous Cournot outcomes and sometimes collusive play. This is partly driven by the fact that endogenous Stackelberg followers …
Persistent link: https://www.econbiz.de/10005408230
Persistent link: https://www.econbiz.de/10011092610
This article investigates whether decision makers intuitively optimize close to the normative prediction in entrepreneurial decision situations where their time must be allocated between a wage job and a newly formed venture. We offer an analytical model based on maximizing expected utility, and...
Persistent link: https://www.econbiz.de/10010983482