Showing 1 - 10 of 3,071
Persistent link: https://www.econbiz.de/10004676162
We consider duopoly models where firms make decisions on capacity, production, and price under demand uncertainty … cost functions, we characterize the equilibrium for a symmetric duopoly and establish the strategic equivalence of price …
Persistent link: https://www.econbiz.de/10009191465
We study the strategic disclosure of demand information and product-market strategies of duopolists. In a setting where firms may fail to receive information, we show that firms selectively disclose information in equilibrium in order to influence their competitor’s product-market strategy....
Persistent link: https://www.econbiz.de/10010892064
We study the strategic disclosure of demand information and product-market strategies of duopolists. In a setting where firms may fail to receive information, we show that firms selectively disclose information in equilibrium in order to influence their competitor's product-market strategy....
Persistent link: https://www.econbiz.de/10010905833
(monopolistic competition versus Bertrand duopoly) do not affect the relative price of consumption goods if the markups are …
Persistent link: https://www.econbiz.de/10005086993
We consider the efficiency of Cournot and Bertrand equilibria in a duopoly with substitutable goods where firms invest …
Persistent link: https://www.econbiz.de/10011256366
As part of a broad competitive intelligence strategy, firms expect to acquire information about their rivals’ customers and production processes. In this study, we examine the firms’ incentives to disclose this information. We find that firms adopt a policy of disclosing their information...
Persistent link: https://www.econbiz.de/10008614976
This paper examines the effect of capital structure on the competitive position of firms in the product market, as measured by the market share. Theoretical predictions suggest that this effect depends on whether Cournot or Bertrand competition determines firms' interactions. We present evidence...
Persistent link: https://www.econbiz.de/10010729765
We investigate how competitive behavior affects the capital structure of a firm. Theory predicts that the impact of …
Persistent link: https://www.econbiz.de/10010731274
This paper reconciles the Cournot and Bertrand Models of oligopolistic competition, highlighting its weaknesses and giving an opinion thereafter. The pertinent question in this paper is why Cournot (1838) ignored the price and Bertrand (1883) ignored the quantity? From the review, the main...
Persistent link: https://www.econbiz.de/10011170366