Narrow search
Showing 1 - 10 of 82
Cover Image
Stability analysis in a Bertrand duopoly with different product quality and heterogeneous expectations
Fanti, Luciano; Gori, Luca - Volkswirtschaftliche Fakultät, … - 2011
We study the local stability properties of a duopoly game with price competition, different product quality and heterogeneous expectations. We show that the Nash equilibrium can loose stability through a flip bifurcation when the consumer’s type range increases. This result occurs irrespective...
Persistent link: https://www.econbiz.de/10009294915
Cover Image
Stability analysis in a Bertrand duopoly with different product quality and heterogeneous expectations
Fanti, Luciano; Gori, Luca - Dipartimento di Economia e Management, Università … - 2011
We study the local stability properties of a duopoly game with price competition, different product quality and heterogeneous expectations. We show that the Nash equilibrium can loose stability through a flip bifurcation when the consumer’s type range increases. This result occurs irrespective...
Persistent link: https://www.econbiz.de/10009321778
Cover Image
Bargaining agenda in public and private monopoly.
Fanti, Luciano; Buccella, Domenico - Volkswirtschaftliche Fakultät, … - 2015
and workers and consumers on the other side. In case of threat of market entry, the public (private) monopolist may … the EB agenda as a strategic tool to deter entry, while an incumbent private company can use it. An opposite result holds … when EB is the established practice in the industry: the incumbent public company can use RTM to deter entry, while the …
Persistent link: https://www.econbiz.de/10011274905
Cover Image
Entry in a network industry with a "capacity-then-production" choice
Buccella, Domenico; Fanti, Luciano - In: Seoul journal of economics 29 (2016) 3, pp. 411-429
Persistent link: https://www.econbiz.de/10011545948
Cover Image
Unions and entry to traditional and network industries
Fanti, Luciano; Buccella, Domenico - In: Economía teoría y práctica 28 (2020) 52, pp. 43-68
Persistent link: https://www.econbiz.de/10012617856
Cover Image
Efficient bargaining versus right to manage: a stability analysis with heterogeneous players in a duopoly with quantity competition and trade unions
Fanti, Luciano; Gori, Luca - Volkswirtschaftliche Fakultät, … - 2011
The present study considers a unionised duopoly with the two most popular labour market institutions, i.e. efficient bargaining (EB) and right to manage (RTM) unions and analyses product market stability under quantity competition. By focusing on the role played by labour market institutions on...
Persistent link: https://www.econbiz.de/10009360279
Cover Image
Cross-ownership and stability in a Cournot duopoly
Fanti, Luciano; Gori, Luca - Volkswirtschaftliche Fakultät, … - 2011
This paper analyses the dynamics of a Cournot duopoly under cross-ownership participation when players have heterogeneous, i.e. bounded rational and naïve, expectations. We find that when the shareholder that owns firm also holds a percentage of firm , the parametric stability region of the...
Persistent link: https://www.econbiz.de/10009367980
Cover Image
The dynamics of a Bertrand duopoly with differentiated products and bounded rational firms revisited
Fanti, Luciano; Gori, Luca - Volkswirtschaftliche Fakultät, … - 2011
We revisit the study of the dynamics of a duopoly game à la Bertrand with horizontal product differentiation and bounded rational firms analysed by Zhang et al. (2009), (Zhang, J., Da, Q., Wang, Y., 2009. The dynamics of Bertrand model with bounded rationality. Chaos, Solitons and Fractals 39,...
Persistent link: https://www.econbiz.de/10009294609
Cover Image
The dynamics of a differentiated duopoly with quantity competition
Fanti, Luciano; Gori, Luca - Volkswirtschaftliche Fakultät, … - 2011
We analyse the dynamics of a Cournot duopoly game with heterogeneous players to investigate the effects of micro-founded differentiated products demand. The present analysis, which modifies and extends Zhang et al. (2007) (Zhang, J., Da, Q., Wang, Y., 2007. Analysis of nonlinear duopoly game...
Persistent link: https://www.econbiz.de/10009294922
Cover Image
Stability in a Cournot duopoly under asymmetric unionism
Fanti, Luciano; Gori, Luca - Dipartimento di Economia e Management, Università … - 2011
We analyse the stability issue in a Cournot duopoly with asymmetric unionism and heterogeneous players. We show that labour market institutions matter or the stability of the unique interior Cournot-Nash equilibrium. Interestingly, the role played by the existence of firm-specific unions on...
Persistent link: https://www.econbiz.de/10009321776