Similar Search Results

Horizontal mergers with capital adjustments : workers' cooperatives and the merger paradox

Delbono, Flavio; Lambertini, Luca - 2014

merger to monopoly. …

Persistent link: https://www.econbiz.de/10011729071

Optimal firms' mix in oligopoly with twofold environmental externality

Delbono, Flavio; Lambertini, Luca - 2014

We charaterise the socially optimal mix of firms in an oligopoly with both profit-seeking and labour-managed firms. The policy maker faces a twofold externality: (i) production entails the exploitation of a common pool natural resource and (ii) production/consumption pollutes the environment. We...

Persistent link: https://www.econbiz.de/10011729094

Green consumers, greenwashing and the misperception of environmental quality

Lambertini, Luca; Pignataro, Giuseppe; Tampieri, Alessandro - 2014

In this paper we analyse a setup where consumers are heterogeneous in the perception of environmental quality. The equilibrium is verified in a setting with horizontal and vertical (green) differentiation. Profits are increasing in the misperception of quality, while, the investment in green...

Persistent link: https://www.econbiz.de/10011729940

Adjustment to equilibrium after a demand shock : a strategic interaction view

Lambertini, Luca; Marattin, Luigi - 2014

In this paper we verify the functioning of the standard neoclassical adjustment to equilibrium after a demand shock in a non-cooperative simultaneous Cournot duopoly with complete, symmetric and imperfect information. Our results show that in such a framework the adjustment to the long-run level...

Persistent link: https://www.econbiz.de/10011730005

Cournot competition and "green" innovation : an inverted-U relationship

Lambertini, Luca; Poyago-Theotoky, Joanna; Tampieri, … - 2014

We examine the relationship between competition and innovation in an industry where production is polluting and R&D aims to reduce emissions ("green" innovation). We present an n-firm oligopoly where firms compete in quantities and decide their investment in "green" R&D. When environmental...

Persistent link: https://www.econbiz.de/10011730008

On the emergence of overcompliance with endogenous environmental standards and patronising consumers

Lambertini, Luca; Tampieri, Alessandro - 2012

We propose a model of environmental overcompliance in a duopoly setting where consumers are environmentally concerned and may patronise the product they buy, firms set their green investment to abate the impact of productivity on pollution and a government sets the environmental standard with...

Persistent link: https://www.econbiz.de/10011731235

Differential games in industrial economics

Lambertini, Luca - 2018

differential game theory to economics, argues that many dynamic phenomena in industrial organisation (such as monopoly, oligopoly … differential game theory to economics, argues that many dynamic phenomena in industrial organisation (such as monopoly, oligopoly …Game theory has revolutionised our understanding of industrial organisation and the traditional theory of the firm …

Persistent link: https://www.econbiz.de/10011751998

Bidimensional vertical differentiation

Garella, Paolo G.; Lambertini, Luca - 2010

Persistent link: https://www.econbiz.de/10011752292

On prices' cyclical behaviour in oligopolistic markets

Lambertini, Luca; Marattin, Luigi - 2016

We revisit the discussion about the relationship between price's cyclical features, implicit collusion and the demand level in an oligopoly supergame where a positive shock may hit demand and disrupt collusion. The novel feature of our model consists in characterising the post-shock...

Persistent link: https://www.econbiz.de/10011705503

Market power and duration of R&D investment in a panel of Italian firms

Bontempi, Maria Elena; Lambertini, Luca; Medeossi, Erica - 2016

Studies about innovation find evidence of a positive relationship between technological advancement and firm performance, in particular when the innovative effort is continuous. This paper aims to further the analysis on the duration of R&D investment at the firm level. The contribution of this...

Persistent link: https://www.econbiz.de/10011705599