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Nachfrageunsicherheit und Risikopolitik im Duopol

Broll, Udo; Pelster, Matthias; Wahl, Jack E. - 2012

Die vorliegende Arbeit untersucht ein Duopol bei unsicherer Nachfrage unter Risikoaversion. Die Produktion der gesamten … Terminmarkt erhalten. -- Nachfrageunsicherheit ; Duopol ; Terminmarkt ; Risikopolitik …The paper studies an duopoly with risk averse firms exposed to demand uncertainty. A risk sharing market is introduced …

Persistent link: https://www.econbiz.de/10009567543

Do forward markets enhance competition? : experimental evidence

Le Coq, Chloé (contributor); Orzen, Henrik (contributor) - 2002 - [Elektronische Ressource], Rev. October 1, 2004

Hedging risks is an important rationale for the existence of forward markets. However, Allaz and Vila (1993) show that duopolists can also have a strategic motive to sell forward, irrespective of exogenous uncertainties. Moreover, in their model the possibility of forward trading increases...

Persistent link: https://www.econbiz.de/10001693096

Implications of financial transaction costs on the real economy : a note

Pelster, Matthias - In: Contemporary economics 8 (2014) 1, pp. 113-118

hedging strategies of a duopoly. Firms are exposed to demand uncertainty that leads to price risk and can hedge their risk …, we explore the Cournot duopoly with a simultaneous hedging opportunity; second, we analyze the case with a sequential …

Persistent link: https://www.econbiz.de/10010405210

Forward trading and collusion in supply functions

Wölfing, Nikolas - 2019

This paper studies the effect of forward contracts on the stability of collusion among firms, competing in supply functions on the spot market. A forward market can increase the range of discount factors which allow to sustain collusion. On the contrary, collusion is destabilised when a...

Persistent link: https://www.econbiz.de/10011968922

Action Revision, Information and Collusion in an Experimental Duopoly Market

Roy, Nilanjan - 2017

We report on an experiment designed to study a dynamic model of quantity competition where firms continuously revise their production targets prior to the play of the "one-shot" game. We investigate how the observability of rival firm's plans and the technology for implementation of revised...

Persistent link: https://www.econbiz.de/10014122747

Risk Transfer versus Cost Reduction on Two-Sided Microfinance Platforms

Bollinger, Bryan - 2018

Microfinance can be an important tool for fighting global poverty by increasing access to loans and possibly lowering interest rates through microlending. However, the dominant mechanism used by online microfinance platforms, in which intermediaries administer loans, has profound implications...

Persistent link: https://www.econbiz.de/10012935804

Endogenous Quality Choice : Price and Quantity Competition

Selim, Tarek H. - 2019

both prices and quantities (capacity levels) within a simple duopoly market setting where products are asymmetrically …, may not fully cover market demand for an incumbent duopoly …

Persistent link: https://www.econbiz.de/10012896357

Bertrand Competition

Bhattacharya, Rajeev R. - 2017

Persistent link: https://www.econbiz.de/10012954856

Second-Hand Markets and Collusion by Manufacturers of Semidurable Goods

Schiraldi, Pasquale - 2010

The focus of the present work is to study the impact of the second-hand market the collusive behavior. I analyze firms' preferences for having an active second-hand market and whether policies (i.e. leasing policy, buy-back policy and warranty policy) that affect the functioning of the...

Persistent link: https://www.econbiz.de/10013148187

Ownership Structure and Efficiency in Large Economies

Bejan, Camelia - 2013

We analyze the limit behavior of sequences of oligopolistic equilibria in which firms follow objectives consistent with their shareholders' interests. We show that convergence to a competitive outcome may fail for some distributions of firms' shares across consumers, and provide a...

Persistent link: https://www.econbiz.de/10013080270