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The EU agenda for improving competitiveness is missing in action. Economic competitiveness has been a central plank in the development of the European Union - a relentless quest for policies that lead to more prosperity and that make European companies in world markets more successful. However,...
Persistent link: https://www.econbiz.de/10014560176
loss that arises from more intense market competition: the low-cost firms' profits may indeed increase with the number of …
Persistent link: https://www.econbiz.de/10010332211
-perfect duopoly dynamics with ongoing demand uncertainty. All entrants serving the model industry incur sunk costs, and exit avoids … two firms reduces the probability of having a duopoly but increases the probability that some firm will serve the industry …
Persistent link: https://www.econbiz.de/10010325491
This paper discusses a simultaneous market entry game between two firms with different fixed costs. This case is a typical application of mixed strategy equilibria. Conventional wisdom would suggest that the low-cost firm is more likely to enter the market. This presumption is wrong. Instead,...
Persistent link: https://www.econbiz.de/10010275251
Although justification for competition policies is well founded in the economic literature, there is a need to … consensus that "competition is good," there is vagueness in the minds of many and uncertainty about the need for competition … policy and how competition should be enforced. This paper aims to contribute to the growing discussion on how to proceed from …
Persistent link: https://www.econbiz.de/10011429695
selected enforcement options in a Cournot-type duopoly predation model. Differentiating between a no rule approach, an ex ante …
Persistent link: https://www.econbiz.de/10010302998
under Cournot competition. We use the model to explore issues related to cross-country differences in industry structure and …
Persistent link: https://www.econbiz.de/10010294858
This paper focuses both on the competition process and the firms liability in environmental protection and the … duopolistic competition model with strict liability, we show, first, that the way the firms assess the environmental question is …
Persistent link: https://www.econbiz.de/10011608595
of these instruments in the competition between banking firms. We use a duopolistic version of the industrial … organization approach to banking to find out that credit derivatives may influence banking competition. For this result to hold …
Persistent link: https://www.econbiz.de/10010263017
induces a negative effect on the profits of both media outlets, and increases price competition. Furthermore, the newspaper …
Persistent link: https://www.econbiz.de/10010427580