these instruments in the banking in- dustry which is heavily exposed to credit risk. However, while recent literature mainly …

This paper studies a Cournot duopoly in international trade so that the firms are exposed to exchange rate risk. A …: First we assume that hedging and output decisions are taken simultaneously. We show that hedging is just done for risk … output decisions. We show that hedging is used not only to manage the risk exposure but also as a strategic device …

In a duopoly market, aspiration levels express how much sellers want to earn given their expectations about the other …

competition, ii) increases (decreases) the parameter region with a unique duopoly equilibrium (multiple equilibria), iii) reduces …

framework of an international duopoly with environmental regulations, this paper shows that an environmental tax imposed by the …

In a duopoly industry with environmentally differentiated products, we examine the effects of introducing a mandatory …

liability: they seek to minimize the technologies accident risk while the second one corresponds to a much more standard choice …

In this paper, I compare two-part tariff competition to linear pricing in a vertically differentiated duopoly …

market structure from monopoly to duopoly under the assumption that software producers compete in technology rather than …, i.e. innovation. It is found that: (i) moving from monopoly to duopoly does increase the technology level set by firms … in the software industry; (ii) a duopoly adjusts more readily to global technological progress than a monopolist …