Showing 1 - 10 of 13,063
I review previous approaches to modelling oligopoly in general equilibrium, and propose a new view which in principle …) are more convenient. To illustrate their usefulness, I construct a simple closed-economy model of oligopoly in general …
Persistent link: https://www.econbiz.de/10010293767
This paper examines how time to build alters strategic investment behaviour under oligopoly. Facing demand uncertainty …
Persistent link: https://www.econbiz.de/10010293784
With outsourcing comes a perceived tension between the competitive pressures faced by domestic firms and the effect that outsourcing has on domestic workers. To address this tension, we present a general-equilibrium model with an oligopolistic export sector and a competitive import-competing...
Persistent link: https://www.econbiz.de/10010267667
We study the problem of information sharing in oligopoly, when sharing decisions are taken before the realization of …
Persistent link: https://www.econbiz.de/10010293423
Water markets with market power are analysed as multi-market Cournot competition in which the river structure constrains access to local markets and limited resources impose capacity constraints. Conditions for uniqueness are identified. Lerner indices are larger under binding resource...
Persistent link: https://www.econbiz.de/10010326027
We show that equilibrium involuntary unemployment emerges in a multi-stage game model where all market power resides with firms, on both the labour and the output market. Firms decide wages, employment, output and prices, and under constant returns there exists a continuum of subgame perfect...
Persistent link: https://www.econbiz.de/10010291913
addressed in perfectly or monopolistically competitive models. Drawing on recent work, a model of oligopoly in general …
Persistent link: https://www.econbiz.de/10010293764
-merger situation as a Cournot oligopoly wherein the outsiders face uncertainty about the merged entity's final cost. At the Bayesian …
Persistent link: https://www.econbiz.de/10011324950
This paper investigates the structure of bilateral oligopolies - a simple version of Shapley Shubik games with two types of traders and two commodities. It shows that interior equilibria exist, studies the example of CES utility functions to uncover the relation between the complementarity of...
Persistent link: https://www.econbiz.de/10011608523
This paper evaluates a large urban public works program randomly rolled out across neighborhoods of Addis Ababa, Ethiopia. We find that the program increased public employment and reduced private labor supply among beneficiaries and improved local amenities in treated locations. We then combine...
Persistent link: https://www.econbiz.de/10014480361