Showing 1 - 9 of 9
This paper is about a model of Bertrand competition in a homogeneous-good market with free entry of identical firms and … is equal to that optimum number, then Bertrand equilibrium exists for that optimum number, and it does not exist if the … number of active firms is less than the optimum. The model, however, does not rule out the existence of Bertrand equilibria …
Persistent link: https://www.econbiz.de/10009959114
elicited from multi-unit Vickrey auctions. Comparing bids from an “endow and upgrade” approach with the “full bidding” approach … than the number of remaining endowed units. -- endowment effect ; multi-unit Vickrey auctions ; number of units of the …
Persistent link: https://www.econbiz.de/10010097673
We study cartel stability in a differentiated price-setting duopoly with returns to scale. We show that a cartel may be equally stable in the presence of lower differentiation, provided that the decreasing returns parameter is high. In addition we demonstrate that for a given factor of discount,...
Persistent link: https://www.econbiz.de/10009959088
In this article we develop a microeconomic framework to study the relationships among privatization, competition for deposits and performance in banking. Particularly, we analyze banking privatization when competitive strategies of the Cournot and Stackelberg types are allowed. Our findings show...
Persistent link: https://www.econbiz.de/10009959107
Einkaufen in Internet, die Nutzung von sozialen Netzen oder Online- Banking gehören zum Alltag der Verbraucher in Deutschland. Das Thema Privatsphäre und Datenmissbrauch ist deshalb nahezu täglich in den Medien. Da ist es erstaunlich, dass fundiertes wissenschaftliches Wissen, wie Verbraucher...
Persistent link: https://www.econbiz.de/10010079360
The aim of this paper is to complement the existing literature on horizontal mergers, by setting a Cournot mixed oligopoly model. Specifically, the merger paradox is qualified by proving that a merger could be profitable for the merging firms even if it does not include most market firms....
Persistent link: https://www.econbiz.de/10009959077
This paper analyzes wage negotiation between firms and unions when crossparticipation exists at ownership level. We consider two shareholders and two firms: one firm is jointly owned by the two shareholders and the other is owned by a single shareholder. Labor is unionized and the firms produce...
Persistent link: https://www.econbiz.de/10009959109
Preisgarantien im Einzelhandel scheinen auf den ersten Blick Ergebnis eines intensiven Wettbewerbs zu sein. Theoretische Analysen und empirische Studien zeigen jedoch, dass dies in der Regel nicht der Fall ist. Preisgarantien und hier vor allem Garantien, bei denen mehr als die Differenz zu...
Persistent link: https://www.econbiz.de/10010079385
Taking as a reference a model in which there are a public firm, a national private firm and a foreign private one, it is analyzed both mergers sustainability and their relative effects on welfare. It is proved that the merger between the public firm and either the national or the international...
Persistent link: https://www.econbiz.de/10010049047