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Nachfrageunsicherheit und Risikopolitik im Duopol
Broll, Udo; Pelster, Matthias; Wahl, Jack E. - Fakultät Wirtschaftswissenschaften, Technische … - 2012
Die vorliegende Arbeit untersucht ein Duopol bei unsicherer Nachfrage unter Risikoaversion. Die Produktion der gesamten …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/10010984384
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How do Markets Manage Water Resources? An Experiment
García-Gallego, Aurora; Georgantzís, Nikolaos; … - In: Environmental & Resource Economics 53 (2012) 1, pp. 1-23
We experimentally test how a private monopoly, a duopoly and a public utility allocate water of differing qualities to … duopoly and private monopoly. On the positive aspects of centralized public management, we find that the average quality to … price ratio offered by the public monopoly is substantially higher than that offered by the private monopoly or duopoly …
Persistent link: https://www.econbiz.de/10010987513
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Duopolists’ Retail Pricing Behavior in Multiple Markets
Witte, Mark; Williams, Rachel - In: Journal of Industry, Competition and Trade 14 (2014) 1, pp. 67-81
duopoly industry. Comic books, uniquely, display their retail prices in multiple countries on their cover giving us detailed …
Persistent link: https://www.econbiz.de/10010988945
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Collusion in Spatially Separated Markets with Quantity Competition
Andree, Kai - In: Journal of Industry, Competition and Trade 13 (2013) 3, pp. 309-318
This paper develops the incentives to collude in a model with spatially separated markets and quantity setting firms. We find that increases in transportation costs stabilize the collusive agreement. We also show that, the higher the demand in both markets the less likely will collusion be...
Persistent link: https://www.econbiz.de/10010988950
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Open Source Software: Competition with A Public Good
Atal, Vidya; Shankar, Kameshwari - In: Atlantic Economic Journal 42 (2014) 3, pp. 333-345
This paper looks at price and quality competition in software markets under two different forms of competition—one where two proprietary firms first choose quality and then engage in price competition, and second where a proprietary firm faces competition from an open source software (OSS)...
Persistent link: https://www.econbiz.de/10010989098
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Possible Inefficiencies in a Duopoly Trading Emission Permits
Fershtman, Chaim; de Zeeuw, Aart - In: Strategic Behavior and the Environment 3 (2013) 4, pp. 279-303
We consider a duopolistic industry in which pollution is a by-product of production and firms are given emission permits that they can trade. The common wisdom is that allowing for trade in emission permits promotes efficiency. We demonstrate that this common wisdom cannot automatically be...
Persistent link: https://www.econbiz.de/10010990804
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A Hotelling model of spatial competition with local production
Heikkinen, T. - In: Letters in Spatial and Resource Sciences 7 (2014) 2, pp. 103-120
energy production. This paper extends the classical Hotelling duopoly model of spatial competition to allowing for local …
Persistent link: https://www.econbiz.de/10010995264
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Competitive Investment in Clean Technology and Uninformed Green Consumers
Sengupta, Aditi - Department of Economics, Auburn University - 2012
In a market where consumers are not fully informed about the actual production technology or environmental performance of firms that engage in strategic competition, I study the effect of environmental consciousness of consumers on the incentive to invest in cleaner technology. Firms compete in...
Persistent link: https://www.econbiz.de/10010862317
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Incentive to Reduce Cost under Incomplete Information
Sengupta, Aditi - Department of Economics, Auburn University - 2013
I examine how ex ante symmetric firms that compete in prices strategically decide to invest in research and development of cost-reducing technology when the rival firm and the consumers are not aware of the actual outcome of the investment. I also compare the strategic incentive to invest and...
Persistent link: https://www.econbiz.de/10010862318
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Endogenous Timing in Strategic Environmental Policymaking
Hattori, Keisuke; Kitamura, Takahiro - In: Environmental & Resource Economics 55 (2013) 2, pp. 199-215
In this paper, we endogenize the timing of policymaking in a simple two-country model of strategic environmental policy. We consider a timing game in which two policymakers non-cooperatively decide their preferred sequence of moves before setting emission tax rates. We show that whether the...
Persistent link: https://www.econbiz.de/10010862813