Narrow search
Showing 1 - 10 of 960
Cover Image
The Effects of Entry in Bilateral Oligopoly
Dickson, Alex - In: Games 4 (2013) 3, pp. 283-303
The purpose of this paper is to study the effects of entry into the market for a single commodity in which both sellers …’ payoffs may increase. The conditions under which entry by new sellers raises the equilibrium payoffs of existing sellers are … sellers, and encompass entirely standard economic environments. Similar results are derived relating to the entry of …
Persistent link: https://www.econbiz.de/10010670656
Cover Image
The effects of entry in thin markets
Dickson, Alex - Scottish Institute for Research in Economics (SIRE) - 2010
We consider entry of additional firms into the market for a single commodity in which both sellers and buyers are … competition, contrary to the conventional wisdom. We characterize the conditions under which entry by new sellers may raise the …
Persistent link: https://www.econbiz.de/10010553635
Cover Image
The effects of Entry in thin markets
Dickson, Alex - Economics Department, University of Strathclyde - 2010
We consider entry of additional firms into the market for a single commodity in which both sellers and buyers are … competition, contrary to the conventional wisdom. We characterize the conditions under which entry by new sellers may raise the …
Persistent link: https://www.econbiz.de/10008606480
Cover Image
On Cobb-Douglas Preferences in Bilateral Oligopoly
Dickson, Alex - In: Recherches économiques de Louvain 79 (2013) 4, pp. 89-110
Bilateral oligopoly is a simple model of exchange in which a finite set of sellers seek to exchange the goods they are endowed with for money with a finite set of buyers, and no price-taking assumptions are imposed. If trade takes place via a strategic market game bilateral oligopoly can be...
Persistent link: https://www.econbiz.de/10011187375
Cover Image
On Cobb-Douglas Preferences in Bilateral Oligopoly
Dickson, Alex - Scottish Institute for Research in Economics (SIRE) - 2013
Bilateral oligopoly is a simple model of exchange in which a finite set of sellers seek to exchange the goods they are endowed with for money with a finite set of buyers, and no price-taking assumptions are imposed. If trade takes place via a strategic market game bilateral oligopoly can be...
Persistent link: https://www.econbiz.de/10011075698
Cover Image
Successive Oligopolies in a Pure Exchange Economy
Lahiri, Somdeb - In: Journal of Reviews on Global Economics 1 (2012), pp. 150-156
In this paper we assume a market structure in which there are whole-sellers, retailers and consumers. The product sold to the consumers is initially endowed with the whole-sellers. The whole-sellers value both the product and money. The retailers are not endowed with anything at all. The...
Persistent link: https://www.econbiz.de/10010667374
Cover Image
Aggregate comparative statics
Acemoglu, Daron; Jensen, Martin Kaae - In: Games and Economic Behavior 81 (2013) C, pp. 27-49
In aggregative games, each playerʼs payoff depends on her own actions and an aggregate of the actions of all the players. Many common games in industrial organization, political economy, public economics, and macroeconomics can be cast as aggregative games. This paper provides a general and...
Persistent link: https://www.econbiz.de/10011049861
Cover Image
Aggregative Oligopoly Games with Entry
Anderson, Simon P.; Erkal, Nisvan - Department of Economics, Faculty of Business and Economics - 2009
We use cumulative reaction functions to compare long-run market structures in aggregative oligopoly games. We fi?rst compile an IO toolkit for aggregative games. We show strong neutrality properties across market structures. The aggregator stays the same, despite changes in the number of ?rooms...
Persistent link: https://www.econbiz.de/10010903423
Cover Image
Existence of free entry equilibrium in aggregative games with asymmetric agents
Okumura, Yasunori - In: Economics Letters 127 (2015) C, pp. 14-16
In this paper, we examine a free entry aggregative game where agents can be asymmetric. We show the existence of a pure …
Persistent link: https://www.econbiz.de/10011189517
Cover Image
Aggregate Oligopoly Games with Entry
Anderson, Simon P; Erkal, Nisvan; Piccinin, Daniel - C.E.P.R. Discussion Papers - 2013
We use cumulative reaction functions to compare long-run market structures in aggregative oligopoly games. We first compile an IO toolkit for aggregative games. We show strong neutrality properties across market structures. The aggregator stays the same, despite changes in the number of firms...
Persistent link: https://www.econbiz.de/10011083659