Showing 1 - 10 of 4,510
Persistent link: https://www.econbiz.de/10010839987
This paper considers optimal investment behaviour when investment options evolve deterministically or stochastically … over time and investments are irreversible and indivisible. It extends the standard investment-under-uncertainty set …-up with a single investment option to the case of repeated options. Analytical solutions are derived for the deterministic …
Persistent link: https://www.econbiz.de/10005787488
We study the strategic disclosure of demand information and product-market strategies of duopolists. In a setting where firms may fail to receive information, we show that firms selectively disclose information in equilibrium in order to influence their competitor's product-market strategy....
Persistent link: https://www.econbiz.de/10010905833
This paper considers the spatial model used by Anderson and Neven (1991) to study firms' decisions on locations without restricting the consumers' reservation price. We note that the pattern of locations varies as the reservation price for a fixed transportation rate decreases. For a high enough...
Persistent link: https://www.econbiz.de/10005371324
market where buyers only observe the average quality supplied. The model is a generalization of the standard Cournot duopoly …
Persistent link: https://www.econbiz.de/10005649387
We consider duopoly models where firms make decisions on capacity, production, and price under demand uncertainty … cost functions, we characterize the equilibrium for a symmetric duopoly and establish the strategic equivalence of price … firm to increase investment in capacity and earn a higher profit while benefiting customers by keeping the price in a …
Persistent link: https://www.econbiz.de/10009191465
In this survey, I look into experimental studies on duopolistic quantity competition with homogeneous products and duopolistic price competition with heterogeneous products. The focus is on the sequence of competition. That is, I summarize and analyze experimental studies checking Cournot...
Persistent link: https://www.econbiz.de/10008560134
We study the strategic disclosure of demand information and product-market strategies of duopolists. In a setting where firms may fail to receive information, we show that firms selectively disclose information in equilibrium in order to influence their competitor’s product-market strategy....
Persistent link: https://www.econbiz.de/10010892064
investment. …
Persistent link: https://www.econbiz.de/10005453954
discourage such investment. Even though consumers are uninformed, competition has a positive effect (relative to monopoly) on the …
Persistent link: https://www.econbiz.de/10010862317