Showing 1 - 10 of 3,548
We revisit the classic discussion of the endogenous choice of a price or a quantity contract, but in a mixed duopoly …
Persistent link: https://www.econbiz.de/10010597207
between Bertrand and Cournot competition are compared. We find that licensing raises domestic welfare, and domestic welfare is … higher in Bertrand than in Cournot competition regardless of whether or not domestic firms engage in licensing. Non …This paper develops a duopoly model of vertical product differentiation where two domestic firms incur variable costs …
Persistent link: https://www.econbiz.de/10010729825
In this not we show that the results developed in Singh and Vives (1984) are sensitive to the duopoly assumtion (Rand …
Persistent link: https://www.econbiz.de/10005645490
We characterize the endogenous competition structure (in prices or quantities) in a differentiated duopoly between a … for which they compete can be domestic or integrated: in the first case Bertrand competition emerges endogenously and in … the second case Cournot competition can emerge if the fraction of domestic consumers in the integrated market is low …
Persistent link: https://www.econbiz.de/10011118165
In his book on 'Market Microstructure' Spulber presented some strange results with respect to the impact of the substitutability parameter in an intermediation model with differentiated products and inputs. Intuitively, effects in the product and the input market should be similar: if firms...
Persistent link: https://www.econbiz.de/10009003560
from the Cournot-Bertrand dispute and the stream of research it gave birth to, this survey shows that we are far from … price? A full-fledged theory of oligopolistic competition should be able to embrace these three dimensions jointly. Starting … having such a theory at our disposal today. Many papers cover two dimensions out of three and display insightful results but …
Persistent link: https://www.econbiz.de/10011228290
This study attempts to identify firm characteristics that are important in determining whether or not a specific firm has strong incentives for non-compliance with environmental laws. In particular, we analyze how these incentives are related to the size of the cost reductions associated with...
Persistent link: https://www.econbiz.de/10010571370
from both Cournot and Bertrand competition. …The possibility of forward trading has been shown to restore social efficiency in Cournot oligopolies if marginal costs …
Persistent link: https://www.econbiz.de/10011041667
, theory even predicts that strategic interaction forces firms to set the market clearing price. For society, this would be … oligopoly as a linear public good. …
Persistent link: https://www.econbiz.de/10008633209
and price-setting (Bertrand) firms. Both taxes may be passed on to consumers by more than 100 percent, and an increase in …, the analysis largely corroborates Cournot results with homogeneous demand. …
Persistent link: https://www.econbiz.de/10005802022