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This paper uses a three-country duopoly model to examine the effects of lowered trade barriers when a new entrant joins …
Persistent link: https://www.econbiz.de/10009390589
playing a relatively large oligopoly game. The author constructs a playoff matrix and discusses various strategies and …
Persistent link: https://www.econbiz.de/10005600551
In this paper we analyzed the main aspects of oligopoly, in the case of n firms. The analysis has made, as a rule, for … presented: the Stackelberg model, the case of more production leaders, the price leader, the Cournot equilibrium for duopoly …, the Cournot equilibrium for oligopoly or in the case of perfect competition and cartels. We also treat the problems above …
Persistent link: https://www.econbiz.de/10010614606
In a quantity-competition oligopoly, previous studies have shown that a price-taking firm can outperform any rival with … this seemingly counter-intuitive fact in a heterogeneous duopoly consisting of an adaptive price-taker and a dynamic …
Persistent link: https://www.econbiz.de/10010573074
Although Cournot’s mathematical economics was generally neglected until the mid- 1870s, he was taken up and carefully studied by the Scientific Club of Cambridge, Massachusetts even before his “discovery” by Walras and Jevons. The episode is reconstructed from fragmentary manuscripts of...
Persistent link: https://www.econbiz.de/10010703435
In the article, a model of oligopolistic (duopolistic) competition between two people smuggling syndicates is developed. I consider the Cournot and Stackelberg cases. First, the deterministic case is considered, where I show the conditions of profit maximisation for the syndicates. Then, a model...
Persistent link: https://www.econbiz.de/10009151132
markets, the Nash-Bertrand duopoly price equals the competitive price and the Nash-Cournot price contains a markup. …
Persistent link: https://www.econbiz.de/10011131092
A simple Ising spin model which can describe the mechanism of advertising in a duopoly market is proposed. In contrast …
Persistent link: https://www.econbiz.de/10011060519
A simple Ising spin model which can describe the mechanism of advertising in a duopoly market is proposed. In contrast …
Persistent link: https://www.econbiz.de/10005556888
We evaluate the impact of technological externalities on the location choices of duopolistic firms in a Weber triangle …
Persistent link: https://www.econbiz.de/10004964339