Showing 1 - 10 of 4,909
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 the proposed model, the independent system operator (ISO) provides the opportunity for maintenance outage rescheduling of generating units before each short-term (ST) time interval. Long-term (LT) scheduling for 1 or 2years in advance is essential for the ISO and the generation companies...
Persistent link: https://www.econbiz.de/10010593991
This paper examines the rationale for multilateral agreements to limit investment subsidies. The welfare ranking of symmetric multilateral subsidy games is shown to depend on whether or not investment levels are "friendly", raising rival profits in total, and/or strategic complements, raising...
Persistent link: https://www.econbiz.de/10005662067
A model of location choice by Cournot oligopolists is presented, under the assumption that R&D spillovers depend on the distance between firms. We show that a variety of patterns emerge. Agglomeration is optimal under certain assumptions. Geographical dispersion in a two-dimensional plane is...
Persistent link: https://www.econbiz.de/10005100573
This paper examines the rationale for multilateral agreements to limit investment subsidies. The welfare ranking of symmetric multilateral subsidy games is shown to depend on whether or not investment levels are friendly, raising rival profits in total, and/or strategic complements, raising...
Persistent link: https://www.econbiz.de/10005047776
Persistent link: https://www.econbiz.de/10005029199
The assumption that agents engage in maximizing behavior, while ubiquitous in economic theory, differs from the assumption that agents are willing to rely on the maximizing behavior of others. This paper offers an empirical examination of this distinction using experimental methods. Utilizing a...
Persistent link: https://www.econbiz.de/10009204072
This paper will be focused on two issues. Firstly, entrepreneurial innovative behaviour will be explained and, investigating the corresponding literature, it will also be concluded that innovation can reasonably be explained by patent behaviour. Secondly, because of the essential role of R&D...
Persistent link: https://www.econbiz.de/10005824239
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
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