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Summary This essay deals with the contribution of Seitz and Stackelberg on oligopoly. Stackelberg’s theory on price … of the sixties on oligopoly theory between Krelle, Ott, Heertje, Helmstädter und Seitz. He looks back from a game …. Stackelbergs Theorie der Preisführerschaft hat Seitz in seiner Dissertation aus dem Jahre 1965 aufgenommen. Der Autor gibt eine …
Persistent link: https://www.econbiz.de/10014608721
Summary This paper is about conscious parallelism in a duopoly with differentiated products. Conscious parallelism is modelled by a “policy of fixed relative prices” (frp) i. e. starting from a competitive equilibrium both duopolists vary prices by the same percentage. This price increasing...
Persistent link: https://www.econbiz.de/10014608876
Zusammenfassung Der Preisanpassungsprozess im Oligopol wird untersucht. Unter recht allgemeinen Voraussetzungen an die …Summary The well-known oligopoly price problem is considered. Under rather general assumptions concerning the (linear …
Persistent link: https://www.econbiz.de/10014608947
Abstract This paper provides an explanation for noisy pricing based on the strategic interaction of two firms competing in prices. When a firm adds noise to its prices, undercutting it becomes harder. Therefore, noisy pricing allows a firm to either exclude a competitor while charging...
Persistent link: https://www.econbiz.de/10014589012
We study a model with product differentiation by manufacturers and spatial differentiation by supermarkets where the customers visit only one shop and the supermarkets carry both goods. Under fixed fee pricing by the manufacturers the intensity of interbrand competition increases with the degree...
Persistent link: https://www.econbiz.de/10014589046
Product differentiation is well established as being the key source of the cereal industry’s high price-cost margins. However, there is little consensus as to whether pricing collusion is also a source of profitability, and indeed, whether price even serves as a strategic variable in this...
Persistent link: https://www.econbiz.de/10014601260
Strategic trade theory offers a way of conceptualizing and testing for strategic government interventions in … agricultural markets. One finding is that while many international markets are characterized by oligopoly, price-cost markups tend …
Persistent link: https://www.econbiz.de/10014601285
sensitivity of wages to the variability in productivity conditions in a unionised oligopoly framework. The model distinguishes …
Persistent link: https://www.econbiz.de/10014609260
the characteristics of cartels predicted by economic theory, the instructor shows a movie of the "secret" meetings of the …) takes up the rest of the time. The lecture can be reduced to an hour by skipping the game theory section and going lightly …
Persistent link: https://www.econbiz.de/10014613572
oligopoly power. The model is capable of depicting all forms of market power ranging from perfect competition to pure monopoly …
Persistent link: https://www.econbiz.de/10014613580