Showing 1 - 10 of 3,343
We study the strategic disclosure of demand information and product-market strategies of duopolists. In a setting where both firms receive information with some probability, we show that firms selectively disclose information in equilibrium in order to influence their competitorś product-market...
Persistent link: https://www.econbiz.de/10011301237
An innovative firm chooses strategically whether to patent its process innovation or rely on secrecy. By doing so, the firm manages its rival’s beliefs about the size of the innovation, and affects the incentives in the product market. Different measures of competitive pressure in the product...
Persistent link: https://www.econbiz.de/10014046635
We compare an n-firm Cournot model with a Stackelberg model, where n-firms choose outputs sequentially, in a stochastic demand environment with private information. The expected total output, consumer surplus, and total surplus are lower, while expected price and total profits are higher in...
Persistent link: https://www.econbiz.de/10014113171
With this research we examine whether observing firm-specific production levels leads to a less competitive market outcome. We consider an endogenous information setting where firms can freely decide whether they want to share information about their past production levels. By voluntarily...
Persistent link: https://www.econbiz.de/10010530643
for three specific linear quadratic games - Cournot oligopoly, Keynes' beauty contest and Public good provision - in which …
Persistent link: https://www.econbiz.de/10009756291
Persistent link: https://www.econbiz.de/10010385629
the example of a Cournot duopoly with asymmetric cost, we investigate experimentally how players cooperate (collude …
Persistent link: https://www.econbiz.de/10011929323
Persistent link: https://www.econbiz.de/10011548869
the example of a Cournot duopoly with asymmetric cost, we investigate experimentally how players cooperate (collude …
Persistent link: https://www.econbiz.de/10011802796
Persistent link: https://www.econbiz.de/10012237699