Showing 1 - 10 of 11,112
, a two stage spatial model of Bertrand price competition is specified, with an endogenously determined rule for sharing …
Persistent link: https://www.econbiz.de/10014145136
We study the incentives of oligoplistic firms to share private information on demand parameters. Differently from previous studies, we consider bilateral sharing agreements, by which firms commit at the ex-ante stage to truthfully share information. We show that if signals are i.i.d., then...
Persistent link: https://www.econbiz.de/10009731783
literature. The absence of incentives to share information on a common market demand prior to competition has been advocated to …
Persistent link: https://www.econbiz.de/10013171765
) Competition increases the chances of using crowdfunding compared to the monopoly case; (5) A non-monotonic relationship exists …
Persistent link: https://www.econbiz.de/10012174171
Consumers heterogeneously possess limited price information: captive consumers may know only one price from a seller, while informed consumers know several prices. We study a homogeneous-good oligopoly where sellers of heterogeneous costs compete on price for heterogeneously limit-informed...
Persistent link: https://www.econbiz.de/10014255371
We study the incentives of oligoplistic firms to share private information on demand parameters. Differently from previous studies, we consider bilateral sharing agreements, by which firms commit at the ex-ante stage to truthfully share information. We show that if signals are i.i.d., then...
Persistent link: https://www.econbiz.de/10010293393
Using the coefficient of cooperation, we analyse the effect of cost asymmetries on collusive agreements when firms are able to coordinate on distinct output levels than the unrestricted joint profit maximization outcome. In this context, we first investigate the extent to which collusive...
Persistent link: https://www.econbiz.de/10013243009
Using the coefficient of cooperation, we analyse the effect of cost asymmetries on collusive agreements when firms are able to coordinate on distinct output levels than the unrestricted joint profit maximization outcome. In this context, we first investigate the extent to which collusive...
Persistent link: https://www.econbiz.de/10011982484
We show that competing firms relax overall competition by lowering future barriers to entry. We illustrate our findings …-period profits. This dampens competition for serving the first-period market. …
Persistent link: https://www.econbiz.de/10011541031
acquisition. We find that with quantity competition a spillover makes acquisitions less attractive, while with price competition …
Persistent link: https://www.econbiz.de/10010440961