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homogeneous and heterogeneous product, Cournot, Tullock competition) the Nash-2 equilibrium sets are obtained and considered as … tacit collusion or strong competition in dependence of additional security considerations …
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This is a copy of my PhD thesis. The five other retail petroleum papers on this site are all derived from this work, which provides more background than is in any of these five papers.A more detailed abstract is available in the overview of thesis
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Frontmatter -- PREFACE -- CONTENTS -- TABLES -- CHARTS -- FIGURES -- INTRODUCTION -- I. COSTS OF OPERATION OF CRUDE OIL TRUNK LINES -- II. PETROLEUM INDUSTRY STRUCTURE -- III. THE CONTROVERSY OVER CRUDE OIL PIPE LINES -- IV. PUBLIC POLICY TOWARD CRUDE OIL PIPE LINES -- BIBLIOGRAPHY OF BOOKS AND...
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We study competition in markets with significant transport costs and capacity constraints. We compare the cases of … price competition and coordination in a theoretical model and find that when firms compete, they more often serve more … on average significantly lower in cartel years than in non-cartel years. …
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