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Endogenous shifts in OPEC market power : a Stackelberg oligopoly with fringe
Huppmann, Daniel - 2013
This article proposes a two-stage oligopoly model for the crude oil market. In a game of several Stackelberg leaders …, market power increases endogenously as the spare capacity of the competitive fringe goes down. This effect is due to the … specific cost function characteristics of extractive industries. The model captures the increase of OPEC market power before …
Persistent link: https://www.econbiz.de/10009771871
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Endogenous Shifts in OPEC Market Power : A Stackelberg Oligopoly with Fringe
Huppmann, Daniel - 2013
This article proposes a two-stage oligopoly model for the crude oil market. In a game of several Stackelberg leaders …, market power increases endogenously as the spare capacity of the competitive fringe goes down. This effect is due to the … specific cost function characteristics of extractive industries. The model captures the increase of OPEC market power before …
Persistent link: https://www.econbiz.de/10014155120
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Revealed preference tests of the Cournot model
Carvajal, Andrés; Deb, Rahul; Fenske, James; Quah, … - In: Econometrica : journal of the Econometric Society, an … 81 (2013) 6, pp. 2351-2379
Persistent link: https://www.econbiz.de/10010237407
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Endogenous shifts in OPEC market power : a Stackelberg oligopoly with fringe ; conference paper
Huppmann, Daniel - 2013
This article proposes a two-stage oligopoly model for the crude oil market. In a game of several Stackelberg leaders …, market power increases endogenously as the spare capacity of the competitive fringe goes down. This effect is due to the … specific cost function characteristics of extractive industries. The model captures the increase of OPEC market power before …
Persistent link: https://www.econbiz.de/10010342832
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On quota violations of OPEC members
Ghoddusi, Hamed; Nili, Masoud; Rastad, Mahdi - In: Energy economics 68 (2017), pp. 410-422
Persistent link: https://www.econbiz.de/10011905997
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Capacity-constrained supply function equilibria : competition and entry in the electricity spot market
Newbery, David M. G. - 1992
Persistent link: https://www.econbiz.de/10000137143
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Advance sales and deterrence with heterogeneous firms
Thille, Henry; Mitraille, Sébastien - 2022
Persistent link: https://www.econbiz.de/10012819973
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Optimal collusion with limited liability
Billette de Villemeur, Étienne; Flochel, Laurent; … - In: International journal of economic theory 9 (2013) 3, pp. 203-227
Persistent link: https://www.econbiz.de/10009792519
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On the optimal number of firms in the commons : Cournot vs Bertrand
Dragone, Davide; Lambertini, Luca; Palestini, Arsen; … - In: Mathematical economics letters 1 (2013) 1, pp. 25-34
Persistent link: https://www.econbiz.de/10010203596
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Comparison of Bertrand and Cournot competitions under random yield
Yan, Xiaoming; Wang, Yong; Hong, Zhaofu - In: International journal of production research 54 (2016) 11/12, pp. 3256-3276
Persistent link: https://www.econbiz.de/10011497131