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Schinkel, Maarten Pieter; Tuinstra, Jan - 2005

Competition policy is a subject of heated debate. Antitrust authorities, seeking to battle anticompetitive behavior in … such imperfect antitrust enforcement on firms' strategies are considered. It is found that the incidence of anti … likely it is that authorities are over-zealous - in the sense that welfare is better served by an antitrust authority that is …

Persistent link: https://www.econbiz.de/10014094885

Imminent entry and the transition to multimarket rivalry in a laboratory setting

Mason, Charles F.; Phillips, Owen R. - 2016

In this paper we study the behavior of rivals when there is a known probability of imminent entry. Experimental markets are used to collect data on pre- and post-entry production when there is an announced time of possible entry; some markets experience entry and other do not. In all pre-entry...

Persistent link: https://www.econbiz.de/10011451143

Interpreting and Enforcing the Voluntary FRAND Commitment

Brooks, Roger G. - 2013

Persistent link: https://www.econbiz.de/10013094475

Behavioral research and empirical modeling of marketing channels : Implications for both fields and a call for future research

Meyer, Robert J. - 2020

Game-theoretic models of marketing channels typically rely on simplifying assumptions that, from a behavioral perspective, often appear naïve. However, behavioral researchers have produced such an abundance of behavioral regularities that they are impossible to incorporate into game-theoretic...

Persistent link: https://www.econbiz.de/10012857645

Strategic formation of coalitions

Ma, Jinpeng - 1998 - This version March 10, 1998

Consider a society with a finite number of individuals. A coalition structure is a partition of the set of individuals. Each individual has personal preferences over the set of all coalition structures. We study the strategy proof core and von Neumann and Morgenstern (vN&M) solutions. A roommate...

Persistent link: https://www.econbiz.de/10011577015

Experiments in Competitive Product Positioning : Actual Behavior Compared to Nash Solutions

Albers, Sönke; Marks, Ulf G. - 2002

Almost all results on competitive product positioning derived in the literature so far are based on the hypothesis that static Nash equilibria of profit-maximizing competitors are accurate predictors of final market configurations. If the positioning behavior of firms differs from this...

Persistent link: https://www.econbiz.de/10014034113

Strategic Freedom, Constraint, and Symmetry in One-Period Markets with Cash and Credit Payment

Shubik, Martin; Smith, Eric - 2003

In order to explain in a systematic way why certain combinations of market, financial, and legal structures may be intrinsic to certain capabilities to exchange real goods, we introduce criteria for abstracting the qualitative functions of markets. The criteria involve the number of strategic...

Persistent link: https://www.econbiz.de/10014082962

Structure, Clearinghouses and Symmetry

Shubik, Martin; Smith, Eric - 2003

We introduce and justify a taxonomy for the structure of markets and minimal institutions which appear in constructing minimally complex trading structures to perform the functions of price formation, settlement and payments. Each structure is presented as a playable strategic market game and is...

Persistent link: https://www.econbiz.de/10014082965

Hybrid Games in Strategy Analysis : Bargaining in the Shadow of Competition

Henkel, Joachim - 2020

n the analysis of value capture, it is central to understand what value each group of players can capture when leaving the negotiation table. Frequently, this will entail engaging in competition, i.e., non-negotiated, strategic interactions with the other players. For instance, if merger talks...

Persistent link: https://www.econbiz.de/10012826906

Bargaining with Informational Externalities in a Market Equilibrium

Drugov, Mikhail - 2013

This paper studies a dynamic bargaining model with informational externalities between bargaining pairs. Two principals …

Persistent link: https://www.econbiz.de/10013094968

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