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as suggested in consumer research. On this basis, we investigate monopoly and competition between firms, described via an …. -- Bounded rationality ; social learning ; population game ; differential game ; product life cycle ; monopoly ; competition …
Persistent link: https://www.econbiz.de/10003850650
Economic theory on the subject of barriers to entry focuses almost exclusively on firms seeking to preserve market power and economic profits. In this paper, we propose that, under certain circumstances, firms may instead choose to reduce barriers to entry as a profit-maximizing mechanism. We...
Persistent link: https://www.econbiz.de/10012968455
information disclosure relax competition and may reduce aggregate surplus. We provide several applications, including labor …
Persistent link: https://www.econbiz.de/10012852893
damages differentiation, similar to the classic finding that behavior-based price discrimination intensifies price competition …
Persistent link: https://www.econbiz.de/10012756952
Background: This paper develops a game theoretic model that analyses the dynamics of competition among the leading …
Persistent link: https://www.econbiz.de/10012308330
In the seventies and eighties, the theory of exhaustible natural resources developed a branch, which was called the cartel-versus-fringe model, to characterize markets with one large coherent cartel and a big number of small suppliers named the fringe. It was considered appropriate to use the...
Persistent link: https://www.econbiz.de/10014198015
The objective of the paper is to elaborate a simulation model to analyze inter- and intra-modal competition in the … effect of a kerosene tax. Hence our framework could serve as a tool to measure the effectiveness of competition on a relevant … market or to design marketing strategies. More generally it can be applied in cases of oligopolistic competition when …
Persistent link: https://www.econbiz.de/10014067889
changes in the fractions of the consumer types, competition in both periods differs. Firms anticipate that their location … choice in uences price competition in both periods and therefore maximize their lifetime profit. Although we cannot give …
Persistent link: https://www.econbiz.de/10014082029
probability. -- Risk aversion ; competitiveness ; gender ; culture ; mixed-sex competition …
Persistent link: https://www.econbiz.de/10003941764
Persistent link: https://www.econbiz.de/10008937882