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We investigate a linear state dfferential game describing an asymmetric Cournot duopoly with capacity accumulation à la Ramsey and a negative environmental externality (pollution), in which one of the firms has adopted corporate social responsibility (CSR) in its statute, and therefore includes...
Persistent link: https://www.econbiz.de/10011729939
We revisit the debate on the optimal number of firms in the commons in a differential oligopoly game in which firms are either quantity-or price-setting agents. Production exploits a natural resource and involves a negative externality. We calculate the number of firms maximising industry...
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We investigate a linear state dfferential game describing an asymmetric Cournot duopoly with capacity accumulation à la Ramsey and a negative environmental externality (pollution), in which one of the firms has adopted corporate social responsibility (CSR) in its statute, and therefore includes...
Persistent link: https://www.econbiz.de/10013048139
We modify the price-setting version of the vertically differentiated duopoly model by Aoki (2003) by introducing an extended game in which firms non-cooperatively choose the timing of moves at the quality stage. Our results show that there are multiple equilibria in pure strategies, in which...
Persistent link: https://www.econbiz.de/10013037126
We revisit the debate on the optimal number of firms in the commons in a differential oligopoly game in which firms are either quantity- or price-setting agents. Production exploits a natural resource and involves a negative externality. We calculate the number of firms maximizing industry...
Persistent link: https://www.econbiz.de/10014162788
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