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A model of cross-border tourism competition
Chen, Kaifan; Kuroda, Tatsuaki - 2015 - Preliminary version
competition among counties. The present paper highlights the situation in which the citizens of two countries have the opportunity …
Persistent link: https://www.econbiz.de/10011482449
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Market structure and performance
Ellickson, Paul B. - 2013
What determines structure and profitability across markets for goods and services? Understanding the relationship between market structure and performance is critical for determining effective economic policy governing anti-trust, intellectual property, industry regulation, and international...
Persistent link: https://www.econbiz.de/10010250677
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Sequential vs. Simultaneous Quality Choices with Bertrand and Cournot Competition
Aoki, Reiko - 1997
depends on the type of competition (Bertrand or Cournot) in the sale stage. If the product market is characterized by Bertrand … competition (price setting), then lower qualities will be chosen under sequential quality choice than under simultaneous quality … choice. Although qualities may be strategic complements or substitutes, depending on the type of product market competition …
Persistent link: https://www.econbiz.de/10014083128
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Rational Choice and Freudian Accounts of Cooperation
Friedman, Debra; Weingast, Barry R. - 2015
In this paper we discuss one of the richest psychological conceptions of individuals – that offered by Sigmund Freud – in relation to rational choice theory. The purpose is twofold. First, we use coordination games to translate some of Freud's ideas into a choice theoretic framework;...
Persistent link: https://www.econbiz.de/10014149058
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Long-term contracting in a changing world
Pavan, Alessandro (contributor) - 2007
I study the properties of optimal long-term contracts in an environment in which the agent.s type evolves stochastically over time. The model stylizes a buyer-seller relationship but the results apply quite naturally to many contractual situations including regulation and optimal...
Persistent link: https://www.econbiz.de/10003782114
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Weak IPR and imitation in the south and international exhaustion of patent rights in the north for innovated drugs : a policy game
Acharyya, Rajat; García-Alonso, María del Carmen - 2009
We consider a policy game between a high-income country hosting a drug innovator and a low-income country hosting a drug imitator. The low-income country chooses whether to enforce an International Patent Regime (strict IPR) or not (weak IPR) and the high-income country chooses whether to allow...
Persistent link: https://www.econbiz.de/10003889499
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An experimental investigation of trust and sequential trade
Deck, Cary A. - In: Southern economic journal 76 (2010) 4, pp. 993-1004
Persistent link: https://www.econbiz.de/10008701387
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Oligopolistic equilibrium and financial constraints
Beviá, Carmen; Corchón, Luis C.; Yasuda, Yosuke - 2015
We provide a model of dynamic duopoly in which firms face financial constraints and disappear when they are unable to fulfill them. We show that, in some cases, Cournot outputs are no longer supported in equilibrium, because if these outputs were set, a firm may have incentives to ruin the...
Persistent link: https://www.econbiz.de/10011347312
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Information acquisition, signaling and learning in duopoly
Jeitschko, Thomas D.; Liu, Ting; Wang, Tao - 2016
We study firms' incentives to acquire private information in a setting where subsequent competition leads to firms …
Persistent link: https://www.econbiz.de/10011548620
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Strategic delegation and mergers in oligopolistic contests
Kräkel, Matthias; Sliwka, Dirk - 2002
competition. We also compare our findings with the previous results on contest models with delegation and find that the outcomes …
Persistent link: https://www.econbiz.de/10011539675