Showing 1 - 10 of 7,670
This paper compares Bertrand and Cournot equilibria in a horizontallydifferentiated duopoly market with non … maybe higher under Cournot competition for moderate R&D productivities... …
Persistent link: https://www.econbiz.de/10005868906
This paper examines the optimal privatization policy in vertically related markets in which an upstream public firm competes with a foreign private rival in supplying a produced input to the domestic and foreign downstream firms in the domestic market. It shows that if the upstream public firm's...
Persistent link: https://www.econbiz.de/10013006896
We show the effects of Bertrand and Cournot competition on R&D investmentand social welfare in a duopoly with R …&D competition where success in R&D isprobabilistic. We show that R&D investments are higher under Bertrand (Cournot)competition when … Cournot competition can generate highersocial welfare in absence of knowledge spillover and this happens if R&D is drastic …
Persistent link: https://www.econbiz.de/10005868763
We show the welfare effects of entry in presence of technology licensingunder Cournot competition. If the entrant is …
Persistent link: https://www.econbiz.de/10005868772
Electronic coordination links markets at different locations that have initially been (partially) separated by transport costs. Rising competitive pressure should in turn affect incentives to differentiate products. In this paper investment decisions concerning transport cost reduction and...
Persistent link: https://www.econbiz.de/10010509336
homogeneous and heterogeneous product, Cournot, Tullock competition) the Nash-2 equilibrium sets are obtained and considered as …
Persistent link: https://www.econbiz.de/10013024415
This paper demonstrates that the standard conclusions regarding the comparison of Cournot and Bertrand competition are … Cournot competition yields higher output, lower wholesale prices, lower final prices, higher consumers' surplus, and higher …
Persistent link: https://www.econbiz.de/10010351502
The emerging literature on interaction between strategic trade theoryand privatisation uses a simple example to argue that the irrelevanceresult is invalidated if the domestic market is open to foreigncompetition.This paper uses a fairly general framework to show that anythinga regulated...
Persistent link: https://www.econbiz.de/10005868944
Electronic coordination links markets at different locations that have initially been (partially) separated by transport costs. Rising competitive pressure should in turn affect incentives to differentiate products. In this paper investment decisions concerning transport cost reduction and...
Persistent link: https://www.econbiz.de/10010300398
oligopolistischen Wettbewerb zu betreiben. Im Bayesianischen Gleichgewicht resultieren eindeutige Gleichgewichtsstrategien. Diese sind …
Persistent link: https://www.econbiz.de/10010305090