Showing 1 - 8 of 8
This is a preliminary version of a prospective book which springs from concerted effort among several researchers in the fiels of industrial economics. This chapter is devoted to the strategic role of information in oligopoly, and more broadlyn, in monotone games in general.
Persistent link: https://www.econbiz.de/10005750767
A two-stage game is used in this paper to model a long-run market with spatially separated producers and with multi-period demands: first, firmas simultaneously and independently invest their capacities; second, after capacities are set up in the first stage and made public, firms engage in a...
Persistent link: https://www.econbiz.de/10005779442
An oligopoly with spatially dispersed producers and consumers and with multi-period demands is modeled in this paper.
Persistent link: https://www.econbiz.de/10005779539
We study endogenous coalition formation in contexts where individual (and group) payoffs depend on the entire coalition structure that might form. We capture potential interaction across coalitions by means of a partition function.
Persistent link: https://www.econbiz.de/10005640946
Long-run oligopolistic expansion behavior in an electricity supply market is modeled in this paper.
Persistent link: https://www.econbiz.de/10005634220
This paper studies a strategic market game where agents fragment their bids on different markets. Simple conditions for existence of an interior equilibrium point are provided. In equilibrium, all agents are active on the same markets and prices are identical across markets, so that all...
Persistent link: https://www.econbiz.de/10005669218
This paper reflects on consequentialism which underlies the traditional normative economics. It asserts that the informational basis of normative economics should be expanded so that the intrinsic value of social choice procedures should be properly taken into account along with the value of...
Persistent link: https://www.econbiz.de/10008602994
This paper reflects on consequentialism which underlies the traditional normative economics. It asserts that the informational basis of normative economics should be expanded so that the intrinsic value of social choice procedures should be properly taken into account along with the value of...
Persistent link: https://www.econbiz.de/10005639208