Narrow search
Showing 1 - 10 of 17,269
Cover Image
Signalling rivalry and quality uncertainty in a duopoly
Bester, Helmut; Demuth, Juri - 2011
This paper considers a market in which only the incumbent's quality is publicly known. The entrant's quality is observed by the incumbent and some fraction of informed consumers. This leads to price signalling rivalry between the duopolists, because the incumbent gains and the entrant loses when...
Persistent link: https://www.econbiz.de/10009404774
Cover Image
Ranking supply function and cournot equilibria in a differentiated product duopoly with demand uncertainty
Sağlam, İsmail - In: Games 9 (2018) 3/60, pp. 1-13
differentiated product duopoly with demand uncertainty. We prove that the expected consumer surplus is always higher under the supply …
Persistent link: https://www.econbiz.de/10011891023
Cover Image
Bertrand Under Uncertainty : Private and Common Costs
Lagerlöf, Johan N. M. - 2016
This paper proposes an n-firm homogeneous-good Bertrand model with private information about costs. The model allows for any non-negative correlation between the cost draws and for any demand elasticity but still yields a closed-form solution. The solution is simple, in pure strategies, and...
Persistent link: https://www.econbiz.de/10012999083
Cover Image
Cost uncertainty in an oligopoly with endogenous entry
De Pinto, Marco; Goerke, Laszlo - 2021
How does cost uncertainty affect the welfare consequences of an oligopoly? To answer this question, we investigate a Cournot oligopoly in which firms produce a homogeneous commodity and market entry is feasible. Marginal costs are unknown ex-ante, i.e. prior to entering the market. They become...
Persistent link: https://www.econbiz.de/10012620737
Cover Image
Strategic vertical foreign investment under exchange rate uncertainty
Roy, Santanu; Viaene, Jean-Marie - 1996
This paper investigates the strategic incentives for vertical foreign investment by risk-neutral oligopolistic firms and the effect of exchange rate uncertainty on such investment. Firms competing in a domestic final good market meet their input requirements through import. They have the option...
Persistent link: https://www.econbiz.de/10009620813
Cover Image
Nachfrageunsicherheit und Risikopolitik im Duopol
Broll, Udo; Pelster, Matthias; Wahl, Jack E. - 2012
Die vorliegende Arbeit untersucht ein Duopol bei unsicherer Nachfrage unter Risikoaversion. Die Produktion der gesamten … Terminmarkt erhalten. -- Nachfrageunsicherheit ; Duopol ; Terminmarkt ; Risikopolitik …The paper studies an duopoly with risk averse firms exposed to demand uncertainty. A risk sharing market is introduced …
Persistent link: https://www.econbiz.de/10009567543
Cover Image
Real Options, Preemption, and the Dynamics of Industry Investments
Boyer, Marcel; Lasserre, Pierre; Mariotti, Thomas; … - Centre Interuniversitaire de Recherche en Analyse des … - 2001
We study the development of a duopoly industry -evolution of firm capacities and competitive behavior- in a continuous …
Persistent link: https://www.econbiz.de/10005100881
Cover Image
The choice of prices vs. quantities under uncertainty
Reisinger, Markus; Reßner, Ludwig - 2007 - This Version: May 2007
This paper analyzes a duopoly model with stochastic demand in which firms first choose their strategy variable and …
Persistent link: https://www.econbiz.de/10010383028
Cover Image
Strategic Exploitation of a Common Resource under Environmental Risk
Fesselmeyer, Eric - 2014
We study the effect of environmental risk on the extraction of a common resource. Using a dynamic and non-cooperative game in which an environmental event impacts the renewability and the quality of the resource, we show that the anticipation of such an event has an ambiguous effect on...
Persistent link: https://www.econbiz.de/10013070501
Cover Image
Switching Costs, Dynamic Uncertainty, and Buyer-Seller Relationships
Murthy, Nagesh - 2007
We analyze strategic relationships between buyers and sellers in markets with switching costs and dynamic uncertainty by investigating the scenario wherein a representative buyer trades with two foreign sellers located in the same foreign country. We show that, under exchange rate uncertainty,...
Persistent link: https://www.econbiz.de/10012776363