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The objective of the paper is to elaborate a simulation model to analyze inter- and intra-modal competition in the … effect of a kerosene tax. Hence our framework could serve as a tool to measure the effectiveness of competition on a relevant … market or to design marketing strategies. More generally it can be applied in cases of oligopolistic competition when …
Persistent link: https://www.econbiz.de/10014067889
Economic theory on the subject of barriers to entry focuses almost exclusively on firms seeking to preserve market power and economic profits. In this paper, we propose that, under certain circumstances, firms may instead choose to reduce barriers to entry as a profit-maximizing mechanism. We...
Persistent link: https://www.econbiz.de/10012968455
information disclosure relax competition and may reduce aggregate surplus. We provide several applications, including labor …
Persistent link: https://www.econbiz.de/10012852893
taking into account competition between multiple privatized transport operator types. The operators, including high …-speed rail, hub and spoke legacy airlines and low cost carriers, maximize profit functions via prices, frequency and train …
Persistent link: https://www.econbiz.de/10010325992
taking into account competition between multiple privatized transport operator types. The operators, including high …-speed rail, hub and spoke legacy airlines and low cost carriers, maximize profit functions via prices, frequency and train …
Persistent link: https://www.econbiz.de/10011377255
in the US airline industry. Our results are based on the estimation of a dynamic oligopoly game of network competition …
Persistent link: https://www.econbiz.de/10012706994
We set up a sequential merger game to study a firm's incentives to pass up on an opportunity to merge with another firm. We find that such incentives may exist when there are efficiency gains from a merger, firms are of different sizes, there is an antitrust authority present to approve mergers,...
Persistent link: https://www.econbiz.de/10010285594
outcome in the 'scoring auction'. We show that the nature of competition (Cournot or Bertrand) has no effect on the …. With corner solution the nature of competition (Cournot or Bertrand) makes a difference to the equilibrium outcomes. …
Persistent link: https://www.econbiz.de/10010253807
-two firm case the CV-parameter is shown to cover the full range of possible outcomes - from Bertrand competition to joint …
Persistent link: https://www.econbiz.de/10011491765
To be represented by more than one contestant in a contest has advantages and disadvantages. This paper determines the conditions under which it is favorable to send several agents into the contest. -- contests ; Divisionalization ; delegation
Persistent link: https://www.econbiz.de/10009582389