Showing 1 - 5 of 5
This paper introduces an oligopoly model that includes three actors: a cartel (comprising two or more firms that operate like one merged company), a group of competing fringe firms, and a welfare maximizing antitrust authority. The cartel is the Stackelberg quantity leader and the fringe firms...
Persistent link: https://www.econbiz.de/10014501869
In this paper we analyze R&D collaboration networks in industries where firms are competitors in the product market. Firms' benefits from collaborations arise by sharing knowledge about a cost-reducing technology. By forming collaborations, however, firms also change their own competitive...
Persistent link: https://www.econbiz.de/10010316820
In this paper I analyze the kind of behavior which can be considered evolutively stable in an oligopolistic market
Persistent link: https://www.econbiz.de/10008472220
In this paper we consider a Cournot–Bertrand duopoly model with linear demand and cost functions and with product differentiation. We propose a dynamic framework for the study of the stability properties of this kind of mixed oligopoly game, a rather neglected topic in the existing literature...
Persistent link: https://www.econbiz.de/10010577103
We discuss the implications of a Stackelberg sequence of play between a cartel and the fringe. We consider two different approaches to collusion: (i) one-stage static model and (ii) a multi-period oligopoly model. Our main result is that in the static model with quantity-setting firms a stable...
Persistent link: https://www.econbiz.de/10008564421