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Instantaneous Information Always Stabilizes?
Zhang, Yang; Huang, Weihong - 2011
The impact of information improvement on local stability is examined for continuous dynamics. It is conventionally believed that removal of uncertainty always brings additional stability to an existing equilibrium. This paper shows that the relation between information and equilibrium stability...
Persistent link: https://www.econbiz.de/10014186547
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Price and capacity competition
Acemoglu, Daron; Bimpikis, Kostas; Ozdaglar, Asuman E. - In: Games and economic behavior 66 (2009) 1, pp. 1-26
Persistent link: https://www.econbiz.de/10003852688
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Price and capacity competition
Acemoglu, Daron; Bimpikis, Kostas; Ozdaglar, Asuman E. - 2006
Persistent link: https://www.econbiz.de/10003407434
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Price and capacity competition
Acemoglu, Daron (contributor); Bimpikis, Kostas (contributor) - 2006
Persistent link: https://www.econbiz.de/10003431356
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Predation under perfect information
Argenton, Cédric - 2010
Persistent link: https://www.econbiz.de/10003965788
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The strategic effect of debt in dynamic price competition with fluctuating demand
Neubecker, Leslie (contributor) - 2005
Persistent link: https://www.econbiz.de/10009232819
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The competitive outcome of the entry-capacity and pricing game in a large market
De Francesco, Massimo A. - 2002
Persistent link: https://www.econbiz.de/10001763535
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Price and Capacity Competition
Acemoglu, Daron - 2006
We study the efficiency of oligopoly equilibria in a model where firms compete over capacities and prices. The … demands across the firms. We first establish the existence of pure strategy subgame perfect equilibria (oligopoly equilibria … oligopoly equilibria of this game can be arbitrarily low. However, if the best oligopoly equilibrium is selected (among multiple …
Persistent link: https://www.econbiz.de/10012732430
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Price and Capacity Competition
Acemoglu, Daron - 2010
We study the efficiency of oligopoly equilibria in a model where firms compete over capacities and prices. The … demands across the firms. We first establish the existence of pure strategy subgame perfect equilibria (oligopoly equilibria … oligopoly equilibria of this game can be arbitrarily low. However, if the best oligopoly equilibrium is selected (among multiple …
Persistent link: https://www.econbiz.de/10012760481
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The strategic effect of debt in dynamic price competition with fluctuating demand
Neubecker, Leslie - 2002
Persistent link: https://www.econbiz.de/10013268890