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market power and withheld quantities from the market in 2004 and 2005. Three market structure scenarios of oligopoly with a … Cournot-oligopoly as leader and a Nash-bargaining model. The model with a Cournot oligopoly as leader delivers the best …
Persistent link: https://www.econbiz.de/10009580119
We build a model of tacit collusion between firms that operate in multiple markets to study the effects of trade costs. A key feature of the model is that cartel discipline is endogenous. Thus, markets that appear segmented are strategically linked via the incentive compatibility constraint....
Persistent link: https://www.econbiz.de/10012926563
We build a model of tacit collusion between firms that operate in multiple markets to study the effects of trade costs. A key feature of the model is that cartel discipline is endogenous. Thus, markets that appear segmented are strategically linked via the incentive compatibility constraint....
Persistent link: https://www.econbiz.de/10011781965
regress between contestability, duopoly, monopolistic competition and game theory. This paper proposes an oligopoly model with … concentration (using HHI and CRn indices) measured in 4 carriers and found 0.315>0.2 in turnover in 2002, indicating oligopoly. The …
Persistent link: https://www.econbiz.de/10011737687
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; import competition ; wage bargaining ; oligopoly ; redistribution …
Persistent link: https://www.econbiz.de/10003931419