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The Effects of Entry in Bilateral Oligopoly

Dickson, Alex - In: Games 4 (2013) 3, pp. 283-303

The purpose of this paper is to study the effects of entry into the market for a single commodity in which both sellers …’ payoffs may increase. The conditions under which entry by new sellers raises the equilibrium payoffs of existing sellers are … sellers, and encompass entirely standard economic environments. Similar results are derived relating to the entry of …

Persistent link: https://www.econbiz.de/10010670656

The effects of entry in bilateral oligopoly

Dickson, Alex - In: Games 4 (2013) 3, pp. 283-303

Persistent link: https://www.econbiz.de/10009785457

The effects of entry in thin markets

Dickson, Alex - Scottish Institute for Research in Economics (SIRE) - 2010

We consider entry of additional firms into the market for a single commodity in which both sellers and buyers are … competition, contrary to the conventional wisdom. We characterize the conditions under which entry by new sellers may raise the …

Persistent link: https://www.econbiz.de/10010553635

The effects of Entry in thin markets

Dickson, Alex - Economics Department, University of Strathclyde - 2010

Persistent link: https://www.econbiz.de/10008606480

Successive Oligopolies in a Pure Exchange Economy

Lahiri, Somdeb - In: Journal of Reviews on Global Economics 1 (2012), pp. 150-156

In this paper we assume a market structure in which there are whole-sellers, retailers and consumers. The product sold to the consumers is initially endowed with the whole-sellers. The whole-sellers value both the product and money. The retailers are not endowed with anything at all. The...

Persistent link: https://www.econbiz.de/10010667374

Existence and comparative statics in heterogeneous Cournot Oligopolies

Hoernig, Steffen - Faculdade de Economia, Universidade Nova de Lisboa - 2000

We prove the existence of symmetric pure Cournot equilibria with heterogeneous goods under the following condition: each firm reacts to a rise in competirors output in such a way that its market price does not rise. This condition is not related to wether goods are strategic substitutes or...

Persistent link: https://www.econbiz.de/10005600472

Comparative static and computational methods for an empirical one-to-one transferable utility matching model

Graham, Bryan S. - In: Structural econometric models, (pp. 153-181). 2013

Persistent link: https://www.econbiz.de/10010359146

14.123 Microeconomic Theory III, Spring 2009

Eso, Peter - 2009

This half-semester course discusses decision theory and topics in game theory. We present models of individual decision-making under certainty and uncertainty. Topics include preference orderings, expected utility, risk, stochastic dominance, supermodularity, monotone comparative statics,...

Persistent link: https://www.econbiz.de/10009432546

Comparative statics for real options on oil: What stylized facts to use?

Lund, Diderik; Nymoen, Ragnar - 2013

Comparative-statics results for financial options are often assumed to hold for real options. But the effects of higher volatility need not be increased value and postponed investment. This depends on signs of correlations and what parameters are held constant. For real options, the...

Persistent link: https://www.econbiz.de/10010330217

Strategic information transmission and stochastic orders

Szalay, Dezsö - 2012

I develop new results on uniqueness and comparative statics of equilibria in the Crawford and Sobel (1982) strategic information transmission game. For a class of utility functions, I demonstrate that logconcavity of the density implies uniqueness of equilibria inducing a given number of...

Persistent link: https://www.econbiz.de/10010333928