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Imitators and Optimizers in Cournot Oligopoly

Schipper, Burkhard - 2005

We analyze a symmetric n-firm Cournot oligopoly with a heterogeneous population of optimizers and imitators. Imitators mimic the output decision of the most successful firms of the previous round à la Vega-Redondo (1997). Optimizers play a myopic best response to the opponents' previous output....

Persistent link: https://www.econbiz.de/10010366551

Nachfrageunsicherheit und Risikopolitik im Duopol

Broll, Udo; Pelster, Matthias; Wahl, Jack E. - 2012

Die vorliegende Arbeit untersucht ein Duopol bei unsicherer Nachfrage unter Risikoaversion. Die Produktion der gesamten … Terminmarkt erhalten. -- Nachfrageunsicherheit ; Duopol ; Terminmarkt ; Risikopolitik …The paper studies an duopoly with risk averse firms exposed to demand uncertainty. A risk sharing market is introduced …

Persistent link: https://www.econbiz.de/10009567543

Strategic delegation in experimental markets

Huck, Steffen; Müller, Wieland; Normann, Hans-Theo - 2000

In this experiment, we analyze strategic delegation in a Cournot duopoly. Owners can choose among two different …, while the second contract gives an additional sales bonus. Although theory predicts the second contract to be chosen, it is …

Persistent link: https://www.econbiz.de/10009583883

Bertrand-Edgeworth competition with substantial product differentiation

Somogyi, Robert - 2013 - Preliminary version

Since Kreps and Scheinkman's seminal article (1983) a large number of papers have analyzed capacity constraints' potential to relax price competition. However, the ensuing literature has assumed that products are either perfect or very close substitutes. Therefore none of the papers has...

Persistent link: https://www.econbiz.de/10010187650

Output commitment through product bundling : experimental evidence

Hinloopen, Jeroen; Müller, Wieland; Normann, Hans-Theo - 2011

Persistent link: https://www.econbiz.de/10010191078

Fighting collusion by permitting price discrimination

Helfrich, Magdalena; Herweg, Fabian - 2016

We investigate the effect of a ban on third-degree price discrimination on the sustainability of collusion. We build a model with two firms that may be able to discriminate between two consumer groups. Two cases are analyzed: (i) Best-response symmetries so that profits in the static Nash...

Persistent link: https://www.econbiz.de/10011434582

Small is successful!? : a study of exit behavior in a declining markets experiment

Erlei, Mathias; Springmann, Jens-Peter - 2006 - Draft: December 2006

This paper provides experimental evidence on exit behavior of asymmetrically sized firms in a duopoly with declining …

Persistent link: https://www.econbiz.de/10010481423

Pricing in asymmetric two-sided markets : a laboratory experiment

Weghake, Jens; Erlei, Mathias; Keser, Claudia; Schmidt, … - 2018 - Version: April 2018

We conducted a laboratory experiment to study the price setting behavior in two-sided markets. We seek to answer two specific research questions: Do participants charge the equilibrium prices that can be derived from a theoretical model? How is the price setting affected by the characteristics...

Persistent link: https://www.econbiz.de/10011825236

Beyond the uniform distribution : equilibrium prices and qualities in a vertically differentiated duopoly

Benassi, Corrado; Chirco, Alessandra; Colombo, Caterina - 2015

The paper proves the existence of a subgame perfect Nash equilibrium in a vertically differentiated duopoly with …

Persistent link: https://www.econbiz.de/10011713762

Strategic microscheduling of movies

Dürr, Niklas S.; Engelstätter, Benjamin; Ward, Michael R. - 2017

We investigate how competition in product niches affects the ultimate timing of product release for experience goods using data on motion pictures in the United States. We identify product niches that movies occupy along three different product dimensions: common actor, common director, and...

Persistent link: https://www.econbiz.de/10011716018

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