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Reconciling Cournot and Bertrand outcomes : a review
Kirui, Kipyegon Benard - 2013 - April 2013, first draft
) ignored the quantity? From the review, the main conclusion of this paper is that oligopoly competition is guided in the long …
Persistent link: https://www.econbiz.de/10010380785
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When Stackelberg and Cournot equilibria coincide
Colombo, Luca; Labrecciosa, Paola - 2004
Persistent link: https://www.econbiz.de/10002093343
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Endougenous Timing in a Mixed Duopoly
Amir, Rabah; De Feo, Giuseppe - 2012
This paper applies the framework of endogenous timing in games to mixed quantity duopoly, wherein a private domestic or …-perfect equilibrium of the extended game, in sharp contrast to private duopoly games. We provide sufficient conditions for the emergence …
Persistent link: https://www.econbiz.de/10010343823
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Mathematical economics comes to America : Charles S. Peirce's engagement with Cournot's recherches sur les principes mathematiques de la théorie des richesses
Wible, James R.; Hoover, Kevin D. - 2013 - Revised, 18 July 2013
Although Cournot's mathematical economics was generally neglected until the mid- 1870s, he was taken up and carefully studied by the Scientific Club of Cambridge, Massachusetts even before his "discovery" by Walras and Jevons. The episode is reconstructed from fragmentary manuscripts of the...
Persistent link: https://www.econbiz.de/10011707594
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Endogenous shifts in OPEC market power : a Stackelberg oligopoly with fringe
Huppmann, Daniel - 2013
This article proposes a two-stage oligopoly model for the crude oil market. In a game of several Stackelberg leaders …
Persistent link: https://www.econbiz.de/10009771871
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Bertrand-Edgeworth markets with increasing marginal costs and voluntary trading : experimental evidence
Jacobs, Martin; Requate, Tilman - 2016
-researched field in the experimental oligopoly literature. We provide results from an experiment that varies the number of firms as … voluntary trading. We find that prices and profits are substantially higher in duopoly than in triopoly and with proportional …
Persistent link: https://www.econbiz.de/10011411148
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Number of firms, rationing, matching, and knowledge : a comprehensive study of variations in experimental Kreps-Scheinkman markets
Jacobs, Martin - 2016
This study provides a comprehensive picture of experimental Kreps-Scheinkman markets with capacity choice in the first stage and subsequent price competition at the second. We conduct seven different treatments of such markets, varying the number of firms, the demand rationing scheme, the...
Persistent link: https://www.econbiz.de/10011411149
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Demand rationing in Bertrand-Edgeworth markets with fixed capacities : an experiment
Jacobs, Martin; Requate, Tilman - 2016
This study is the first to investigate the effect of demand rationing in experimental Bertrand-Edgeworth markets with fixed exogenous capacities. It is found that prices and profits are significantly higher under proportional than under efficient demand rationing. Moreover, the amount of...
Persistent link: https://www.econbiz.de/10011411150
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Advance sales and deterrence with heterogeneous firms
Thille, Henry; Mitraille, Sébastien - 2022
Persistent link: https://www.econbiz.de/10012819973
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Bertrand versus Cournot with convex variable costs
Delbono, Flavio; Lambertini, Luca - 2015
Within a simple model of homogeneous oligopoly, we show that the traditional ranking between Bertrand and Cournot …
Persistent link: https://www.econbiz.de/10011715895