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The supply function model of the English electricity spot market is extended to include a contract market and …
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This note investigates the possibility of profit raising entry in network industries where firms follow Corporate Social Responsibility (CSR) behaviours, showing the interaction between the network and CSR features. In particular, for high levels of the network effect, an incumbent’s profits...
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with this contract type we follow the Limit Pricing theory and show that standard contract price could be used as an … more costly option for customers who have not switched to an alternative contract yet. As most German households are served … instrument to affect competition, in terms of market entries, in the related market. We theoretically derive the optimal price …
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&D investment and their product market activities. Firstly, we find that in Cournot-quantity competition, owners strategically … compared to R&D competition, which in turn leads to increased R&D investment, reduced product prices and increased profits. …
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