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This paper develops a simplified prospective method to estimate expected price increases and reductions, associated with antitrust cases of collusion and abuse of dominance, in which it is not possible to compare real data under alternative competitive and anticompetitive situations. The...
Persistent link: https://www.econbiz.de/10009376357
This paper presents a model of the penalty-kick game between a soccer goalkeeper anda kicker, in which there is uncertainty about the kicker's type (and there are two possible types of kicker). To find a solution for this game we use the concept of Bayesian equilibrium, and we find that,...
Persistent link: https://www.econbiz.de/10009558319
This paper is about a model of Bertrand competition in a homogeneous-good market with free entry of identical firms and variable returns to scale. If the optimum number of active firms in the market is two or more, and the number of active firms is equal to that optimum number, then Bertrand...
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In this paper we develop a statistical model of language complexity trade-offs using four typological measures (related to phonology, morphology, syntax and lexicon). The data come from the 100-language sample that appears in the World Atlas of Language Structures (WALS), and the trade-offs are...
Persistent link: https://www.econbiz.de/10011544000
This paper is about a model of Bertrand competition in a homogeneous-good market with free entry of identical firms and variable returns to scale. If the optimum number of active firms in the market is two or more, Bertrand equilibrium always exists for that optimum number, and it does not exist...
Persistent link: https://www.econbiz.de/10003842452
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