Showing 1 - 10 of 1,666
Persistent link: https://www.econbiz.de/10001610653
We present a model in which the consumers' capacity to access a service provided on a network depends negatively on the price charged by the network owner per capacity unit. Several scenarios concerning the structure of the downstream service provision market are studied. First, a monopolist...
Persistent link: https://www.econbiz.de/10005731404
Este artículo trata el problema de cómo la competencia oligopolística es afectada por el desarrollo de las tecnologías que utilizan energías renovables dentro del marco de reducción de emisiones de CO2 y seguridad en el mercado eléctrico. En un modelo oligopolístico donde las empresas...
Persistent link: https://www.econbiz.de/10008602605
Models of product differentiation try to provide answers to the question which good will be provided in an imperfectly competitive market and how it will be priced. In such models consumers have been modeled as buying one unit of one good in the market. I construct counterparts to frequently...
Persistent link: https://www.econbiz.de/10005515952
I show the uniqueness of equilibrium for a class of oligopoly models with strategic complements.Product differentiation models are considered in which the contraction mapping theorem cannotnecessarily be applied.
Persistent link: https://www.econbiz.de/10005731214
In a model of price competition single-product ¯rms compete for consumers. Consumerspurchase a variable quantity of one of the di®erentiated goods. The paper provides results onequilibrium existence when consumers are heterogeneous in their evaluation of the di®erentiatedgoods among each...
Persistent link: https://www.econbiz.de/10005731215
Consumer behavior in differentiated product markets can be specified following the Lancastriancharacteristics approach or following Hotelling´s approach of spatial competition. In the case ofunit demand I present a class of models of (heterogeneous) consumer behavior which can bewritten as...
Persistent link: https://www.econbiz.de/10005731233
In models of product differentiation and location models it is implicitly assumed that consumers can afford to buy the differentiated goods in the market. I show that with income heterogeneity there are severe existence problems of a price equilibrium in models of horizontal product...
Persistent link: https://www.econbiz.de/10005731396
The paper formalizes the observation that submarkets for high-quality and low-quality variants are markedly different from each other. We study a simple model where variants of low quality cannot be horizontally differentiated, whereas customers disagree about the value of variants in the...
Persistent link: https://www.econbiz.de/10008542873
In a three-stage duopoly game with product design at stage 1, advertising & marketing at stage 2, and price competition at stage 3, advertising & marketing enable customers to distinguish the goods from each other thus relaxing price competition. The subgame perfect equilibria of the three stage...
Persistent link: https://www.econbiz.de/10008542875