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The objective of this article is to investigate the impact of research and development (R&D) spillovers on cartelization of industries characterized by differentiated products. For simplicity, we focus on the duopoly market in which firms compete according to the Stackelberg leadership model....
Persistent link: https://www.econbiz.de/10011904589
Summary This essay deals with the contribution of Seitz and Stackelberg on oligopoly. Stackelberg’s theory on price … of the sixties on oligopoly theory between Krelle, Ott, Heertje, Helmstädter und Seitz. He looks back from a game …
Persistent link: https://www.econbiz.de/10014608721
This essay deals with the contribution of Seitz and Stackelberg on oligopoly. Stackelberg's theory on price leadership … the sixties on oligopoly theory between Krelle, Ott, Heertje, Helmstadter und Seitz. He looks back from a game theoretical …
Persistent link: https://www.econbiz.de/10008596490
-product oligopoly market, and how the heterogeneity in their products affects the manufacturers' decisions on model launch and …
Persistent link: https://www.econbiz.de/10010934928
Persistent link: https://www.econbiz.de/10014556849
Persistent link: https://www.econbiz.de/10013448481
This study examines the optimal pricing and production strategy of a closed-loop supply chain consisting of a manufacturer, a recycler, and consumers. Considering the cannibalization and promotion effects of remanufactured products on new and secondhand products, we constructed Stackelberg game...
Persistent link: https://www.econbiz.de/10014315698
This paper analyzes a market with three firms. One of them is the dominant firm and the two others are fringe firms. The formulation of demand allows a comparison between price competition with heterogeneous and homogeneous products. Because a parameterization is required to assure that market...
Persistent link: https://www.econbiz.de/10005704385
This paper shows that when firms compete on prices in a mixed duopoly, the public firm chooses over-capacity when products are substitutes and under-capacity when products are complements. The private firm always chooses under-capacity. This result is in contrast with that obtained in the...
Persistent link: https://www.econbiz.de/10005094775
Scholars have compared the pricing behaviour where a monopolist in the short run produces heterogeneous products 1 and 2, and a duopolist i produces goods i (i = 1, 2), where there are exogenous shocks to marginal cost and/or industry demand. This pricing behaviour is short run in that no entry...
Persistent link: https://www.econbiz.de/10005698470