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Horizontal mergers with synergies: first-price vs. profit-share auction

Ding, Wei; Fan, Cuihong; Wolfstetter, Elmar - 2010

We consider takeover bidding in a Cournot oligopoly when firms have private information concerning the synergy effect …

Persistent link: https://www.econbiz.de/10008822617

Competition as a socially desirable dilemma theory vs. experimental evidence

Engel, Christoph - 2009

oligopoly as a linear public good. -- Cartel ; Oligopoly ; Bertrand ; Cournot ; Public Good ; Externality ; Experiment …

Persistent link: https://www.econbiz.de/10003877116

Information sharing networks in linear quadratic games

Currarini, Sergio; Feri, Francesco - 2013

for three specific linear quadratic games - Cournot oligopoly, Keynes' beauty contest and Public good provision - in which …

Persistent link: https://www.econbiz.de/10009756291

Imitation : theory and experimental evidence

Apestgeguia, Jose; Huck, Steffen; Oechssler, Joerg - 2005

We introduce a generalized theoretical approach to study imitation and subject it to rigorous experimental testing. In our theoretical analysis we find that the different predictions of previous imitation models are due to different informational assumptions, not to different behavioral rules....

Persistent link: https://www.econbiz.de/10010366552

Quantity-setting games with a dominant firm

Tasnádi, Attila - 2009

We consider a possible game-theoretic foundation of Forchheimer’s model of dominant-firm price leadership based on quantity-setting games with one large firm and many small firms. If the large firm is the exogenously given first mover, we obtain Forchheimer’s model. We also investigate...

Persistent link: https://www.econbiz.de/10011523962

Conjectural variation models and supergames with price-competition in a differentiated product oligopoly

Pfaffermayr, Michael - 1999 - Revised version

Conjectural variation models are popular in empirical research as they infer the degree of market power from real data. IO-theorists, however disapprove it for lack of theoretical foundation arguing that dynamic reactions are forced into a static model with the strategy space and time horizon...

Persistent link: https://www.econbiz.de/10011491765

Media see-saws : winners and losers on media platforms

Anderson, Simon P.; Peitz, Martin - 2015 - This version: October 2015

We customize the aggregative game approach to oligopoly to study asymmetric media markets. Advertiser, platform, and consumer surplus are tied together by a simple summary statistic. When media are ad-financed and ads are a nuisance to consumers we establish see-saws between consumers and...

Persistent link: https://www.econbiz.de/10011491950

Imitation : theory and experimental evidence

Alpesteguia, Jose; Huck, Steffen; Oechssler, Joerg - 2003

We introduce a generalized theoretical approach to study imitation models and subject themodels to rigorous experimental testing. In our theoretical analysis we find that the differentpredictions of previous imitation models are due to different informational assumptions, notto different...

Persistent link: https://www.econbiz.de/10011509505

Evolutionary stability in asymmetric oligopoly : a non-Walrasian result

Leininger, Wolfgang; Moghadam, Hamed M. - 2014

It is a very well-known result that in terms of evolutionary stability the long-run outcome of a Cournot oligopoly …. Contrary to Tanaka (1999) we show that the evolutionarily stable price in an asymmetric Cournot oligopoly needs not equal the …Einem bekannten und überraschenden Result zufolge ist das langfristige evolutionäre Gleichgewicht in einem endlichen …

Persistent link: https://www.econbiz.de/10010399434

Electronic coordination in oligopolistic markets : impact on transport costs and product differentiation

Bandulet, Martin; Morasch, Karl - 2002

Electronic coordination links markets at different locations that have initially been (partially) separated by transport costs. Rising competitive pressure should in turn affect incentives to differentiate products. In this paper investment decisions concerning transport cost reduction and...

Persistent link: https://www.econbiz.de/10010509336