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market is a duopoly where players compete in dollar-denominated prices while one of them, Airbus, incurs costs mostly in …
Persistent link: https://www.econbiz.de/10008493434
In this paper, we analyze the equilibrium amount of entertainment in news coverage of newspapers and television stations. We find that a shift in the inclination to read, expressed by a shift in the (psychological) distance costs, induces both media outlets to incorporate more entertaining...
Persistent link: https://www.econbiz.de/10008495300
This paper deals with strategic behaviour of firms in a duopoly, subsequent to the claim by one firm that it has … reduced the unit cost of production. A variety of possible strategic equilibria are discussed in the context of a duopoly game … process-patents has implications for the equilibrium output strategies of the duopoly firms and sometimes may have a negative …
Persistent link: https://www.econbiz.de/10008468462
The search for economically effcient policy instruments designed to promote the diffusion of renewable energy technologies in liberalized markets has led to the introduction of quota-based tradable `green' certifcate (TGC) schemes for renewable power. However, there is a debate about the pros...
Persistent link: https://www.econbiz.de/10008471766
In order to analyse the consequences of uncertainty for prices and efficiency in a hydropower system, we apply a two-period model with uncertainty in water inflow. We study three different market structures, perfect competition, monopoly and oligopoly and stress the importance of the shape of...
Persistent link: https://www.econbiz.de/10004980932
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This paper studies the impact of cooperative R&D on innovation, welfare, and profitability in vertically related industries with differentiated products. The model incorporates two vertically related industries, with horizontal spillovers within industries and vertical spillovers between them....
Persistent link: https://www.econbiz.de/10014466428