Similar Search Results

Second-mover advantage and price leadership in Bertrand duopoly

AMIR, Rabah; STEPANOVA, Anna - Center for Operations Research and Econometrics (CORE), … - 2004

We consider the issue of first versus second-mover advantage in differentiated-product Bertrand duopoly with general demand and asymmetric linear costs. We generalize existing results for all possible combinations where prices are either strategic substitutes and/or complements, dispensing with...

Persistent link: https://www.econbiz.de/10005043689

Mass customization in an endogenous-timing game with vertical differentiation

Loginova, Oksana; Wang, X. Henry - In: Economic Modelling 33 (2013) C, pp. 164-173

We study mass customization in a duopoly game in which the firms' products have different qualities. Whether customization choices are made simultaneously or sequentially is endogenously determined. Specifically, the customization stage of the game involves two periods. Each firm either selects...

Persistent link: https://www.econbiz.de/10010738007

Follower payoffs in symmetric duopoly games

von Stengel, Bernhard - London School of Economics (LSE) - 2010

This paper compares the leader and follower payoff in a duopoly game, as they arise in sequential play, with the Nash payoff in simultaneous play. If the game is symmetric, has a unique symmetric Nash equilibrium, and players' payoffs are monotonic in the opponent's choice along their own best...

Persistent link: https://www.econbiz.de/10010744848

The strategic timing of R&D agreements.

Marini, Marco; Petit, Maria Luisa; Sestini, Roberta - Facoltà di Economia, Università degli Studi di Urbino - 2011

We present a model of endogenous formation of R&D agreements among firms in which also the timing of R&D investment is made endogenous. The purpose is to bridge two usually separate streams of literature, the noncooperative formation of R&D alliances and the endogenous timing literature. Our...

Persistent link: https://www.econbiz.de/10009002119

COURNOT EQUILIBRIUM IN A MODEL OF HARDWARE AND SOFTWARE MANUFACTURERSâ€™ INTERACTION

Soloviev, Vladimir I.; Iliina, Natalia A.; … - In: Annales Universitatis Apulensis Series Oeconomica 1 (2009) 11, pp. 4-4

A model of interaction between hardware vendors, Intel and AMD, and developers ofWindows and Linux operating systems is suggested. Intel and AMD both maximize profits forming atraditional oligopoly, while Microsoft and the community of Linux developers form a mixedduopoly, in which only the...

Persistent link: https://www.econbiz.de/10008497460

Economic natural selection in Bertrand and Cournot settings

Qin, Cheng-Zhong; Hehenkamp, Burkhard; Stuart, Charles - In: Journal of Evolutionary Economics 9 (1999) 2, pp. 211-224

We study economic natural selection in classical oligopoly settings. When underlying pure strategies consist of a finite number of prices, convex monotonic dynamics always converge under a weak condition to the smallest price in the support of the initial state that exceeds marginal cost. When...

Persistent link: https://www.econbiz.de/10005396078

Privatization in Oligopoly: The Impact of the Shadow Cost of Public Funds

CAPUANO, Carlo; FEO, Giuseppe DE - In: Rivista Italiana degli Economisti 15 (2010) 2, pp. 175-208

The aim of this paper is to investigate the welfare effect of privatization in oligopoly when the government takes into … gains, privatization never increases welfare. Moreover, even when large efficiency gains are realized, an inefficient public …

Persistent link: https://www.econbiz.de/10008500652

Mixed duopoly, privatization and the shadow cost of public funds

Carlo, CAPUANO; Giuseppe, DE FEO - Institut de Recherche Économique et Sociale (IRES), … - 2008

The purpose of this paper is to investigate the effect of privatization in a mixed duopoly, where a private firm …). Furthermore, we analyze the effect of privatization on the timing of competition by endogenezing the determiantion of simultaneous … especially relevant for the analysis of privatization, given that results and policy prescription emerged in the literature …

Persistent link: https://www.econbiz.de/10004984848

Mixed duopoly, privatization and the shadow cost of public funds

CAPUANO, Carlo; DE FEO, Giuseppe - Center for Operations Research and Econometrics (CORE), … - 2008

The purpose of this paper is to investigate the effect of privatization in a mixed duopoly, where a private firm …). Furthermore, we analyze the effect of privatization on the timing of competition by endogenizing the determination of simultaneous … especially relevant for the analysis of privatization, given that results and policy prescription emerged in the literature …

Persistent link: https://www.econbiz.de/10005008686

Privatization, Government's Preference and Unionization Structure: A Mixed Oligopoly Approach

Kangsik, Choi - Volkswirtschaftliche Fakultät, … - 2009

oligopolies, this study investigates the efficiency of privatization. The results show that (i) regardless of the government …

Persistent link: https://www.econbiz.de/10005260141