Showing 71 - 80 of 66,339
Persistent link: https://www.econbiz.de/10012794896
Persistent link: https://www.econbiz.de/10012819883
We analyze strategic leaks due to spying out a rival’s bid in a first-price auction. Such leaks induce sequential bidding, complicated by the fact that the spy may be a counterspy who serves the interests of the spied at bidder and reports strategically distorted information. This ambiguity...
Persistent link: https://www.econbiz.de/10012507333
Persistent link: https://www.econbiz.de/10014440157
This paper examines the behaviour of two firms competing in a duopoly, where firms can influence demand through use of … advertising. The paper simulates the strategic interaction of the two firms based on a game-theoretic Cournot analytical model …. The results show that there exist threshold levels of advertising effectiveness at which duopoly behaviour bifurcates …
Persistent link: https://www.econbiz.de/10012698096
Persistent link: https://www.econbiz.de/10012256761
Persistent link: https://www.econbiz.de/10012205547
In this paper, unlike the conventional wisdom, we demonstrate that the relationship between the size of the market and number of firms would be non-monotonic. While moderate rise in the size would force the local firms to exit and only the foreign firm rules, substantial rise in the size would...
Persistent link: https://www.econbiz.de/10013365373
Persistent link: https://www.econbiz.de/10011796989
Persistent link: https://www.econbiz.de/10012795444