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Stability of the Cournot process : expermental evidence

Huck, Steffen; Normann, Hans-Theo; Oechssler, Joerg - 2002

Persistent link: https://www.econbiz.de/10001666610

Stability of the Cournot Process : Experimental Evidence

Huck, Steffen; Normann, Hans-Theo; Oechssler, Joerg - 2004

find no experimental evidence of such instability in a four firm oligopoly. Moreover, there are no differences between a …

Persistent link: https://www.econbiz.de/10014083226

Simulation and prosecution of a cartel with endogenous cartel formation

Paha, Johannes - 2010

marginal costs and production technologies. The paper models the incentive to collude in a differentiated products Bertrand-oligopoly …

Persistent link: https://www.econbiz.de/10003950512

Stability of the Cournot process : experimental evidence

Huck, Steffen; Normann, Hans-Theo; Oechssler, Joerg - 2002

We report results of experiments designed to test the predictions of the best reply process. In a Cournot oligopoly …

Persistent link: https://www.econbiz.de/10011539705

Finite State Dynamic Games with Asymmetric Information : A Computational Framework

Fershtman, Chaim; Pakes, Ariel - 2005

We present a simple algorithm for computing an intuitive notion of MPE for finite state dynamic games with asymmetric information. The algorithm does not require: storage and updating of posterior distributions, explicit integration over possible future states to determine continuation values,...

Persistent link: https://www.econbiz.de/10014070473

Price and Capacity Competition

Acemoglu, Daron - 2006

We study the efficiency of oligopoly equilibria in a model where firms compete over capacities and prices. The … demands across the firms. We first establish the existence of pure strategy subgame perfect equilibria (oligopoly equilibria … oligopoly equilibria of this game can be arbitrarily low. However, if the best oligopoly equilibrium is selected (among multiple …

Persistent link: https://www.econbiz.de/10012732430

Information et décision stratégique en situation d'oligopole : l'exemple du secteur cimentier

Dumez, Hervé - In: Revue économique : revue bimestrielle 47 (1996) 4, pp. 995-1012

Persistent link: https://www.econbiz.de/10001202380

Supply Function Equilibria in Networks with Transport Constraints

Holmberg, Par - 2015

Transport constraints limit competition and arbitrageurs' possibilities of exploiting price differences between goods in neighbouring markets, especially when storage capacity is negligible. We analyse this in markets where strategic producers compete with supply functions, as in wholesale...

Persistent link: https://www.econbiz.de/10013036152

Perfect competition in an oligopoly (including bilateral monopoly)

Dubey, Pradeep (contributor); Sondermann, Dieter (contributor) - 2008

We show that if limit orders are required to vary smoothly, then strategic (Nash) equilibria of the double auction mechanism yield competitive (Walras) allocations. It is not necessary to have competitors on any side of any market: smooth trading is a substitute for price wars. In particular,...

Persistent link: https://www.econbiz.de/10003782307

Game theoretical, strategic forward contracting in the electricity market

Holmberg, Pär (contributor) - 2008

substitutes ; oligopoly ; electricity market …

Persistent link: https://www.econbiz.de/10003723934