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The effects of entry in bilateral oligopoly
Dickson, Alex - In: Games 4 (2013) 3, pp. 283-303
The purpose of this paper is to study the effects of entry into the market for a single commodity in which both sellers …’ payoffs may increase. The conditions under which entry by new sellers raises the equilibrium payoffs of existing sellers are … sellers, and encompass entirely standard economic environments. Similar results are derived relating to the entry of …
Persistent link: https://www.econbiz.de/10009785457
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The Effects of Entry in Bilateral Oligopoly
Dickson, Alex - In: Games 4 (2013) 3, pp. 283-303
The purpose of this paper is to study the effects of entry into the market for a single commodity in which both sellers …’ payoffs may increase. The conditions under which entry by new sellers raises the equilibrium payoffs of existing sellers are … sellers, and encompass entirely standard economic environments. Similar results are derived relating to the entry of …
Persistent link: https://www.econbiz.de/10010670656
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The effects of entry in thin markets
Dickson, Alex - Scottish Institute for Research in Economics (SIRE) - 2010
We consider entry of additional firms into the market for a single commodity in which both sellers and buyers are … competition, contrary to the conventional wisdom. We characterize the conditions under which entry by new sellers may raise the …
Persistent link: https://www.econbiz.de/10010553635
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The effects of Entry in thin markets
Dickson, Alex - Economics Department, University of Strathclyde - 2010
We consider entry of additional firms into the market for a single commodity in which both sellers and buyers are … competition, contrary to the conventional wisdom. We characterize the conditions under which entry by new sellers may raise the …
Persistent link: https://www.econbiz.de/10008606480
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On Cobb-Douglas preferences in bilateral oligopoly
Dickson, Alex - In: Recherches économiques de Louvain 79 (2013) 4, pp. 89-110
Persistent link: https://www.econbiz.de/10010251403
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On Cobb-Douglas Preferences in Bilateral Oligopoly
Dickson, Alex - In: Recherches économiques de Louvain 79 (2013) 4, pp. 89-110
Bilateral oligopoly is a simple model of exchange in which a finite set of sellers seek to exchange the goods they are endowed with for money with a finite set of buyers, and no price-taking assumptions are imposed. If trade takes place via a strategic market game bilateral oligopoly can be...
Persistent link: https://www.econbiz.de/10011187375
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On Cobb-Douglas Preferences in Bilateral Oligopoly
Dickson, Alex - Scottish Institute for Research in Economics (SIRE) - 2013
Bilateral oligopoly is a simple model of exchange in which a finite set of sellers seek to exchange the goods they are endowed with for money with a finite set of buyers, and no price-taking assumptions are imposed. If trade takes place via a strategic market game bilateral oligopoly can be...
Persistent link: https://www.econbiz.de/10011075698
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Successive Oligopolies in a Pure Exchange Economy
Lahiri, Somdeb - In: Journal of Reviews on Global Economics 1 (2012), pp. 150-156
In this paper we assume a market structure in which there are whole-sellers, retailers and consumers. The product sold to the consumers is initially endowed with the whole-sellers. The whole-sellers value both the product and money. The retailers are not endowed with anything at all. The...
Persistent link: https://www.econbiz.de/10010667374
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Aggregate comparative statics
Acemoglu, Daron; Jensen, Martin Kaae - In: Games and economic behavior 81 (2013), pp. 27-49
Persistent link: https://www.econbiz.de/10010358109
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Aggregate comparative statics
Acemoglu, Daron; Jensen, Martin Kaae - In: Games and Economic Behavior 81 (2013) C, pp. 27-49
In aggregative games, each playerʼs payoff depends on her own actions and an aggregate of the actions of all the players. Many common games in industrial organization, political economy, public economics, and macroeconomics can be cast as aggregative games. This paper provides a general and...
Persistent link: https://www.econbiz.de/10011049861