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This paper presents an empirical examination of oligopoly pricing and consumer search. The theoretical model allows for …
Persistent link: https://www.econbiz.de/10011451282
a multimarket oligopoly. The author shows that under oligopoly price discrimination, differences in competitive pressure …
Persistent link: https://www.econbiz.de/10012139178
The literature on cartel stability sidelines antitrust policy, whereas the literature on antitrust policy tends to neglect issues of cartel stability. This paper attempts to connect these two interrelated aspects in the context of an augmented quantity leadership model. The cartel is the...
Persistent link: https://www.econbiz.de/10012012419
In a Cournot-oligopoly with free but costly entry and business stealing, output per firm is too low and the number of … distortions occurring in oligopoly. Specifically, excessive entry is aggravated and the welfare loss due to market power rises. …
Persistent link: https://www.econbiz.de/10012015904
evaluation is also justified in a Cournot-oligopoly with free but costly entry. If input markets are competitive and output per … firm declines with the number of firms (business stealing), there is excessive entry into such oligopoly. If trade unions …
Persistent link: https://www.econbiz.de/10012024580
a multimarket oligopoly. The author shows that under oligopoly price discrimination, differences in competitive pressure …
Persistent link: https://www.econbiz.de/10012102737
This article presents a new approach to analyze the equilibrium set of symmetric, differentiable games by separating multiple symmetric equilibria and asymmetric equilibria. This separation allows the investigation of, for example, how various parameter constellations affect the scope for...
Persistent link: https://www.econbiz.de/10011744039
entry oligopoly, buyer surplus is U-shaped. If buyer surplus in the external market is low, local surplus is better provided … by local oligopoly, but moves against external surplus; if it is high, local and external surplus co-move, and local …
Persistent link: https://www.econbiz.de/10012026420
standard price and quantity setting oligopoly models. We then study the relation between the number of joint projects and …
Persistent link: https://www.econbiz.de/10011333896
This paper presents an empirical examination of oligopoly pricingand consumer search. The theoretical model allows for …
Persistent link: https://www.econbiz.de/10011335201