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This paper investigates the effect of product differentiation on the real and financial decisions of a publicly-owned firm, competing <InlineEquation ID="IEq1"> <EquationSource Format="TEX">$$\grave{a}$$</EquationSource> </InlineEquation> la Cournot with another privately-owned firm. The results show that the degree of product differentiation affects the stock price coefficients...</equationsource></inlineequation>
Persistent link: https://www.econbiz.de/10010987614
Persistent link: https://www.econbiz.de/10010936245
The recent theoretical research on the informational effect of insider trading in the spirit of Kyle (1985) and Jain and Mirman (1999) was mainly interested in the interaction between the financial and real decisions of the insider, taking into consideration different market structures in both...
Persistent link: https://www.econbiz.de/10010943019
In this paper, we analyze the effect of Cournot competition with differentiated products on the real and financial decisions of a publicly-owned firm, with three different structures in the financial market : monopoly, duopoly and Stackelberg. We shows that the degree of product differentiation...
Persistent link: https://www.econbiz.de/10009651935
In this paper, we analyze the effect of Cournot competition with differentiated products on the real and financial decisions of a publicly-owned firm, with three different structures in the financial market : monopoly, duopoly and Stackelberg. We shows that the degree of product differentiation...
Persistent link: https://www.econbiz.de/10009652978
We study an extension of Jain and Mirman (1999) with two insiders under three different market structures : (i) Cournot competition among the insiders, (ii) Stackelberg game between the insiders and (iii) monopoly in the real market and Stackelberg in the financial market. We show how the...
Persistent link: https://www.econbiz.de/10009372702
In this paper, we study the real and financial effects of insider trading in the spirit of Jain and Mirman (1999). Unlike the previous works that address this issue, we suppose that the production of the real good is costly and depends mainly of the price of an intermediate good produced locally...
Persistent link: https://www.econbiz.de/10009402125
In this paper, we study the real and financial effects of insider trading in the spirit of Jain and Mirman (1999). Unlike the previous works that address this issue, we suppose that the production of the real good is costly and depends mainly of the price of an intermediate good produced locally...
Persistent link: https://www.econbiz.de/10009645273
We study an extension of Jain and Mirman (1999) with two insiders under three different market structures: (i) Cournot competition among the insiders, (ii) Stackelberg game between the insiders and (iii) monopoly in the real market and Stackelberg in the financial market. We show how the...
Persistent link: https://www.econbiz.de/10009359832
La littérature économique récente sur l'impact de la migration sur le pays d'origine n'a pas réussi à analyser l'effet de la migration sur le chômage et le taux de salaire surtout dans les zones urbaines. A l'aide d'un MEGC détaillé appliqué à l'économie marocaine, nous sommes...
Persistent link: https://www.econbiz.de/10010750487