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; International Oligopoly ; Uniform Wages …
Persistent link: https://www.econbiz.de/10009501877
is severe. In a symmetric Bertrand oligopoly where products may differ only in their quality, production cost is …
Persistent link: https://www.econbiz.de/10011372971
textbook version theory of the optimal tariff in partial equilibrium. Rationalization of these effects suggests a political …
Persistent link: https://www.econbiz.de/10011374297
than under a cross-border merger outcome. -- Unionization ; International Oligopoly ; Endogenous Mergers ; Countervailing …We re-examine the common wisdom that cross-border mergers are the most effective merger strategy for firms facing …'s ability to extract rents. When asymmetries among fims vanish, then cross-border mergers are the unique equilibrium. However …
Persistent link: https://www.econbiz.de/10009725245
large enough. -- information sharing ; oligopoly ; networks ; Bayesian equilibrium …
Persistent link: https://www.econbiz.de/10009731783
We analyze a symmetric n-firm Cournot oligopoly with a heterogeneous population of optimizers and imitators. Imitators …
Persistent link: https://www.econbiz.de/10010366551
This paper demonstrates that the standard conclusions regarding the comparison of Cournot and Bertrand competition are reversed in a vertically related market with upstream monopoly and trading via two-part tariffs. In such a market, downstream Cournot competition yields higher output, lower...
Persistent link: https://www.econbiz.de/10010351502
Earlier work characterized pricing with switching costs as a dilemma between a short-term 'harvesting' incentive to increase prices versus a long-term 'investing' incentive to decrease prices. This paper shows that small switching costs may reduce firm profits and provide short-term incentives...
Persistent link: https://www.econbiz.de/10010250671
economy has become highly integrated, and foreign outsourcing has become a standard practice for firms. While trade theory …
Persistent link: https://www.econbiz.de/10011438940
firms compete in an international Cournot oligopoly, and in which countries use strategic trade policy. We find that firms …
Persistent link: https://www.econbiz.de/10011506470