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Hylton, Keith N. - 2018

Over a span of nearly 50 years Richard Posner's voice has loomed large over the subject of oligopoly pricing and … antitrust. The span begins in 1969 with Posner's publication of “Oligopoly and the Antitrust Laws: A Suggested Approach,” which …, suggest very different approaches to the enforcement of Section 1 in oligopoly pricing cases. In Part II, I describe the text …

Persistent link: https://www.econbiz.de/10012922494

Ranking Supply Function and Cournot Equilibria in a Differentiated Product Duopoly With Demand Uncertainty

Saglam, Ismail - 2018

In this paper, we provide a welfare ranking for the equilibria of the supply function and quantity competitions in a differentiated product duopoly with demand uncertainty. We prove that the expected consumer surplus is always higher under the supply function competition. By numerical...

Persistent link: https://www.econbiz.de/10012923733

Competing for Strategic Buyers

Meisner, Vincent - 2018

and oligopoly, if and only if a monopolist (with or without commitment power) optimally sells her capacity with …

Persistent link: https://www.econbiz.de/10012924228

Information Sharing Networks in Oligopoly

Currarini, Sergio - 2012

We study the incentives of oligopolistic firms to share private information on demand parameters. Differently from previous studies, we consider bilateral sharing agreements, by which firms commit at the ex-ante stage to truthfully share information. We show that if signals are i.i.d., then...

Persistent link: https://www.econbiz.de/10012712704

A Model of Oligopoly

Vallejo, Hernan - 2021

This article builds a simple model of oligopoly and uses it to make a detailed characterization of the equilibrium …

Persistent link: https://www.econbiz.de/10013217682

Third-Degree Price Discrimination in Oligopoly with Endogenous Input Costs

Miklós-Thal, Jeanine; Shaffer, Greg - 2021

This paper examines the output effect of third-degree price discrimination in symmetrically differentiated oligopoly …

Persistent link: https://www.econbiz.de/10013241795

Behavior-based price discrimination in the domestic and international mixed duopoly

Okuyama, Suzuka - 2022

This study investigates mixed markets in which a social welfare-maximizing public firm and a private firm engage in behavior-based price discrimination (BBPD). Total of two cases are considered: one where domestic shareholders completely own the private firm and one where foreign shareholders...

Persistent link: https://www.econbiz.de/10013272877

Coalition-Proof Supply Function Equilibria in Oligopoly

Delgado, Juan - 2015

In an industry where firms compete via supply functions, the set of equilibrium outcomes is large. If decreasing supply functions are ruled out, this set is reduced significantly, but remains large. Specifically, the set of prices that can be sustained by supply function equilibria is the...

Persistent link: https://www.econbiz.de/10013031737

Coalition-Proof Supply Function Equilibria Under Capacity Constraints

Delgado, Juan - 2015

Whereas in the absence of capacity constraints the Cournot outcome is the unique coalition-proof supply function equilibrium outcome, the presence of capacity constraints may enlarge the set of equilibrium outcomes. Interestingly, if capacities are sufficiently asymmetric the new equilibrium...

Persistent link: https://www.econbiz.de/10013031738

Quantity Competition in the Presence of Strategic Consumers

Bazhanov, Andrei V. - 2015

Oligopolistic retailers decide on the initial inventories of an undifferentiated limited-lifetime product offered to strategic consumers. A manufacturer sets the first-period (full) price, while the second-period (clearance) price is determined by a market clearing process. The resulting...

Persistent link: https://www.econbiz.de/10013034504