Similar Search Results

Oligopolistic Competition in Price and Quality

Dubovik, Andrei; Janssen, Maarten - 2011

We consider an oligopolistic market where firms compete in price and quality and where consumers have heterogeneous information: some consumers know both the prices, and quality of the products offered, some know only the prices, and some know neither. We show that if there are sufficiently many...

Persistent link: https://www.econbiz.de/10014216585

Pre-Emptive Horizontal Mergers : Theory and Evidence

Molnar, Jozsef - 2007

pursue value-decreasing mergers. It can be optimal to overpay for a target firm and decrease shareholder value if the loss is …

Persistent link: https://www.econbiz.de/10014223569

Tax Incidence in Differentiated Product Oligopoly

Anderson, Simon P.; de Palma, Andre; Kreider, Brent - 2000

We analyze the incidence of ad valorem and unit excise taxes in an oligopolistic industry with differentiated products and price-setting (Bertrand) firms. Both taxes may be passed on to consumers by more than 100 percent, and an increase in the tax rate can increase short run firm profits (and...

Persistent link: https://www.econbiz.de/10014163258

Uncertainty, Market Structure and Strategic Trade Policy

Ning, Haokai - 2022

We introduce demand uncertainty into the context of strategic trade policy in an export rivalry market model, and we examine endogenous timing in the framework of Cournot-Stackelberg duopoly when firms decide in the first stage whether to set output level before or after resolution of...

Persistent link: https://www.econbiz.de/10014237069

On the Properties of Linear Supply Functions in Oligopoly

Delbono, Flavio; Lambertini, Luca - 2015

In this note we revisit the result by Menezes and Quiggin (2012), showing that under linear supply function competition, the same Nash equilibrium results when firms choose slopes or intercepts of their supply functions. This is because the first order conditions emerging in the two strategy...

Persistent link: https://www.econbiz.de/10014134938

Oligopolistic Price Competition with a Continuous Demand

Blavatskyy, Pavlo R. - 2015

Two related models of oligopolistic price competition with homogeneous products are presented. These models are based on weaker assumptions about consumer behavior compared to a classical Bertrand model. In both models firms do not necessarily face a discontinuous demand at an equilibrium price...

Persistent link: https://www.econbiz.de/10014135801

Quantity Precommitment in an Experimental Oligopoly Market

Muren, Astri - 2001

The paper describes an experiment designed to test if the equilibrium in a market characterized by capacity precommitment followed by price competition, as in the Kreps and Scheinkman model, conforms with the outcome predicted by that model, which is that capacities coincide with Cournot output...

Persistent link: https://www.econbiz.de/10014141363

Tacit Collusion Under Interest Rate Fluctuations

Dal Bo, Pedro - 2002

in which it is more realistic to assume a fluctuating discount factor. In a repeated oligopoly, as the interest rate …

Persistent link: https://www.econbiz.de/10014122852

The Oligopolistic Pricing Problem - A Suggested Price Freeze Remedy

Sagi, Guy - 2007

In this paper I set forth an antitrust remedy for the oligopolistic pricing problem. Oligopoly pricing resembles a … therefore propose the implementation of a price freeze scheme in oligopoly markets by which an oligopolist that significantly … lowers its price would freeze its rivals' prices at their previously higher oligopoly level for a defined period of time. A …

Persistent link: https://www.econbiz.de/10014049971

Bilateral Oligopoly, Private Information, and Pollution Permit Markets

Malueg, David A.; Yates, Andrew - 2013

We analyze the effects of strategic behavior and private information in pollution permit markets in which all firms have market power. The market is characterized by supply-function equilibria. Firms submit net supplies for permits and a market maker selects the market-clearing price. Net...

Persistent link: https://www.econbiz.de/10014052070