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Persistent link: https://www.econbiz.de/10005647209
We propose an Equilibrium concept, called Undercut-Proof equilibrium, for price competition between firms producing …
Persistent link: https://www.econbiz.de/10005647222
If the allocations of a differential information economy are defined as incentive compatible state -contingent lotteries over consumption goods, competitive equilibrium allocations exist and belong to the (ex-ante incentive) core. Furthermore, any competitive equilibria allocation can be viewed...
Persistent link: https://www.econbiz.de/10005647238
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either cooperation or competition, the equilibrium payoffs of optimists may be higher than those of realists. This is because …
Persistent link: https://www.econbiz.de/10005647281
We study the electoral competition between two parties vying for seats in a legislature. The electorate includes …
Persistent link: https://www.econbiz.de/10005647283
This paper presents an empirical study of spatial competition and a methodological approach to estimating product … analyze competition for viewers in the television industry. We find four latent attributes along which the shows are …
Persistent link: https://www.econbiz.de/10005647305
Persistent link: https://www.econbiz.de/10005647329
This paper explores the empirical effects of competition on technical efficiency in the context of electricity industry …
Persistent link: https://www.econbiz.de/10005647381
In 2003, the UK `liberalised' its telephone directory enquiries service with the aim of introducing competition so as … competition to supply that choice. …
Persistent link: https://www.econbiz.de/10005647421