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We introduce foreign private firms into the model of Pal (1998) and investigate the impact of the introduction of foreign private firms on the endogenous timing in a mixed oligopoly in the linear demand case.We find that the public firm chooses to be a follower of all domestic private firms and...
Persistent link: https://www.econbiz.de/10009278163
We investigated the endogenous choice of roles by managerial firms in the presence of unilateral externality. The choice over timing can be taken either by managers or by owners. It is shown that (i) the choice of the timing by managers entails the same profit that owners would have achieved by...
Persistent link: https://www.econbiz.de/10009205012
We consider a game of endogenous timing with observable delay in a mixed duopoly with endogenous vertical differentiation in the context of sequential quality and price choice. We find that a simultaneous play in the first opportunity at each stage turns out to be the unique subgame perfect Nash...
Persistent link: https://www.econbiz.de/10009205014
The aim of this paper is to extend Hamilton and Slutsky's (1990) endogenous timing game by including the possibility for players to cooperate. At an initial stage players are assumed to announce both their purpose to play early or late a given duopoly game as well as their intention to cooperate...
Persistent link: https://www.econbiz.de/10009206347
This paper builds a theory of endogenous role distribution (leader, follower, and Nash player) and of endogenous choice for the type of competition strategy (price and quantity) in a product differentiated duopoly model. We examine an extended game by adding a pre-play stage in which duopoly...
Persistent link: https://www.econbiz.de/10010681757
We consider a game of endogenous timing of sequential choice of capacity and quantity with observable delay in a mixed duopoly and a private duopoly under two possible time structures. In mixed duopoly, we find that a simultaneous play at the capacity stage or at the quantity stage can never be...
Persistent link: https://www.econbiz.de/10005518266
entry barrier that ultimately enabled the recoupment of profits at some later time. We offer an alternative to this two …
Persistent link: https://www.econbiz.de/10014179000
In spatial competition firms are likely to be uncertain about demand when launching products either because of shifting demographics or of asymmetric information about preferences. This paper considers two types of prices: those set on prior information and flexible prices which adjust across...
Persistent link: https://www.econbiz.de/10013128129
In spatial competition iuml;B01rms are likely to be uncertain about consumer locations when launching products either because of shifting demographics or of asymmetric information about preferences. Realistically distributions of consumer locations should be allowed to vary over states and need...
Persistent link: https://www.econbiz.de/10012724699
Italian Abstract: Vengono esposti i tradizionali modelli di oligopolio con bene omogeneo a mosse simultanee, sequenziali e colllusive, con variabile strategica quantità o prezzo. L'utilizzo di funzioni lineari permette di calcolare e comparare tutte le soluzioni
Persistent link: https://www.econbiz.de/10012857077