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We develop a mixed-duopoly model in which a private firm competes against a state owned enterprise (SOE) who cares about social welfare and is privately informed of market demand. When the SOE's social concerns are sufficiently important and when the market competitiveness is sufficiently low,...
Persistent link: https://www.econbiz.de/10013004757
our theory in the psychology of attribution, define self-serving behavior and provide experimental and survey evidence of … this phenomenon, and develop a model of price-quality competition that incorporates the empirical findings. In particular …
Persistent link: https://www.econbiz.de/10010341101
in separate stages, as then firms want to limit the toll competition by setting lower capacities; or when firms set … higher capacities. In our Stackelberg competition, the firms that act last have few if any capacity decisions to influence …. Hence, they are more concerned with the toll-competition substage, and set a higher volume/capacity ratio than sociall y …
Persistent link: https://www.econbiz.de/10011386470
. This holds if the public hospital is similar to the private hospital or less efficient and competition is low. The main … hospital compared to the first-best. However, if the public hospital is sufficiently more efficient and competition is fierce … oligopoly ; price regulation ; quality ; hospital competition …
Persistent link: https://www.econbiz.de/10008667618
In this paper, we study the rational for an incumbent to launch a second brand when facing potential entry in a market with quality differentiated products and a fringe producer. Depending on market size, costs for a second brand and a potential entrant’s setup cost the incumbent might use a...
Persistent link: https://www.econbiz.de/10010433926
mover advantage and quality differentiation in the sequential quality competition. -- Market share maximiziation ; Vertical …
Persistent link: https://www.econbiz.de/10008757547
We study the equilibrium and its stability property in a duopoly market in which minimum quality standards (MQS) are set, prices are regulated with links to product quality, and firms compete in quality. The adjustment dynamics are taken into account. We focus on the role that MQS play, in...
Persistent link: https://www.econbiz.de/10013085782
In this paper, we study the rational for an incumbent to launch a second brand when facing potential entry in a market with quality differentiated products and a fringe producer. Depending on market size, costs for a second brand and a potential entrant's setup cost the incumbent might use a...
Persistent link: https://www.econbiz.de/10013043582
understand how and to what extent CSA distorts market competition among airlines. With an application to Japanese domestic … airlines, structural estimates of our demand and supply models indicate that CSA would significantly lessen market competition …
Persistent link: https://www.econbiz.de/10014077048
We modify the vertically differentiated duopoly model by André et al. (2009) replacing Bertrand with Cournot behaviour to show that firms may spontaneously adopt a green technology even in the complete absence of any form of regulation.
Persistent link: https://www.econbiz.de/10011734533