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different market structures (monopoly, oligopoly with competitive fringe, oligopoly (Cournot) and perfect competition) on the …
Persistent link: https://www.econbiz.de/10014494507
Within the area of Behavioral game theory, we focus on a specific context, namely, on a game we called the Alternative …
Persistent link: https://www.econbiz.de/10011538730
Taking as a reference a model in which there are a public firm, a national private firm and a foreign private one, it is analyzed both mergers sustainability and their relative effects on welfare. It is proved that the merger between the public firm and either the national or the international...
Persistent link: https://www.econbiz.de/10011538734
This article applies game theory in the company under study, in order to optimize the competitive strategy with respect … the company taken as a case study. The objective of the study is to explain how game theory helps decision making through … company under study, applying game theory. The result of the investigation indicates that the implementation of game theory in …
Persistent link: https://www.econbiz.de/10014494554
We study cartel stability in a differentiated price-setting duopoly with returns to scale. We show that a cartel may be equally stable in the presence of lower differentiation, provided that the decreasing returns parameter is high. In addition we demonstrate that for a given factor of discount,...
Persistent link: https://www.econbiz.de/10010289474