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Customer Service Quality and Incomplete Information in Mobile Telecommunications: A Game Theoretical Approach to Consumer Protection
perez-amaral, teodosio; Zorzano, Rafael López; … - Facultad de Ciencias Económicas y Empresariales, … - 2012
There is growing evidence that low-quality customer service prevails in the mobile telecommunications industry. In this paper we provide theoretical support to this empirical observation by using simple game theoretical models where inefficient low-quality service levels are part of an...
Persistent link: https://www.econbiz.de/10010800876
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GAME THEORY:A Nontechnical Introduction to the Analysis of Strategy(Revised Edition)
McCain, Roger A - World Scientific Publishing Co. Pte. Ltd.
This book serves as an introduction to game theory for students with no prior game theory knowledge, or with limited … approach to game theory, while simultaneously exploring cooperative games, repeated play, correlated equilibrium, and a range …
Persistent link: https://www.econbiz.de/10008773980
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On Stackelberg’s oligopoly theory
Heertje, Arnold - In: Journal of Economic Studies 23 (1996) October, pp. 48-57
Goes back to thinking on the price theory of oligopoly in 1960. In particular, is concerned with Stackelberg …’s oligopoly theory. Presents a careful description of the development of Stackelberg’s analysis. Takes into account his … mathematical appendix. Confronts the theory with game theory and concludes that in a dynamic game a Nash-Cournot equilibrium will …
Persistent link: https://www.econbiz.de/10005003340
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Justifiability of Bayesian Implementation in Oligopolistic Markets
Koray, Semih; Saglam, Ismail - Volkswirtschaftliche Fakultät, … - 1997
We show that in oligopolistic markets the social choice correspondence which selects all socially efficient outcomes is Nash implementable if the number of firms is at least two. Thus, monopoly regulation whenever consumers are favored by the designer or the society is the only framework, among...
Persistent link: https://www.econbiz.de/10005835475
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‘Make-or-Buy’ in International Oligopoly and the Role of Competitive Pressure
Dermot, Leahy; Catia, Montagna - Volkswirtschaftliche Fakultät, … - 2007
We study how competitive pressure influences the make-or-buy decision that oligopolistic firms face between producing an intermediate component in-house or purchasing it from a domestic supplier. We model outsourcing as a bilateral relationship in which the supplier undertakes relationship...
Persistent link: https://www.econbiz.de/10005836743
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Bertrand-Edgeworth games under oligopoly with a complete characterization for the triopoly
Francesco, Massimo A. De; Salvadori, Neri - Volkswirtschaftliche Fakultät, … - 2008
symmetric oligopoly.We first provide some general results for the oligopoly and then focus on the triopoly, providing a complete …
Persistent link: https://www.econbiz.de/10005836834
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Policy and Product Differentiations Encourage the International Transfer of Environmental Technologies
Hattori, Keisuke - Volkswirtschaftliche Fakultät, … - 2007
with international oligopoly and transboundary pollution, and shows that policy differentiation between the donor and …
Persistent link: https://www.econbiz.de/10005837075
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Bertrand-Edgeworth games under oligopoly with a complete characterization for the triopoly
Francesco, Massimo A. De; Salvadori, Neri - Volkswirtschaftliche Fakultät, … - 2008
symmetric oligopoly. We first provide some general results for the oligopoly and then focus on the triopoly, providing a …
Persistent link: https://www.econbiz.de/10005837398
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Is the Service Quality of Private Roads too Low, too High, or just Right when Firms compete Stackelberg in Capacity?
Berg, Vincent A.C. van den; Verhoef, Erik T. - Tinbergen Institute - 2011
We study road supply by competing firms between a single origin and destination. In previous studies, firms simultaneously set their tolls and capacities while taking the actions of the others as given in a Nash fashion. Then, under some widely used technical assumptions, firms set a...
Persistent link: https://www.econbiz.de/10009201124
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Market frictions: A unified model of search costs and switching costs
Wilson, Chris M. - In: European Economic Review 56 (2012) 6, pp. 1070-1086
It is well known that search costs and switching costs can create market power by constraining the ability of consumers to change suppliers. While previous research has examined each cost in isolation, this paper demonstrates the benefits of examining the two types of friction in unison. The...
Persistent link: https://www.econbiz.de/10010597477