Capacity constraints on production have major effects on a standard monopoly, a monopoly that price discriminates between two submarkets, and a monopoly that sells in two submarkets and faces a price control in only one.

This paper investigates simultaneous move capacity constrained price competition game among three firms. I find that equilibria in an asymmetric oligopoly are substantially different from those in the duopoly and symmetric oligopoly. I characterize mixed strategy equilibria and show there exist...

We study the effects of price-matching in a capacity-constrained duopoly setting. We show that no firm does worse at any pure equilibrium under price-matching relative to Bertrand, but as capacity increases, one or both firms do better relative to Bertrand. If the firms choose their capacities...

Chung and Huang (2007) designed recently a two-warehouse inventory model for deteriorating items when the supplier offers the retailer a delay period and in turn the retailer provides a delay period to their customers. They assumed that the stocks of RW are transported to OW via a continuous...

Purpose – The purpose of this paper is to examine the potential effect of busy season resource constraints on the selection of a new auditor, conditioned upon the status of the prior auditor. Design/methodology/approach – The paper employs multivariate logistic regressions for a sample of...

This paper studies monopoly extraction of a nonrenewable resource with the presence of a competitively supplied capacity constrained renewable substitute. The monopolist staves off the renewable supply when the latter becomes competitive and then lets the resource price jump up.