We investigate government subsidy policies in which a home firm and a foreign firm choose to strategically set prices or quantities in a third market. We show that even though each firm can earn higher profits under Cournot competition than under Bertrand competition regardless of the nature of...

We investigate government subsidy policies in which a home firm and a foreign firm choose to strategically set prices or quantities in a third market. We show that even though each firm can earn higher profits under Cournot competition than under Bertrand competition regardless of the nature of...

We examine that the bilateral supplier affects the incentive contracts that owners of retailers offer their managers, assuming that the manufacturer sets the input price after observing the terms of the incentive contracts offered to management in the downstream market. Thus, we compare the two...

Using two-part tariff under mutual outsourcing between symmetric downstream firms, we demonstrate endogenous choice of vertical structure with each exclusive channel. Recent market structure captures that the mutual outsourcing has become a common business practice in technology intensive...

Purpose – Ride-sharing is an economical, convenient, and environment-friendly way to travel. Robotaxi, which reflects the two themes ”ride-sharing + self-driving”, is in the “going public” stage. Therefore, pre-research on public willingness to use robotaxi is of great significance for...