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We revisit the debate on the optimal number of firms in the commons in a differential oligopoly game in which firms are either quantity-or price-setting agents. Production exploits a natural resource and involves a negative externality. We calculate the number of firms maximising industry...
Persistent link: https://www.econbiz.de/10011651748
We revisit the debate on the optimal number of firms in the commons in a differential oligopoly game in which firms are either quantity- or price-setting agents. Production exploits a natural resource and involves a negative externality. We calculate the number of firms maximizing industry...
Persistent link: https://www.econbiz.de/10014162788
We investigate a linear state dfferential game describing an asymmetric Cournot duopoly with capacity accumulation à la Ramsey and a negative environmental externality (pollution), in which one of the firms has adopted corporate social responsibility (CSR) in its statute, and therefore includes...
Persistent link: https://www.econbiz.de/10013048139
Persistent link: https://www.econbiz.de/10010413091
We investigate a linear state dfferential game describing an asymmetric Cournot duopoly with capacity accumulation à la Ramsey and a negative environmental externality (pollution), in which one of the firms has adopted corporate social responsibility (CSR) in its statute, and therefore includes...
Persistent link: https://www.econbiz.de/10011729939
We revisit the debate on the optimal number of firms in the commons in a differential oligopoly game in which firms are either quantity-or price-setting agents. Production exploits a natural resource and involves a negative externality. We calculate the number of firms maximising industry...
Persistent link: https://www.econbiz.de/10011731525
In recent years Open Innovation (OI) processes have been receiving growing attention from the empirical and theoretical economic literature, where a debate is taking place on the aspects of complementarity or substitutability between internal R&D and OI spillover. By means of a differential game...
Persistent link: https://www.econbiz.de/10010956780
We revisit the well known differential Cournot game with polluting emissions dating back to Benchekroun and Long (1998), proposing a version of the model in which environmental taxation is levied on emissions rather than the environmental damage. This allows to attain strong time consistency...
Persistent link: https://www.econbiz.de/10011819017
We revisit the adoption of voluntary export restraints (VERS) in the differential Cournot game with sticky price and intraindustry trade by Dockner and Haug (1991). The analysis relies on linear and nonlinear feedback strategies, to encompass the special cases considered in Fujiwara (2010) and...
Persistent link: https://www.econbiz.de/10011819708
The relationship amongst state-redundancy and time consistency of differential games is investigated. A class of state-redundant games is detected, where the state dynamics and the payoff functions of all players are additively separable w.r.t. control variables. We prove that, in this class of...
Persistent link: https://www.econbiz.de/10011651523