Narrow search
Showing 1 - 10 of 959
Cover Image
Collusive agreements in vertically differentiated markets
Marini, Marco A. - 2017
This paper introduces a number of game-theoretic tools to model collusive agreements among firms in vertically differentiated markets. I firstly review some classical literature on collusion between two firms producing goods of exogenous different qualities. I then extend the analysis to a...
Persistent link: https://www.econbiz.de/10011660599
Cover Image
Myopic oligopoly pricing
Bos, Iwan; Marini, Marco; Saulle, Riccardo D. - 2021
This paper examines capacity-constrained oligopoly pricing with sellers who seek myopic improvements. We employ the …
Persistent link: https://www.econbiz.de/10012814516
Cover Image
Providing efficient network access to green power generators : a long-term property rights perspective
Petropoulos, Georgios; Willems, Bert - 2016
Coordinating the timing and location of new production facilities is one of the challenges of liberalized power sectors. It is complicated by the presence of transmission bottlenecks, oligopolistic competition, and the unknown prospects of low-carbon technologies. The authors build a model...
Persistent link: https://www.econbiz.de/10011613836
Cover Image
Incentives for price manipulation in emission permit markets with Stackelberg competition
André, Francisco J.; Castro, Luis M. de - 2015
It has been shown in prior research that cost effectiveness in the competitive emissions permit market could be affected by tacit collusion or price manipulation when the corresponding polluting product market is oligopolistic. We analyze these cross market links using a Stackelberg model to...
Persistent link: https://www.econbiz.de/10010476200
Cover Image
Vertical differentiation and collusion : cannibalization or proliferation?
Gabszewicz, Jean Jaskold; Marini, Marco A.; Tarola, Ornella - 2016
In this paper, we tackle the dilemma of pruning versus proliferation in a vertically differentiated oligopoly under the …
Persistent link: https://www.econbiz.de/10011451580
Cover Image
Stability of collusion and quality differentiation : a Nash bargaining approach
Athanasopoulos, Thanos; Dindaroglu, Burak; Petropoulos, … - 2021
parameter that determines firms' market strategies. We study collusion in a quality-differentiated duopoly and we adopt a Nash …
Persistent link: https://www.econbiz.de/10012655386
Cover Image
Per unit and ad valorem : royalties in a patent licensing game
Montinaro, Marta; Pal, Rupayan; Scimitore, Marcella - 2020
In a context of product innovation, we study two-part tariff licensing between a patentee and a potential rival which compete in a differentiated product market characterized by network externalities. The latter are shown to crucially affect the relative profitability of Cournot vs. Bertrand...
Persistent link: https://www.econbiz.de/10012306713
Cover Image
Mergers under asymmetric information - is there a lemons problem?
Borek, Thomas (contributor); Bühler, Stefan (contributor);  … - 2004 - [Elektronische Ressource]
. -- merger ; asymmetric information ; oligopoly ; single crossing …We analyze a Bayesian merger game under two-sided asymmetric information about firm types. We show that the standard …
Persistent link: https://www.econbiz.de/10002202342
Cover Image
Information sharing networks in linear quadratic games
Currarini, Sergio; Feri, Francesco - 2013
We study the bilateral exchange of information in the context of linear quadratic games. An information structure is … study the equilibrium use of information in any given sharing network, finding that the extent to which a piece of … information is "public" affects the equilibrium use of it, in line with previous results in the literature. We then study the …
Persistent link: https://www.econbiz.de/10009756291
Cover Image
The principle of minimum differentiation revisited : return of the median voter
Hanaki, Nobuyuki; Tanimura, Emily; Vriend, Nicolaas J. - 2016
We study a linear location model (Hotelling, 1929) in which n (with n = 2) boundedly rational players follow (noisy) myopic best-reply behavior. We show through numerical and mathematical analysis that such players spend almost all the time clustered together near the center, re-establishing the...
Persistent link: https://www.econbiz.de/10011447055