Showing 1 - 10 of 225
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/10010729833
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 investigate a linear state differential game describing an asymmetric Cournot duo- poly 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...
Persistent link: https://www.econbiz.de/10011095246
We investigate the possibility of using public firms to regulate polluting emissions in a Cournot oligopoly where production generates pollution and public firms are less efficient than private ones. In a differential game we compare (i) the Markov-Perfect Nash equilibrium under social planning;...
Persistent link: https://www.econbiz.de/10010883370
To safeguard analytical tractability and the concavity of objective functions, the vast majority of models belonging to oligopoly theory relies on the restrictive assumption of linear demand functions. Here we lay out the analytical solution of a differential Cournot game with hyperbolic inverse...
Persistent link: https://www.econbiz.de/10011052551
We analyze firms' location choices in a Hotelling model with two-dimensional consumer heterogeneity, along addresses and transport cost parameters (flexibility). Firms can price discriminate based on perfect data on consumer addresses and (possibly) imperfect data on consumer flexibility. We...
Persistent link: https://www.econbiz.de/10010956708
In this note we analyze the sustainability of collusion in a game of repeated interaction where firms can price discriminate among consumers based on two types of customer data. This work is related to Liu and Serfes (2007) and Sapi and Suleymanova (2013). Following Sapi and Suleymanova we...
Persistent link: https://www.econbiz.de/10010956721
<Para ID="Par1">We employ the theory of Bayesian potential games to characterize pure-strategy equilibria of a Bayesian game with finite type structures, taking into account the cost/benefit features of agents. Building on a standard model of oligopolistic competition also applicable to environmental issues...</para>
Persistent link: https://www.econbiz.de/10011240972
The assessment of income inequality can be investigated looking at the solution concepts of the cooperative game theory. We propose a multi-factorial decomposition of the Atkinson index by income sources and evaluate it as a cooperative game of the social cost of inequality. This framework...
Persistent link: https://www.econbiz.de/10010878111
We derive analytic implicit form conditions for the qualitative analysis of government spending multipliers and the optimal level of government spending in presence of non-separability between private and public components of aggregate demand. Using the simplest neo-classical flexible price...
Persistent link: https://www.econbiz.de/10010846024