demand. The results support the view that entry deterrence should be a rare event for growing dynamic markets with ample …

Uncertainty about the level of demand is thought to influence irreversible capacity decisions. This paper examines some … capacity sufficient to supply positive local demand shocks. In the presence of uncertain demand, firms may choose to serve … the average level of excess capacity and demand volatility only for coastal areas. An increase in demand volatility is …

This paper analyses the interplay of capacity utilisation, capacity constraints, demand constraints and price … reluctant to reduce prices in response to demand constraints. At the macro level, the implied capacity-utilisation Phillips … curve has a convex shape during periods of excess demand and a concave shape during periods of excess supply. Our results …

In this paper, I compare two-part tariff competition to linear pricing in a vertically differentiated duopoly …

market structure from monopoly to duopoly under the assumption that software producers compete in technology rather than …, i.e. innovation. It is found that: (i) moving from monopoly to duopoly does increase the technology level set by firms … in the software industry; (ii) a duopoly adjusts more readily to global technological progress than a monopolist …

In a duopoly market, aspiration levels express how much sellers want to earn given their expectations about the other …

This paper studies a Cournot duopoly in international trade so that the firms are exposed to exchange rate risk. A …

rule, the price-sensitivity of demand declines when expectations are more stubborn. An increase of stubbornness i) reduces … competition, ii) increases (decreases) the parameter region with a unique duopoly equilibrium (multiple equilibria), iii) reduces …

framework of an international duopoly with environmental regulations, this paper shows that an environmental tax imposed by the …

In a duopoly industry with environmentally differentiated products, we examine the effects of introducing a mandatory …