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asymmetric Stackelberg market we obtain that some mergers are profitable. Our main result is that mergers among followers become …It is well known that the profitability of horizontal mergers with quantity competition is scarce. However, in an …
Persistent link: https://www.econbiz.de/10005515890
This note shows that the profitability of a merger between a leader and a follower in a Stackelberg market crucially …
Persistent link: https://www.econbiz.de/10010693316
This paper extends the partial (PE) and general equilibrium (GE) analyses of Nash and Stackelberg optimum export taxes … several results to report. First, depending on the leader's market share and cocoa supply elasticity, a Stackelberg optimum …, the consequences for the leaders' optimum tax rates are not certain. For countries with elastic supply Stackelberg leader …
Persistent link: https://www.econbiz.de/10005505212
Duopoly competition can take different forms: Bertrand, Cournot, Bertrand-Stackelberg, Cournot-Stackelberg and joint …
Persistent link: https://www.econbiz.de/10005536788
compare the results with the Stackelberg case. …
Persistent link: https://www.econbiz.de/10005475692
to become the Stackelberg leader, although the ratio between the leader's and the follower's capacities is smaller than … in the standard Stackelberg outcome. Capacity is built too early, resulting in welfare losses. The leader and the …
Persistent link: https://www.econbiz.de/10005423864
We present a formal model of symmetric n-firm Cournot oligopoly with a heterogeneous population of profit optimizers and imitators. Imitators mimic the output decision of the most successful firms of the previous round a la Vega-Redondo (1997). Optimizers play myopic best response to the...
Persistent link: https://www.econbiz.de/10004968446
The market structure for many mineral industries can be described as oligopoly with potential for Stackelberg …” Stackelberg (TS) model of non-renewable resource extraction, where firms move sequentially within each period and where both the …. Unlike static Stackelberg games, the follower does not necessarily have a second mover disadvantage. …
Persistent link: https://www.econbiz.de/10011261589
Persistent link: https://www.econbiz.de/10011091454
Рассматривается проблема управления системой «производитель–посредник–рынок» с учетом ограниченности рационального поведения экономических агентов и...
Persistent link: https://www.econbiz.de/10011226883