Showing 1 - 10 of 27
We enquiry about the effects of first and second order stochastic dominance shifts of the distribution of the consumers’ willingness to pay, within the standard model of a market with network externalities and hump-shaped demand curve. This issue is analyzed in the polar cases of perfect...
Persistent link: https://www.econbiz.de/10011261882
We examine both quantity and price competition in a mixed oligopoly. In a market in which the adoption of commitment strategies enables the public firm or a government to achieve welfare gains, profits of both the public and the private firms turn out to be higher under Cournot than Bertrand...
Persistent link: https://www.econbiz.de/10011082295
We consider a differentiated duopoly and endogenise the firm choice of the strategy variable (price or quantity) to play on the product market in the presence of network externalities. We model this choice by assuming both competition between entrepreneurial (owner-managed) firms and competition...
Persistent link: https://www.econbiz.de/10010729471
In this paper we present a model of spatial competition that highlights firms’ customization strategies in an imperfect competitive environment. The nature of competition in markets with products designed according to consumer preferences is discussed both in a framework of exogenous and...
Persistent link: https://www.econbiz.de/10010786875
We study the optimal manipulation rules of a public firm’s objective function in a mixed oligopoly with imperfect product substitutability. We start with a baseline duopoly model and compare the solutions under quantity and price competition, and the way they are affected by product...
Persistent link: https://www.econbiz.de/10010863153
The article shows that strategic quantity competition can be characterized by behavioral heterogeneity, once competing firms are allowed in a pre-market stage to optimally choose the behavioral rule they will follow in their strategic choice of quantities. In particular, partitions of the...
Persistent link: https://www.econbiz.de/10010865806
This paper reconsiders the literature on the irrelevance of privatization in mixed markets within which both quantity and price competition are investigated under product differentiation. By allowing for partially privatization of a state-controlled firm, we explore competition under different...
Persistent link: https://www.econbiz.de/10010931039
We consider the choice of price/quantity by a public and a private firm in a mixed differentiated duopoly. First, we study the way in which the strategic choice of the market variable is affected by different given organizational structures (managerial or entrepreneurial) of the public and the...
Persistent link: https://www.econbiz.de/10010668200
In this paper we analyze the effects of international competition in a mixed oligopoly framework, with price competition and differentiated products. The properties of equilibria, and the impact of policy measures such as privatizations and cross-border acquisitions, are studied both in a...
Persistent link: https://www.econbiz.de/10008738773
Persistent link: https://www.econbiz.de/10005005813