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higher free flow transport costs but is less prone to congestion (ample public transport capacity, parking etc.). Both … fixed costs. In the absence of any government regulation, there will be an asymmetric duopoly game that can be solved for a … congestion for the nearby subcentre. We study the welfare effects of a number of stylised policies by setting up a general model …
Persistent link: https://www.econbiz.de/10012733119
We analyze whether different learning abilities of firms with respect to general equilibrium effects lead to different levels of unemployment. We consider a general equilibrium model where firms in one sector compete à la Cournot and a real wage rigidity leads to unemployment. If firms consider...
Persistent link: https://www.econbiz.de/10009781719
We analyze whether different learning abilities of firms with respect to general equilibrium effects lead to different levels of unemployment. We consider a general equilibrium model where firms in one sector compete a la Cournot and a real wage rigidity leads to unemployment. If firms consider...
Persistent link: https://www.econbiz.de/10013320985
This paper explores the impact of product liability on vertical product differentiation when product safety is perfectly observable. In a two-stage competition, duopolistic firms are subject to strict liability and segment the market such that a low-safety product is marketed at a low price to...
Persistent link: https://www.econbiz.de/10010507682
This paper explores the impact of product liability on vertical product differentiation when product safety is perfectly observable. In a two-stage competition, duopolistic firms are subject to strict liability and segment the market such that a low-safety product is marketed at a low price to...
Persistent link: https://www.econbiz.de/10010509593
This paper aims at participating in the long-lasting debate about the analytical foundations of the Cournot equilibrium. In a homogeneous oligopoly, under standard regularity conditions, we prove that Cournot-Nash emerges both under (i) price competition and Cournot conjectures; and (ii) supply...
Persistent link: https://www.econbiz.de/10011715827
Using the coefficient of cooperation, we analyse the effect of cost asymmetries on collusive agreements when firms are able to coordinate on distinct output levels than the unrestricted joint profit maximization outcome. In this context, we first investigate the extent to which collusive...
Persistent link: https://www.econbiz.de/10011982484
We analyze unit and ad valorem taxes in Edgeworth-Bertrand duopoly. In Edgeworth-Bertrand duopoly the mode of …
Persistent link: https://www.econbiz.de/10012974837
This paper aims at participating in the long-lasting debate about the analytical foundations of the Cournot equilibrium. In a homogeneous oligopoly, under standard regularity conditions, we prove that Cournot-Nash emerges both under (i) price competition and Cournot conjectures; and (ii) supply...
Persistent link: https://www.econbiz.de/10013024253
Using the coefficient of cooperation, we analyse the effect of cost asymmetries on collusive agreements when firms are able to coordinate on distinct output levels than the unrestricted joint profit maximization outcome. In this context, we first investigate the extent to which collusive...
Persistent link: https://www.econbiz.de/10013243009