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Amir, Rabah; De Feo, Giuseppe - 2012

the corresponding Cournot equilibrium. From a methodological viewpoint we make extensive use of the basic results from the …

Persistent link: https://www.econbiz.de/10010343823

Quantity competition vs. price competition under optimal subsidy in a mixed duopoly

Scrimitore, Marcella - 2012

This paper reconsiders the literature on the irrelevance of privatization in mixed markets, addressing both quantity and price competition in a duopoly with differentiated products. By allowing for partially privatizing a state-controlled firm, we explore competition under different timings of...

Persistent link: https://www.econbiz.de/10011526650

Cournot vs Stackelberg Equilibria with a Public Enterprise and International Competition

Cornes, Richard; Sepahvand, Mehrdad - 2003

' order of moves to show that i) Cournot competition is not the subgame perfect Nash equilibrium of the extended game, ii) the …

Persistent link: https://www.econbiz.de/10014075193

Number of firms, rationing, matching, and knowledge : a comprehensive study of variations in experimental Kreps-Scheinkman markets

Jacobs, Martin - 2016

generally more competitive than the Cournot outcome, irrespective of whether the Cournot outcome is the Nash equilibrium or not …. Nevertheless, the Cournot model entails some predictive power. Exact Cournot choices are more likely to occur for both capacities … and prices under efficient demand rationing, where the Cournot outcome is the equilibrium, than under proportional …

Persistent link: https://www.econbiz.de/10011411149

Cournot meets Bayes-Nash : A discontinuity in behavior in finitely repeated duopoly games

Argenton, Cédric; Ivanova-Stenzel, Radosveta; Müller, … - 2022

We conduct a series of Cournot duopoly market experiments with a high number of repetitions and fixed matching. Our …

Persistent link: https://www.econbiz.de/10013295651

Cournot meets Bayes-Nash : a discontinuity in behavior in finitely repeated duopoly games

Argenton, Cédric; Ivanova-Stenzel, Radosveta; Müller, … - 2023

We conduct a series of Cournot duopoly market experiments with a high number of repetitions and fixed matching. Our …

Persistent link: https://www.econbiz.de/10014487322

Leadership and Privatisation in a Mixed Multi‐Product Oligopoly : An Endogenous Timing Model

Ye, Guangliang - 2016

This paper examines both leadership choice and welfare consequences of privatisation in an endogenous timing mixed multi‐product oligopoly. It shows that a multi‐product firm undermines the welfare‐maximising efforts of a public firm by cross‐subsidising. The paper demonstrates that a...

Persistent link: https://www.econbiz.de/10014127133

Per unit and ad valorem : royalties in a patent licensing game

Montinaro, Marta; Pal, Rupayan; Scimitore, Marcella - 2020

the relative profitability of Cournot vs. Bertrand when a per unit royalty is applied. By contrast, we find that Cournot …

Persistent link: https://www.econbiz.de/10012306713

On the (non) existence of a price equilibrium in delegation games with relative performance compensation

Kopel, Michael; Lambertini, Luca - 2012

We show that Miller and Pazgal.s (2001) model of strategic delegation, in which managerial incentives are based upon relative performance, is affected by a non-existence problem which has impact on the price equilibrium. The undercutting incentives generating this result are indeed similar to...

Persistent link: https://www.econbiz.de/10011734216

Electronic coordination in oligopolistic markets : impact on transport costs and product differentiation

Bandulet, Martin; Morasch, Karl - 2002

"Electronic coordination links markets at different locations that have initially been (partially) separated by transport costs. Rising competitive pressure should in turn affect incentives to differentiate products. In this paper investment decisions concerning transport cost reduction and...

Persistent link: https://www.econbiz.de/10001736217