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Real Options Game Models of R&D Competition between Asymmetric Firms with Spillovers

Leung, Chi Man - 2016

Using real options game models, we consider the characterization of strategic equilibria associated with an asymmetric R&D race between an incumbent firm and an entrant firm in the development of a new innovative product under market and technological uncertainties. The random arrival time of...

Persistent link: https://www.econbiz.de/10013008394

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

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

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

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

Competition between offline and online retailers with heterogeneous customers

Colombo, Stefano; Matsushima, Noriaki - 2019

We consider the spatial competition between two traditional physical (or offline) retailers and an Internet (or online) retailer where the efficiency of the latter differs from that of the former. We assume consumers are heterogeneous across two dimensions: (i) the costs of traveling to either...

Persistent link: https://www.econbiz.de/10012024739

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

The limited liability effect in experimental duopoly markets

Oechssler, Joerg; Schuhmacher, Frank - 2001

Persistent link: https://www.econbiz.de/10001645854

Allocating Ideas : Horizontal Competition in Tournaments

Ganuza, Juan José; Hauk, Esther - 2003

We develop a stylized model of horizontal and vertical competition in tournaments with two competing firms. The sponsor cares about the quality of the design but also about the design location. A priori not even the sponsor knows his preferred design location, which is only discovered once he...

Persistent link: https://www.econbiz.de/10014116684