Showing 1 - 10 of 9,598
The trade-off between the costs and benefits of disclosing a firm's private information has been the object of a vast literature. The absence of incentives to share information on a common market demand prior to competition has been advocated to interpret information sharing as evidence of...
Persistent link: https://www.econbiz.de/10013171765
stable networks for the general linear quadratic game. For the case of correlated signals, we study pair-wise stable networks … for three specific linear quadratic games - Cournot oligopoly, Keynes' beauty contest and Public good provision - in which …
Persistent link: https://www.econbiz.de/10010313224
stable networks for the general linear quadratic game. For the case of correlated signals, we study pair-wise stable networks … for three specific linear quadratic games - Cournot oligopoly, Keynes’ beauty contest and Public good provision - in which …
Persistent link: https://www.econbiz.de/10010665515
stable networks for the general linear quadratic game. For the case of correlated signals, we study pair-wise stable networks … for three specific linear quadratic games - Cournot oligopoly, Keynes' beauty contest and Public good provision - in which …
Persistent link: https://www.econbiz.de/10009756291
This paper discusses the question whether self-learning price-setting algorithms are able to coordinate their pricing behaviour to achieve a collusive outcome that maximizes the joint profits of the firms using these algorithms. While the legal literature generally assumes that algorithmic...
Persistent link: https://www.econbiz.de/10012912903
We develop a model of strategic networks in order to analyze how trade unions will affect the stability and efficiency … of R&D collaboration networks in an oligopolistic industry with three firms. Whenever firms settle wages, the complete … network. Thus, a conflict between stability and efficiency may occur: efficient networks are pairwise stable, but the reverse …
Persistent link: https://www.econbiz.de/10010312253
equilibrium espionage networks and networks that maximize social welfare under the most interesting scenario of diseconomies of …
Persistent link: https://www.econbiz.de/10010271085
equilibrium espionage networks and networks that maximize social welfare under the most interesting scenario of diseconomies of …
Persistent link: https://www.econbiz.de/10010272463
We develop a model of strategic networks in order to analyze how trade unions will affect the stability and efficiency … of R&D collaboration networks in an oligopolistic industry with three firms. Whenever firms settle wages, the complete … network. Thus, a conflict between stability and efficiency may occur: efficient networks are pairwise stable, but the reverse …
Persistent link: https://www.econbiz.de/10005423183
We analyze the formation of bilateral R&D collaborations in an oligopoly when each firm benefits from the research done … by other firms it is connected to. In contrast to myopic stability, farsighted stability leads to R&D networks consisting …
Persistent link: https://www.econbiz.de/10011116200