Showing 1 - 9 of 9
Asymmetries in cross-price elasticities have been demonstrated by several empirical studies. In this paper we study from a theoretical stance how introducing asymmetry in the substitution effects influences the sustainability of collusion. We characterize the equilibrium of a linear Cournot...
Persistent link: https://www.econbiz.de/10011737876
In this paper we study a duopoly where the network e¤ect is nonmonotone and the network can be overloaded. The firms choose prices and locations endogenously, and the agent's utility is influenced by the number of people patronizing the same firm she does. We determine the market equilibrium,...
Persistent link: https://www.econbiz.de/10011737953
The increasing concern of the policy maker about eating behavior has focused on the spread of obesity and on the evidence of a consistent number of individuals dieting despite being underweight. As the latter behavior is often attributed to the social pressure to be thin, some governments have...
Persistent link: https://www.econbiz.de/10014193857
The increasing concern of the policy maker about eating behavior has focused on the spread of obesity and on the evidence of a consistent number of individuals dieting despite being underweight. As the latter behavior is often attributed to the social pressure to be thin, some governments have...
Persistent link: https://www.econbiz.de/10013038414
Asymmetries in cross-price elasticities have been demonstrated by several empirical studies. In this paper we study from a theoretical stance how introducing asymmetry in the substitution effects influences the sustainability of collusion. We characterize the equilibrium of a linear Cournot...
Persistent link: https://www.econbiz.de/10013136844
Persistent link: https://www.econbiz.de/10008659713
Persistent link: https://www.econbiz.de/10009560063
Persistent link: https://www.econbiz.de/10011585153
In this paper we study a duopoly where the network effect is nonmonotone and the network can be overloaded. The firms choose prices and locations endogenously, and the agent's utility is influenced by the number of people patronizing the same firm she does. We determine the market equilibrium,...
Persistent link: https://www.econbiz.de/10014189973