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We study the optimal manipulation rules of a public firm’s objective function in a mixed duopoly with imperfect product substitutability. We compare the solutions under quantity and price competition, and the way in which they are affected by the degree of product substitutability. This...
Persistent link: https://www.econbiz.de/10009320954
We study the optimal manipulation rules of a public firm’s objective function in a mixed oligopoly with imperfect product substitutability. We start with a baseline duopoly model and compare the solutions under quantity and price competition, and the way they are affected by product...
Persistent link: https://www.econbiz.de/10010863153
In this paper we extend the analysis of the standard model of spatial discrimination with quantity competition along the linear city to the case in which the unit transportation cost is greater than one. We show that in such a case the unique subgame perfect Nash equilibrium in locations is a...
Persistent link: https://www.econbiz.de/10010629426
We analyze the effects of income concentration and income dispersion on market demand and its elasticity. We show that, following an increase in income concentration towards the middle (measured by variations in mean preserving spread), the increase in demand faced by firms which serve at the...
Persistent link: https://www.econbiz.de/10005447506
In this paper we extend the analysis of the standard model of spatial discrimination with quantity competition along the linear city to the case in which the unit transportation cost is greater than one. We show that in such a case the unique subgame perfect Nash equilibrium in locations is a...
Persistent link: https://www.econbiz.de/10005110876
Persistent link: https://www.econbiz.de/10001702031
Persistent link: https://www.econbiz.de/10010348839
Persistent link: https://www.econbiz.de/10007661050
We analyze the effects of income concentration and income dispersion on market demand and its elasticity. We show that, following an increase in income concentration towards the middle (measured by variations in mean preservingspread), the increase in demand faced by firms which serve at the...
Persistent link: https://www.econbiz.de/10014075277
Persistent link: https://www.econbiz.de/10009351660