Results 111 to 120 of about 37,125 (229)

Reciprocity, inequity-aversion, and oligopolistic competition [PDF]

open access: yes
This paper extends the Cournot and Bertrand models of strategic interaction between firms by assuming that managers are not only profit maximizers, but also have preferences for reciprocity or are averse to inequity.
Santos-Pinto, Luís
core   +1 more source

Submodularity and the Evolution of Walrasian Behavior [PDF]

open access: yes
Vega-Redondo (1997) showed that imitation leads to the Walrasian outcome in Cournot Oligopoly. We generalize his result to aggregative quasi-submodular games.
Burkhard Schipper
core  

Dynamics of a Quantum Common-Pool Resource Game with Homogeneous Players' Expectations. [PDF]

open access: yesEntropy (Basel), 2023
Grau-Climent J   +3 more
europepmc   +1 more source

A Puzzle About Economic Explanation: Examining the Cournot and Bertrand Models of Duopoly Competition [PDF]

open access: yes, 2017
Economists use various models to explain why it is that firms are capable of pricing above marginal cost. In this paper, we will examine two of them: the Cournot and Bertrand duopoly models. Economists generally accept both models as good explanations of
Nebel, Jonathan
core  

Dundee Discussion Papers in Economics 137:Employment protection and globalisation in dynamic oligopoly [PDF]

open access: yes, 2003
We construct a model in which oligopolistic firms decide where to locate. Firms choose to locate either in a country where employment protection implies costly output adjustments or in one without adjustment costs.
Dewit, Gerda   +2 more
core   +1 more source

Stackelberg beats Cournot

open access: yes, 1999
We report on an experiment designed to compare Stackelberg and Cournot duopoly markets with quantity competition. For each market we implement both a random matching and fixed-pairs version. Stackelberg markets yield, regardless of the matching scheme, higher outputs than Cournot markets.
Huck, Steffen   +2 more
openaire   +1 more source

Complex Dynamics of a Cournot Quantum Duopoly Game with Memory and Heterogeneous Players. [PDF]

open access: yesEntropy (Basel), 2022
Garcia-Perez L   +3 more
europepmc   +1 more source

Micro-economic Analysis of the Physical Constrained Markets: Game Theory Application to Competitive Electricity Markets

open access: yes, 2005
Competition has been introduced in the electricity markets with the goal of reducing prices and improving efficiency. The basic idea which stays behind this choice is that, in competitive markets, a greater quantity of the good is exchanged at a lower ...
Bompard, Ettore   +2 more
core   +2 more sources

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