Results 51 to 60 of about 37,125 (229)
Competitive Behavior of Developers' Development Scale in the Assembled Construction Market: An Analysis Based on Game Theory [PDF]
E3S Web of Conferences, 2019 The paper constructs the oligopoly models of assembled building developers based on Cournot model and Stackelberg model of development scale competition. Based on the comparison of the profit of the regional assembled building market, which is obvious in
Luo Gangqiang, Wang Qin
doaj +1 more source
Strategic delegation and risk‐taking in R&D: Partial delegation versus full delegation
International Journal of Economic Theory, EarlyView.Abstract We examine firm's risk‐taking decisions in R&D under two different delegation strategies between partial delegation (PD) and full delegation (FD): FD authorizes both quantity and R&D risk but PD only authorizes quantity. Cournot firms under the FD set higher profit weights at the expected value of cost realization, which can lessen competition,
Mingqing Xing, Sang‐Ho Lee
wiley +1 more source
Product Positioning and Incentives to Innovate
Journal of Economics &Management Strategy, EarlyView.ABSTRACT This paper shows that product positioning affects the incentives to invest in process innovation. The result is found using a model of price competition with three firms under horizontal product differentiation—and then extended to a more general Bertrand triopoly.
Emanuele Bacchiega, Paolo G. Garella
wiley +1 more source
Do carbon prices affect stock prices?
Journal of Financial Research, EarlyView.Abstract We explore how carbon pricing affects corporate financial performance during Phase 3 of the European Union Emissions Trading Scheme (EU ETS). We find that the relationship between carbon prices and stock prices depends critically on the proportion of verified emissions covered by freely allocated ETS allowances: For firms with a greater ...
Patrick Bolton +2 more
wiley +1 more source
Welfare losses under Cournot competition [PDF]
International Journal of Industrial Organization, 2007 In a market for a homogeneous good where firms are identical, compete in quantities and produce with constant returns, the percentage of welfare losses (PWL) is small with as few as five competitors for a class of demand functions which includes linear and isoelastic cases. We study markets with positive fixed costs and asymmetric firms.
openaire +4 more sources
Competitio, 2021 Economic actors, in their interactions with each other, certainly make decisions which are able to improve their original situation. In the case of free trade agreements, tariffs have the effect to manipulate countries’ trade and welfare. In this paper,
Eszter Kovács
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A novel incentive-based demand response model for Cournot competition in electricity markets [PDF]
, 2018 This paper presents an analysis of competition between generators when incentive-based demand response is employed in an electricity market. Thermal and hydropower generation are considered in the model. A smooth inverse demand function is designed using
Ruiz, Fredy, Vuelvas, José
core +2 more sources
CBDC as Imperfect Substitute to Bank Deposits: A Macroeconomic Perspective
Journal of Money, Credit and Banking, EarlyView.Abstract The impact of Central Bank Digital Currency (CBDC) is analyzed in a closed‐economy model with monopolistic competition in banking and where CBDC is an imperfect substitute with bank deposits. The design of CBDC is characterized by its interest rate, its substitutability with bank deposits, and its relative liquidity.
PHILIPPE BACCHETTA, ELENA PERAZZI
wiley +1 more source
Central European Journal of Public Policy, 2018 Technology roadmaps have become an essential part of the European Commission’s (EC) nanotechnology policy strategies. They represent socio-technical landscapes and evolving pathways, suggesting the underlying or otherwise supportive metaphorical patterns
Kotlík Pavel
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