Results 71 to 80 of about 37,125 (229)
Conditions for stable equilibrium in Cournot duopoly models with tax evasion and time delay
We provide conditions for stable equilibrium in Cournot duopoly models with tax evasion and time delay. We prove that our conditions actually imply asymptotically stable equilibrium and delay independence.
Alvarado-Santos, Eduardo +2 more
core +1 more source
Cross‐Ownership and Endogenous R&D Risk in Cournot Triopoly
ABSTRACT We examine how cross‐ownership influences firms' endogenous R&D risk‐taking in a Cournot triopoly, where two “insider” firms hold passive equity stakes in each other, and a third firm remains unaffiliated. Firms invest in stochastic R&D that lowers marginal costs and choose their risk level—measured by outcome variance—prior to quantity ...
Mingqing Xing, Ally Quan Zhang
wiley +1 more source
Incentives and welfare effect of sharing firm-specific information [PDF]
This paper studies the incentives and the welfare effect of sharing firm-specific information in asymmetric Cournot and Bertrand oligopoly with mixed substitute and complement goods.
Jin, Jim Y.
core
The role of observability in futures markets [PDF]
Allaz (1992) and Allaz and Vila (1993) show that in an oligopolistic industry the introduction of a futures market that operates prior to the spot market induces more competitive outcomes. Hughes and Kao (1997) show that this result presumes that firms’
Ferreira, José Luis
core +3 more sources
ABSTRACT This study considers consumers' environmental awareness of polluting firms' managerial delegation contracts and compares the effects of committed and time‐consistent emission tax policies. It reveals that when environmental performance (EP) incentives prevail, sales performance (SP) incentives depend on the emission tax type and competition ...
Lili Xu, Yuntong Yin, Sang‐Ho Lee
wiley +1 more source
This article investigates the dynamics of a Cournot triopoly game whose demand function is characterized by log-concavity. The game is formed using the bounded rationality approach.
K Alnowibet, SS Askar, AA Elsadany
doaj +1 more source
Comparing Bertrand and Cournot Outcomes in the Presence of Public Firms [PDF]
We revisit the classic comparison between Bertrand and Cournot outcomes in a mixed market with private and public firms. A departure from the standard setting, i.e., one where all firms maximize profits, provides new insights. A welfare-maximizing public
Arghya Ghosh, Manipushpak Mitra
core
Spatial price competition and buyer power in the U.S. beef packing industry
Abstract We develop a spatially‐explicit model of the U.S. beef packing industry to study key questions related to competition in an oligopsony setting. Cattle supplies are modeled at the county level, and packing plants' location, capacity, and ownership are taken as given. Packers procure negotiated cattle by competing in prices in each local (county)
GianCarlo Moschini, T. Jake Smith
wiley +1 more source
Stability Analysis of a Master–Slave Cournot Triopoly Model: The Effects of Cross-Diffusion
A Cournot triopoly is a type of oligopoly market involving three firms that produce and sell homogeneous or similar products without cooperating with one another.
Maria Francesca Carfora +1 more
doaj +1 more source
Cooperation and Managerial Delegation in Duopoly Revisited
ABSTRACT This paper shows that the cooperative game with managerial delegation (in both the Cournot and Bertrand settings) and the Bertrand benchmark game (without delegation or cooperation) are equivalent in duopoly. The cooperative solution may be the equilibrium of the game, and this outcome can be beneficial for consumer surplus and welfare when ...
José A. Novo‐Peteiro
wiley +1 more source

