Results 41 to 50 of about 884,301 (228)
Dynamics of a Cournot Game with Differentiated Goods and Asymmetric Cost Functions based on Relative Profit Maximization [PDF]
European Journal of Interdisciplinary Studies, 2019 This paper tries to investigate the complex characteristics behind quantity competition using generalized relative profit functions. For this purpose, we study the dynamics of a nonlinear Cournot – type duopoly game with differentiated goods and ...
Georges SARAFOPOULOS +1 more
doaj +1 more source
Demand‐Driven Mergers: Advertising, Differentiation, and Welfare
Managerial and Decision Economics, EarlyView.ABSTRACT We consider mergers that induce demand changes. We study the firms' incentives to submit a merger request and the competition authority's decision to approve the request. We show that merger‐induced demand changes help expand settings where the interests of firms and competition authority align, whereas contexts where their interests are ...
Felix Munoz‐Garcia +2 more
wiley +1 more source
Strategic search: Adaptation of internal fit and market positioning under competition
Strategic Management Journal, EarlyView.Abstract Research Summary Firms seeking competitive advantage need both internal fit and a distinctive market position, yet strategy research says little about how the search for the two is related. We develop a model of strategic search that integrates an NK landscape with differentiated Cournot competition, allowing a firm's position to shape both ...
Gianluigi Giustiziero +2 more
wiley +1 more source
Multistability in a dynamic Cournot game with three oligopolists [PDF]
Mathematics and Computers in Simulation, 1999 The time evolution of a dynamic oligopoly game with three competing firms is modeled by a discrete dynamical system obtained by the iteration of a three-dimensional non-invertible map. For the symmetric case of identical players a complete analytical study of the stability conditions for the fixed points, which are Nash equilibria of the game, is given.
AGIZA H. N. +2 more
openaire +2 more sources
A Test of the Coase Conjecture Using Prices of Electronic Books
Southern Economic Journal, EarlyView.ABSTRACT The Coase Conjecture predicts that a durable‐goods monopolist without commitment will rapidly cut price toward marginal cost. We test this prediction in the electronic‐book market using release‐day prices. To proxy for marginal cost, we use competitive prices of public‐domain electronic books on the same platforms.
Tim Groseclose, Alex Tabarrok
wiley +1 more source
Systems, 2023 With the upgrading of people’s consumption patterns, the omni-channel supply chain becomes the mainstream form of e-commerce platform enterprise development.
Yingying Cheng, Bo Xie, Keyu An
doaj +1 more source
Collusion through debt and managers
Canadian Journal of Economics/Revue canadienne d'économique, EarlyView.Abstract We investigate the anticompetitive effects of debt financing and managerial incentives in the presence of managers incurring personal bankruptcy costs. We characterize the strategic value for firms' shareholders of resorting to debt and managerial incentives as complementary devices to sustain collusion among firms, when managerial bankruptcy ...
Raffaele Fiocco +2 more
wiley +1 more source
Nonlinear Phenomena in Cournot Duopoly Model
Systems, 2018 The economic world is very dynamic, and most phenomena appearing in this world are mutually interconnected. These connections may result in the emergence of nonlinear relationships among economic agents. Research discussions about different markets’
Pavel Pražák, Jaroslav Kovárník
doaj +1 more source
Control theory methods for creating market structures [PDF]
Компьютерные исследования и моделирование, 2014 Control theory methods for creating market structures are discussed for two cases: when market participants are pursuing aims 1) of maximal growth and 2) of maximum economic efficiency of their firms. For the first case method based on variable structure
Leonid E. Varshavsky
doaj +1 more source
The effects of minimum wage regulation in inter‐regional oligopoly competition
Contemporary Economic Policy, EarlyView.Abstract We examine how minimum wage regulation affects firm profit when labor‐market power interacts with product‐market competition. A binding wage floor reduces the regulated firm's marginal labor cost, inducing it to expand production. This expansion can induce rivals to contract production when relevant strategic variables are strategic ...
Noriaki Matsushima +2 more
wiley +1 more source