Results 61 to 70 of about 884,301 (228)
A Dynamic Model of Cournot Competition for an Oligopolistic Market
This paper studies firms’ dynamic interaction in a Cournot market. In each period of the game, the firm decides whether to make a stochastic positioning investment (establishing or maintaining its position in market competition).
Zeng Lian, Jie Zheng
doaj +1 more source
Make or Buy Decisions and Data Sharing
ABSTRACT Firms can share data to discover potential synergies between their data sets and algorithms, eventually leading to more efficient mergers and acquisitions (M&A) decisions. However, data sharing also modifies the competitive balance when firms do not merge, and a company may be reluctant to share data with potential rivals.
Antoine Dubus, Patrick Legros
wiley +1 more source
Strategic Stake Acquisitions in Rival Firms: Common vs. Cross‐Ownership
ABSTRACT We study how a blockholder who controls a firm should acquire a minority stake in a rival: directly, creating common ownership, or indirectly through the controlled firm, creating cross‐ownership. Common ownership generates stronger internalization of competitive externalities and allows the blockholder to capture the resulting gains without ...
Vincenzo Denicolò, Fausto Panunzi
wiley +1 more source
No-regret Learning in Cournot Games
This paper examines the convergence of no-regret learning in Cournot games with continuous actions. Cournot games are the essential model for many socio-economic systems, where players compete by strategically setting their output quantity. We assume that players do not have full information of the game and thus cannot pre-compute a Nash equilibrium ...
Shi, Yuanyuan, Zhang, Baosen
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Asymmetric Cournot Duopoly: A Game Complete Analysis [PDF]
In this paper, we apply the Complete Analysis of Differentiable Games (introduced by D. Carfì in Topics in Game Theory (2012), Carfì ICT 2009, Carfì AAPP 2009, Carfì GO 2009; already employed by himself and others in Carfì TPREF 2011, Carfì AAPP 2010, Carfì ISGC 2009) and some new algorithms, using the software wxMaxima 11.04.0, in order to ...
CARFI', David, E. Perrone
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Privatization Under Political Ties
ABSTRACT I study a product differentiation model with endogenous entry where a politically connected public firm competes with a private one. Consumers are heterogeneous in their willingness to pay. I argue that—because of political ties—the public firm may mimic the preferences of the consumer with the median willingness to pay.
Matteo Broso
wiley +1 more source
A Dynamic Duopoly Model: When a Firm Shares the Market with Certain Profit
The current paper analyzes a competition of the Cournot duopoly game whose players (firms) are heterogeneous in a market with isoelastic demand functions and linear costs.
Sameh S. Askar
doaj +1 more source
Structural Network Optimization for the Liberalization of District Heating
This study analyzes the liberalization of district heating through network interconnection using a combined framework of graph‐theoretic modeling, clustering, Cournot‐based competition, and multiobjective optimization. The results highlight structural trade‐o s between prices, producer profits, and infrastructure expenditure across alternative network ...
Gerhard Schöpping, Peter F. Pelz
wiley +1 more source
Imitators and Optimizers in Cournot Oligopoly [PDF]
We analyze a symmetric n-firm Cournot oligopoly with a heterogeneous population of optimizers and imitators. Imitators mimic the output decision of the most successful firms of the previous round a l`a Vega-Redondo (1997).
Schipper, Burkhard C.
core +1 more source
Preemptive Entry and Technology Diffusion: The Market for Drive‐In Theaters
ABSTRACT This article studies entry preemption in new industries. We first test a key prediction of dynamic entry games: Entry preemption is most relevant in intermediate‐sized markets, where firms face highest uncertainty about future entry. Using US drive‐in theater market (1945–1957) data, we find robust evidence for this non‐monotonic relationship ...
Ricard Gil +3 more
wiley +1 more source

