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
Manipushpak Mitra, Arghya Ghosh
core
The Cournot-Bertrand profit differential in a differentiated duopoly with unions and labour decreasing returns [PDF]
This paper compares Cournot and Bertrand equilibria in a differentiated duopoly, total wage bill maximizing unions and labour decreasing returns. It is shown that the standard result, that equilibrium profits are always higher under Cournot, may be ...
Nicola Meccheri, Luciano Fanti
core +2 more sources
Free Entry in a Cournot Market with Imperfectly Substituting Goods [PDF]
Two results are shown about the free-entry equilibrium in a Cournot market with asymmetric firms and imperfectly substituting goods. First, only one technology will survive in the production of each good.
X. Henry Wang, Lin Liu
core
The Drama of Fishing Commons: Cournot-Nash Model and Cooperation [PDF]
Cournot-Nash model; drama of the commons; cooperation; game theory; fishing effort.
José António Filipe
core
The More Cooperation, the More Competition? A Cournot Analysis of the Benefits of Electric Market Coupling [PDF]
Market coupling in Belgian and Dutch markets would permit more efficient use of intercountry transmission, 1) by counting only net flows against transmission limits, 2) by improving access to the Belgian market, and 3) by eliminating the mismatch in ...
core +2 more sources
This article develops a simple linear model of oligopoly and uses it to provide a detailed characterization of equilibrium prices, quantities, mark-ups, price elasticities of market demand; and welfare, all in terms of the parameters of the model.
Hernan Vallejo
doaj +1 more source
Influence of rationality levels on dynamics of heterogeneous Cournot duopolists with quadratic costs. [PDF]
Li X, Jiang Y.
europepmc +1 more source
Evolution Dynamics Model of Private Enterprises under Simultaneous and Sequential Innovation Decisions. [PDF]
Zhang C, Wang Y, Chen T.
europepmc +1 more source
Cournot-Bertrand competition in a unionized mixed duopoly [PDF]
We investigate a differentiated mixed duopoly in which private and public firms can choose to strategically set prices or quantities by facing a union bargaining process.
Kangsik, Choi
core
The Cournot-Bertrand profit differential: a reversal result in a differentiated duopoly with wage bargaining [PDF]
This paper compares Cournot and Bertrand equilibria in a downstream differentiated duopoly in which the input price (wage) paid by each downstream firm is the outcome of a strategic bargain with its upstream supplier (labour union).
Correa López, Mónica, Naylor, Robin
core

