Initial Allocation Effects in Permit Markets with Bertrand Output Oligopoly [PDF]
We analyse the efficiency effects of the initial permit allocation given to firms with market power in both permit and output market. We examine two models: a long- run model with endogenous technology and capacity choice, and a short-run model with ...
Betz, Regina +2 more
core +1 more source
Cournot equilibria for socially responsible firms in an uncertain environment [PDF]
, 2014 This paper considers firms which compete under Cournot assumptions and in- corporate social responsibility to the evaluation of their results. In our model a socially responsible firm is one which takes into account not only its profits, but also it ...
Caraballo, M. Ángeles +2 more
core
Dynamics of a Quantum Common-Pool Resource Game with Homogeneous Players' Expectations. [PDF]
Entropy (Basel), 2023 Grau-Climent J +3 more
europepmc +1 more source
The Incentives for Takeover in Oligopoly [PDF]
We present a model of takeover where the target optimally sets its reserve price. Under relatively standard symmetry restrictions, we obtain a unique equilibrium.
Christian Wey, Roman Inderst
core
A test of collusive behavior based on incentives [PDF]
, 2008 This paper proposes a novel collusion test based on the analysis of incentives faced by each firm in a colluding coalition. In fact, once collusion is in effect, each colluding firm faces the incentive to secretly deviate from the agreement, since it ...
Cabral, Ricardo
core +1 more source
The Model Dimensionality and Its Impacts on the Strategic and Policy Outcomes in IAMs the Findings from the RICE2020 Model. [PDF]
Comput Econ, 2022 Yang Z.
europepmc +1 more source
Product differentiation in a spatial Cournot model with asymmetric demand [PDF]
This paper considers a spatial discrimination Cournot model with asymmetric demand. We use the geographical interpretation of the linear market and introduce differentiated products.
Juljana Calaki, Kai Andree
core
Strategic Outsourcing Revisited [PDF]
This paper analyzes a sequential game where firms decide about outsourcing the production of a non-specific input good to an imperfectly competitive input market.
Justus Haucap, Stefan Buehler
core
A Puzzle About Economic Explanation: Examining the Cournot and Bertrand Models of Duopoly Competition [PDF]
, 2017 Economists use various models to explain why it is that firms are capable of pricing above marginal cost. In this paper, we will examine two of them: the Cournot and Bertrand duopoly models. Economists generally accept both models as good explanations of
Nebel, Jonathan
core
Stochastic Cournot Model for Coordinated Strategic Bidding of Wind-Storage Systems
IEEE AccessIn recent years, government incentives and subsidies have driven significant growth in wind power plant (WPP) capacity, establishing WPPs as key players in the evolving electricity market.
Swati Gupta +5 more
doaj +1 more source