Results 121 to 130 of about 13,799,325 (229)

Nearly-complete Decomposability and Stochastic Stability with an Application to Cournot Oligopoly [PDF]

open access: yes
This paper presents a general framework for analysing stochastic stability in models with evolution at two levels. Under certain conditions the theory of nearly-complete decomposability can be used to disentangle these two levels.
J. Thijssen
core  

Behavioral Convergence Properties of Cournot and Bertrand Markets: An Experimental Analysis [PDF]

open access: yes
This paper reports an experiment that examines the relative convergence properties of differentiated-product Cournot and Bertrand oligopolies. Overall, Bertrand markets tend to converge to Nash equilibrium predictions more quickly and more completely ...
Douglas D. Davis
core  

The market for melons: Cournot competition with unobservable qualities [PDF]

open access: yes
Two firms produce different qualities at possibly different, constant marginal costs. They compete in quantities on a market where buyers only observe the average quality supplied.
Argenton, Cédric
core  

Information and Learning in Bertrand and Cournot Experimental Duopolies [PDF]

open access: yes
In this paper we report the results from a series of experiments on Cournot (homogeneous and differentiated products) and Bertrand (differentiated products) duopoly markets with no uncertainty, fixed endpoints and random matching.
Luigi Luini   +2 more
core  

Effciency and surplus bounds in Cournot competition [PDF]

open access: yes
We derive bounds on the ratios of deadweight loss and consumer surplus to producer surplus under Cournot competition. To do so, we introduce a parameterization of the degree of curvature of market demand using the parallel concepts of ½-concavity and ½ ...
Simon P. Anderson, Regis Renault
core  

Home - About - Disclaimer - Privacy