Results 121 to 130 of about 4,610 (184)
Information and Learning in Bertrand and Cournot Experimental Duopolies [PDF]
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
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On Technology Transfer to an Asymmetric Cournot Duopoly [PDF]
This note studies the transfer of a cost-reducing innovation from an independent patent-holder to an asymmetric Cournot duopoly that has different unit costs of production. It is found that royalty licensing can be superior to fixed-fee licensing for the
Bill Yang, X. Henry Wang
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Existence, Uniqueness, and Symmetry of Free-Entry Cournot Equilibrium: The Importance of Market Size and Technoligy Choice [PDF]
This article adds technology choice to a free-entry Cournot model with linear demand and constant marginal costs. Firms can choose from a discrete set of technologies.
Georg Götz
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Noncooperative Oligopoly in Markets with a Continuum of Traders [PDF]
In this paper, we study three prototypical models of noncooperative oligopoly in markets with a continuum of traders : the model of Cournot-Walras equilibrium of Codognato and Gabszewicz (1991), the model of Cournot-Nash equilibrium of Lloyd S.
Busetto, Francesca +2 more
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Standardization versus Preference for Variety in Linear Cournot Oligopoly [PDF]
We consider a Cournot oligopoly setting in which consumers have an intrinsic preference for variety, while unit production costs of firms increase with the number of goods they produce.
Frédéric Deroian, Frédéric Gannon
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Comparing Cournot and Bertrand Competition in a Unionized Mixed Duopoly
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. For the case of a unionized mixed duopoly, only the public firm is able to choose a
Choi, Kangsik
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Mergers and Dynamic Oligopoly [PDF]
Static oligopoly theories disagree on whether mergers are profitable. The Cournot model says that many potential mergers would be unprofitable whereas the Bertrand model says that all mergers are profitable.
Kwang Soo Cheong, Kenneth L Judd
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A duopoly Cournot model with delayed expectations
, 2017 We consider a Cournot duopoly with isoelastic demand function and constant marginal costs. We assume that both producers have naive expectations but one of them reacts with delay to the move of its competitors, due to a "less efficient" production ...
Bignami, Fernando, Agliari, Anna
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Free trade vs. autarky under asymmetric Cournot oligopoly
, 2015 The paper compares free trade with autarky in an asymmetric multi-country world with Cournot competition, constant returns and linear demand. We first derive conditions for free trade to hurt a country’s consumers, to benefit its firms, to induce it to ...
Tröge, Michael +2 more
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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 ...
Hobbs, B.F., Rijkers, F.A.M.
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