Results 31 to 40 of about 639 (181)
Corporate Social Responsibility and Labor-Managed Duopoly with Wage Rise as Strategic Commitment [PDF]
International Journal of Management, Accounting and EconomicsThis paper investigates a duopoly game model in which two labor-managed firms compete in quantities. The game proceeds as follows. In the first stage, each labor-managed firm independently and simultaneously chooses the corporate social responsibility ...
Kazuhiro Ohnishi
doaj +1 more source
Complex Dynamics Analysis for a Cournot-Bertrand Mixed Game Model with Delayed Bounded Rationality
Abstract and Applied Analysis, 2013 A Cournot-Bertrand mixed duopoly game model is constructed. The existence and local stable region of the Nash equilibria point are investigated. Complex dynamic properties such as bifurcation and route to chaos are analyzed using parameter basin plots ...
Junhai Ma, Hongwu Wang
doaj +1 more source
The Decision Whether to Hire Managers in a Mixed Duopoly with State-Owned and Labor-Managed Firms [PDF]
International Journal of Management, Accounting and Economics, 2020 This paper considers a mixed duopoly model in which a state-owned firm competes with a labor-managed firm. The timing of this game is as follows. In the first stage, each firm decides whether or not to hire a manager.
Kazuhiro Ohnishi
doaj
Insider Trading with Semi-Informed Traders and Information Sharing: The Stackelberg Game
Mathematics, 2023 This paper presents a financial Stackelberg game model with two partially informed risk neutral insiders. Each insider receives a private signal about the stock value and competes with the other insider under a Stackelberg setting.
Wassim Daher, Fida Karam, Naveed Ahmed
doaj +1 more source
Mixed supply function‐Cournot equilibrium model of futures and day‐ahead electricity markets
IET Generation, Transmission & Distribution, 2021 Futures contract is one of the useful financial derivatives for hedging the market players against the risks of undesirable price fluctuations in the power systems.
Mohsen Banaei +3 more
doaj +1 more source
American Journal of Agricultural Economics, EarlyView.Abstract This paper derives a firm‐level threshold, the Herfindahl Neutral Point, from the standard concentration index used in merger review. At this threshold, a marginal expansion leaves the index unchanged. Firms below the threshold reduce concentration when they expand; firms above it increase concentration.
Andrew J. Keller, Krishna P. Paudel
wiley +1 more source
Market Power in Output and Emissions Trading
Games, 2020 This article focuses on the strategic behavior of firms in the output and the emissions markets in the presence of market power. We consider the existence of a dominant firm in the permit market and different structures in the output market, including ...
Francisco J. André +1 more
doaj +1 more source
A Test of the Coase Conjecture Using Prices of Electronic Books
Southern Economic Journal, EarlyView.ABSTRACT The Coase Conjecture predicts that a durable‐goods monopolist without commitment will rapidly cut price toward marginal cost. We test this prediction in the electronic‐book market using release‐day prices. To proxy for marginal cost, we use competitive prices of public‐domain electronic books on the same platforms.
Tim Groseclose, Alex Tabarrok
wiley +1 more source
Comment on “Trade and FDI Policies in an Interdependent World: Lessons From East Asia”
Asian Economic Policy Review, EarlyView.
Takafumi Kawakubo
wiley +2 more sources
Contemporary Accounting Research, EarlyView.ABSTRACT We study how insider trading based on private cost information affects product market outcomes when firms differ in cost variance. In our model, managers exploit firm‐specific cost information to pursue short‐term trading gains, leading them to adjust output decisions and reshape product market competition.
Dingwei Gu, Hanwen Sun
wiley +1 more source