Results 71 to 80 of about 4,610 (184)
The Journal of Industrial Economics, EarlyView.ABSTRACT We study optimal simple rating systems that partition sellers into a finite number of tiers. We show that optimal ratings must be threshold partitions, and that for linear supply and Cournot competition with constant marginal cost, optimal thresholds solve a k‐means clustering problem requiring only the quality distribution.
Hugo Hopenhayn, Maryam Saeedi
wiley +1 more source
The empirical content of Cournot competition. [PDF]
We consider the testable implications of the Cournot model of market competition. Our approach is nonparametric in that we abstain from imposing any functional specification on market demand and firm cost functions.
Cherchye, Laurens +2 more
core
Make or Buy Decisions and Data Sharing
The Journal of Industrial Economics, EarlyView.ABSTRACT Firms can share data to discover potential synergies between their data sets and algorithms, eventually leading to more efficient mergers and acquisitions (M&A) decisions. However, data sharing also modifies the competitive balance when firms do not merge, and a company may be reluctant to share data with potential rivals.
Antoine Dubus, Patrick Legros
wiley +1 more source
Spatial Cournot Competition and Consumers’ Heterogeneity: A Note [PDF]
We consider the standard model of spatial Cournot competition and show that a necessary condition for dispersion equilibria is that the distribution be not unimodal.Spatial Cournot competition, consumers ...
Corrado Benassi
core
Learning from oligopoly rivalry: Implications for business financial statements
Contabilitate şi Informatică de Gestiune, 2019 Research question: Utilizing the tenets of oligopoly competition that is a well-known type of imperfect rivalry, this study is interested in building a financial theory of inter-company price or pricing (ICP) economics and documenting its direct affinity
Mike Onder Kaymaz, Ozgur Kaymaz
doaj +1 more source
Export subsidies, countervailing duties, and welfare
Brazilian Journal of Political Economy, 2005 Using a simple Cournot duopoly model, this paper provides an important policy implication for trade disputes involving export subsidies. In this paper, the possibility that a foreign export subsidy could benefit the domestic country as well as the ...
Yu-Ter Wang
doaj +1 more source
Considering trade policy: Then and now
Canadian Journal of Economics/Revue canadienne d'économique, EarlyView.
Barbara J. Spencer
wiley +1 more source
The Manchester School, EarlyView.ABSTRACT This study considers mutual outsourcing firms in a vertically related market and examines their strategic adoption of environmental corporate social responsibility (ECSR) activities. We demonstrate that ECSR adoption reduces mutual outsourcing firms' profits, resulting in a prisoner's dilemma situation, but enhances welfare regardless of ...
Lili Xu, Xinying Fan, Sang‐Ho Lee
wiley +1 more source
Cournot-Walras equilibrium as a subgame perfect equilibrium [PDF]
In this paper, we investigate the problem of the strategic foundation of the Cournot-Walras equilibrium approach. To this end, we respecify à la Cournot-Walras the mixed version of a model of simultaneous, noncooperative exchange, originally proposed by
Busetto, Francesca +2 more
core
Scottish Journal of Political Economy, EarlyView.ABSTRACT This study considers consumers' environmental awareness of polluting firms' managerial delegation contracts and compares the effects of committed and time‐consistent emission tax policies. It reveals that when environmental performance (EP) incentives prevail, sales performance (SP) incentives depend on the emission tax type and competition ...
Lili Xu, Yuntong Yin, Sang‐Ho Lee
wiley +1 more source