Results 81 to 90 of about 23,743,848 (267)
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
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
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The Optimal Bribe: Price Versus Quantity Competition in Oligopolies
The Manchester School, EarlyView.ABSTRACT We analyze an entry deterrence model between an incumbent firm and a potential entrant, where the incumbent strategically offers bribes to local officials to raise entry barriers. Our focus is a three‐stage Bertrand game under incomplete information in a differentiated goods market.
Vishavdeep Sharma +1 more
wiley +1 more source
Cross‐Ownership and Endogenous R&D Risk in Cournot Triopoly
The Manchester School, EarlyView.ABSTRACT We examine how cross‐ownership influences firms' endogenous R&D risk‐taking in a Cournot triopoly, where two “insider” firms hold passive equity stakes in each other, and a third firm remains unaffiliated. Firms invest in stochastic R&D that lowers marginal costs and choose their risk level—measured by outcome variance—prior to quantity ...
Mingqing Xing, Ally Quan Zhang
wiley +1 more source
Spectrum Optimization for Cognitive Satellite Communications With Cournot Game Model
IEEE Access, 2018 With the availability of high-throughput satellite services at affordable cost, terrestrial network providers make use of satellite links to extend their coverage to areas, where land-based communication infrastructures are prohibitively costly to ...
Li Wang +5 more
semanticscholar +1 more source
Endogenous Mode of Competition in General Equilibrium [PDF]
This paper endogenises the extent of intra-sectoral competition in a multi-sectoral model of oligopoly in general equilibrium. Firms choose capacity followed by prices. If the benefits of capacity investment in a given sector are below a threshold level,
J Peter Neary, Joe Tharakan
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Optimal resource allocation in General Cournot-competitive equilibrium [PDF]
, 2013 Conventional economic theory stipulates that output in Cournot competition is too low relative to that which is attained in perfect competition. We revisit this result in a General Cournot-competitive Equilibrium model with two industries that differ ...
Soegaard, Christian +1 more
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Cognitive Radio Simultaneous Spectrum Access/ One-shot Game Modelling
, 2012 The aim of this work is to asses simultaneous spectrum access situations that may occur in Cognitive Radio (CR) environments. The approach is that of one shot, noncooperative games describing CR interactions.
Cremene, Ligia C. +3 more
core +1 more source
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
Information in Cournot: Signaling with Incomplete Control [PDF]
We embed signaling in the classical Cournot model in which several firms sell a homogeneous good. The quality is known to all the firms, but only to some buyers. The quantity-setting firms can manipulate the price to signal quality. Because there is only
Leonard J. MIRMAN +2 more
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