Results 81 to 90 of about 13,799,325 (229)
Imitators and Optimizers in Cournot Oligopoly [PDF]
We present a formal model of symmetric n-firm Cournot oligopoly with a heterogeneous population of profit optimizers and imitators. Imitators mimic the output decision of the most successful firms of the previous round a la Vega-Redondo (1997 ...
Burkhard Schipper
core +2 more sources
Expanding the Cournot Competition Model Considering Sanctions and Resource Share [PDF]
One of the most important problems in the exploitation of shared natural resources is the difference in the parties' shares, the energy source, the type of technology used in resource exploitation, ensuring the necessary capital for extraction and field ...
Salah Salimian +2 more
doaj +1 more source
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
Information Acquisition in Cournot Markets: An (enhanced) two- Stage Approach [PDF]
This paper presents an alternative or enhanced approach to information acquisition in Cournot markets with stochastic demand in which the cost of information acquisition is endogenously determined by firms\222 information purchasing strategy. I propose a
Eliane Catilina
core
Cournot versus Supply Functions: What Does the Data tell us? [PDF]
The liberalization of the electricity sector increases the need for realistic and robust models of the oligopolistic interaction of electricity firms. This paper compares the two most popular models: Cournot and the Supply Function Equilibrium (SFE), and
Weigt, H. +2 more
core +4 more sources
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
A Non-Cournot Model of Voluntary Collective Action [PDF]
The interaction of selfish, rational actors in the provision of a public good is analyzed, in an attempt to explain recent experimental findings as well as real-world cases of voluntary collective action. The model, which allows for more sophisticated behavior than that assumed by the conventional Cournot theory, predicts a higher level of collective ...
openaire +1 more source
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
Cournot–Nash equilibria in continuum games with non-ordered preferences. [PDF]
In the usual framework of continuum games with externalities, we substantially generalize Cournot–Nash existence results [Balder, A unifying approach to existence of Nash equilibria, Int.
Topuzu, Mihaela +1 more
core
"An Agent Based Cournot Simulation with Innovation: Identifying the Determinants of Market Concentration" [PDF]
In this paper, I develop a hybrid model that contains elements of both agent based simulations (ABS) as well as analytic Cournot models, to study the effects of firm characteristics, market characteristics, and innovation on market concentration, as ...
Kochanski, Tim
core

