Results 51 to 60 of about 2,832 (228)
The Optimal Bribe: Price Versus Quantity Competition in Oligopolies
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
Incentives to Innovate in a Cournot Oligopoly [PDF]
We study the R&D performance of Cournot aligopolists. To this end we model a one-shot noncooperative game in which firms invest in R&D, with the aim of being first in an uncertain competition for a patentable cost-reducing innovation. The incentives to innovate are market profits and not exogenously given prizes as in most of the earlier ...
DELBONO, F, DENICOLO, V
openaire +4 more sources
Cross‐Ownership and Endogenous R&D Risk in Cournot Triopoly
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
Strategic delegation and risk‐taking in R&D: Partial delegation versus full delegation
Abstract We examine firm's risk‐taking decisions in R&D under two different delegation strategies between partial delegation (PD) and full delegation (FD): FD authorizes both quantity and R&D risk but PD only authorizes quantity. Cournot firms under the FD set higher profit weights at the expected value of cost realization, which can lessen competition,
Mingqing Xing, Sang‐Ho Lee
wiley +1 more source
The Cournot Equilibrium for n Firms
Oligopoly is a market situation where there are a small number of bidders (at least two) of a good non-substituent and a sufficient number of consumers.
Gina Ioan, Catalin Angelo Ioan
doaj
Exploration of Complex Dynamics for Cournot Oligopoly Game with Differentiated Products
This paper proposes a Cournot game organized by three competing firms adopting bounded rationality. According to the marginal profit in the past time step, each firm tries to update its production using local knowledge.
S. S. Askar +2 more
doaj +1 more source
PERILAKU PENAWARAN KREDIT BANK DI INDONESIA: KASUS PASAR OLIGOPOLI PERIODE JANUARI 2001-JULI 2005
This paper uses a microeconomic approach to analyze the bank lending behavior in Indonesia during 2001:1 – 2005:7. The loan supply function is derived from the structural loan supply and demand equation in a Cournot-Oligopoly market.
Chaikal Nuryakin, Perry Warjiyo
doaj +1 more source
Do carbon prices affect stock prices?
Abstract We explore how carbon pricing affects corporate financial performance during Phase 3 of the European Union Emissions Trading Scheme (EU ETS). We find that the relationship between carbon prices and stock prices depends critically on the proportion of verified emissions covered by freely allocated ETS allowances: For firms with a greater ...
Patrick Bolton +2 more
wiley +1 more source
We have built and investigated analytically and numerically a differential game model of Cournot oligopoly with consideration of pollution, network structure, and continuous updating.
Guennady Ougolnitsky, Alexey Korolev
doaj +1 more source
Price Discrimination in Dynamic Cournot Competition
This paper introduces a new Cournot duopoly game and gives an applied study for price discrimination in a market by dynamic methods. One of two oligopolies has two different prices for a homogeneous product, while the other charges one kind of price.
Wei-li Zhang +2 more
doaj +1 more source

