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The Optimal Bribe: Price Versus Quantity Competition in Oligopolies

open access: yesThe Manchester School, Volume 94, Issue 4, Page 378-397, July 2026.
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

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