Stability and Multistability of a Bounded Rational Mixed Duopoly Model with Homogeneous Product
In this paper, a mixed duopoly dynamic model with bounded rationality is built, where a public-private joint venture and a private enterprise produce homogeneous products and compete in the same market.
Wei Zhou +3 more
doaj +1 more source
Privatization and environmental pollution in a mixed duopoly [PDF]
This paper establishes mixed duopoly game-theoretical models to investigate the economic impacts exerted by privatization in the presence of the environmental pollution.
Jiancai Pi, Li Yang, Yu Zhou
doaj
Tactical and Strategic Risks From Supply Disruptions in Competing Supply Chains
ABSTRACT Supply chain disruptions can lead to both tactical (i.e., loss of short‐term sales during a disruption) and strategic (i.e., loss of long‐term market share) consequences. We model the impact of a supply disruption on competing supply chains in which two firms compete for a limited backup supply.
Akhil Singla +3 more
wiley +1 more source
Lifetime Employment and Mixed Cournot Duopoly with State-Owned and Joint-Stock Firms [PDF]
This paper examines a mixed duopoly model in which a state-owned firm competes with a joint-stock firm. The following two stages are considered. In the first stage, each firm can simultaneously and independently decide whether or not to offer lifetime ...
Kazuhiro Ohnishi
doaj
Complex Dynamics Analysis for a Cournot-Bertrand Mixed Game Model with Delayed Bounded Rationality
A Cournot-Bertrand mixed duopoly game model is constructed. The existence and local stable region of the Nash equilibria point are investigated. Complex dynamic properties such as bifurcation and route to chaos are analyzed using parameter basin plots ...
Junhai Ma, Hongwu Wang
doaj +1 more source
The global coffee industry, supporting 25 million smallholder farmers, is vulnerable to climate change. Diversifying the coffee species portfolio beyond Arabica and robusta is a promising intervention. Liberica coffee could provide adaptive capacity, although its climate parameters for cultivation are poorly known.
Isobel M. J. Wild +3 more
wiley +1 more source
Unilateral Decisions to Hire Managers in Markets with Capitalist and Labor-Managed Firms [PDF]
This paper examines the equilibrium outcomes of firms’ decision games to hire managers when there is a capitalist firm competing against a labor-managed firm.
Kazuhiro Ohnishi
doaj
Cross‐Ownership and Welfare‐Inferior Price Competition with Relative Profit Delegation Contracts
ABSTRACT We consider management reward contracts based on relative profit performance under cross‐ownership and find nonequivalence of price and quantity competition. We also examine an endogenous choice of competition mode under unilateral cross‐ownership and show that the welfare‐inferior price competition can appear unless the product's ...
Mingqing Xing, Sang‐Ho Lee
wiley +1 more source
Does timing of decisions in a mixed duopoly matter? [PDF]
We determine the endogenous order of moves in a mixed price-setting duopoly. In contrast to the existing literature on mixed oligopolies we establish the payoff equivalence of the games with an exogenously given order of moves.
Tamás László Balogh +4 more
core +1 more source
We Value Your Privacy: Behavior‐Based Pricing Under Endogenous Privacy
ABSTRACT We study a duopoly model of behavior‐based pricing in which consumers can either disclose or hide their data. We contrast two data policies. Under an open data policy, disclosed data is shared with all firms. In the unique equilibrium, all consumers disclose, and firms price discriminate, leading to welfare losses from inefficient poaching ...
Friederike Heiny +2 more
wiley +1 more source

