Results 51 to 60 of about 243 (163)
Cross‐Ownership and Welfare‐Inferior Price Competition with Relative Profit Delegation Contracts
Bulletin of Economic Research, Volume 78, Issue 3, Page 559-572, July 2026.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
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The Optimal Bribe: Price Versus Quantity Competition in Oligopolies
The 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
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Cross‐Ownership and Endogenous R&D Risk in Cournot Triopoly
The Manchester School, Volume 94, Issue 4, Page 421-437, July 2026.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
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Strategic Influencers and the Shaping of Beliefs
The RAND Journal of Economics, Volume 57, Issue 2, Page 271-284, Summer 2026.ABSTRACT Influencers, from propagandists to sellers, expend vast resources targeting agents who amplify their message through word‐of‐mouth communication. While agents differ in network position, they also differ in their bias: Agents may naturally read articles with a particular slant or buy products from a certain seller.
Akhil Vohra
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Dynamic Pricing With Recommendation and Consumer Feedback
The RAND Journal of Economics, Volume 57, Issue 2, Page 349-367, Summer 2026.ABSTRACT A long‐lived seller sells a new product of unknown value by offering prices and recommendations to short‐lived consumers in continuous time. The seller receives consumer feedback about the product at a rate that increases with the instantaneous sales volume.
Wenji Xu, Shuoguang Yang
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Media Plurality: Private versus Mixed Duopolies [PDF]
Journal of Public Economic Theory, 2016 AbstractIn this paper, we analyze the level of media plurality in a market with two private news firms (private duopoly) and in a market with a private news firm and a public news firm (mixed duopoly). In the private duopoly news firms maximize profits.
openaire +2 more sources
Strategic delegation and risk‐taking in R&D: Partial delegation versus full delegation
International Journal of Economic Theory, Volume 22, Issue 2, Page 183-207, June 2026.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
Discrete Dynamics in Nature and Society, 2017 Many researchers have used quadratic utility function to study its influences on economic games with product differentiation. Such games include Cournot, Bertrand, and a mixed-type game called Cournot-Bertrand. Within this paper, a cubic utility function
S. S. Askar, A. Al-khedhairi
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Strategic environmental corporate social responsibility in a vertically differentiated duopoly
International Journal of Economic Theory, Volume 22, Issue 2, Page 214-236, June 2026.Abstract We investigate firms' strategic incentives to adopt environmental corporate social responsibility (ECSR) in the presence of quality–cost differences within a vertically differentiated duopoly. We find that (i) the low‐quality firm chooses a higher (lower) ECSR level than the high‐quality firm when the low‐quality firm has a relatively more ...
Mingqing Xing, Sang‐Ho Lee
wiley +1 more source
Privatization and Optimum-Welfare in an International Cournot Duopoly [PDF]
Managing Global Transitions, 2017 In this paper, we will analyse the relationship between privatization of a public firm and tax revenue for the domestic government in an international competition, with import tariffs.
Fernanda A. Ferreira
doaj