Results 51 to 60 of about 1,218 (204)
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
Complexity Analysis of a Cournot-Bertrand Duopoly Game Model with Limited Information
A Cournot-Bertrand mixed duopoly game model with limited information about the market and opponent is considered, where the market has linear demand and two firms have the same fixed marginal cost.
Hongwu Wang, Junhai Ma
doaj +1 more source
Strategic Influencers and the Shaping of Beliefs
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
wiley +1 more source
Dynamic Pricing With Recommendation and Consumer Feedback
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
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
Strategic environmental corporate social responsibility in a vertically differentiated duopoly
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
Brook no compromise: How to negotiate a united front
Abstract Negotiating factional conflict is crucial to successful coordination: Political parties, rebel alliances, and authoritarian elites must all overcome internal disagreements to survive and achieve collective aims. Actors in these situations sometimes employ hardball tactics to block outcomes they dislike, but at the risk of causing coordination ...
Elaine Yao
wiley +1 more source
Privatisation and vertical integration under a mixed duopoly
Este trabajo de investigación ha sido financiado por el Ministerio de Ciencia y Tecnologia (ECO2015-66803-P) y por Grupos de Investigación UPV/EHU (GIU17/051).
Bárcena Ruiz, Juan Carlos +1 more
openaire +2 more sources
Serial Investing and Strategic Commitment in Markets With Unknown Competitors
ABSTRACT We study how serial investors who regularly face unknown competitors attempt to make their projects dominant. Innovating in new markets often involves uncertainty over the nature of the final product and who the key competitors will be. Such projects also have long‐term funding needs, so a commitment to provide the necessary funds imparts a ...
Naveen Khanna, Richmond Mathews
wiley +1 more source
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
doaj +1 more source

