Results 31 to 40 of about 21,036 (193)
Asymmetric Information With Multiple Risks: The Case of the Chilean Private Health Insurance Market
Health Economics, EarlyView.ABSTRACT We extend the Rothshild and Stiglitz (1976) model to two sources of risk –inpatient and outpatient risk– to better proxy real‐world health insurance markets. We uncover an interesting theoretical possibility: Take individuals A and B, who are low risks in, say, the inpatient dimension but A is riskier in the outpatient dimension.
Dolores de la Mata +3 more
wiley +1 more source
Innovation and Green DevelopmentThis study investigates how transportation costs and environmental damage affect social welfare and the optimal degree of nationalization by assuming asymmetric mixed oligopoly markets.
Akio Kawasaki, Tohru Naito
doaj +1 more source
Strategic Change, EarlyView.ABSTRACT Digital platform (DP) enterprises have risen to the top of the global economy by inverting traditional business models. They earn money through matchmaking, transaction facilitation, and efficient orchestration of other stakeholders' resources.
Lukas R. G. Fitz, Jochen Scheeg
wiley +1 more source
A COURNOT-BERTRAND MODEL USING VARIOUS PRODUCTS [PDF]
Annals of the University of Oradea: Economic Science, 2019 Imperfect competition represent a known issue on modern economic analysis. Monopoly case classical induce a worse solution for consumer side but in the oligopoly competition scenario it will be possible to obtain a solution close to perfect competition ...
RUSESCU Ciprian
doaj
Systems Research and Behavioral Science, EarlyView.ABSTRACT The emergence of cooperation in natural selection has been successfully studied using game theory and, despite the underlying selfish nature of the evolutionary process, a spectrum of plausible mechanisms have been proposed to determine the conditions under which cooperative behaviour is likely to occur.
Phil Mercy, Martin Neil
wiley +1 more source
The RAND Journal of Economics, EarlyView.ABSTRACT We propose a tractable model of asymmetric platform oligopoly with logit demand in which users from two distinct groups are subject to within‐group and cross‐group network effects and decide which platform to join. We characterize the equilibrium when platforms manage user access by setting participation fees for each user group.
Martin Peitz, Susumu Sato
wiley +1 more source
Stable Price Dispersion under Heterogeneous Buyer Consideration
The RAND Journal of Economics, EarlyView.ABSTRACT We study the pricing of homogeneous products sold to customers who consider different sets of suppliers. We identify prices that are stable in the sense that no firm wishes to undercut a rival or to raise its price when rivals are able to respond by offering special deals.
David P. Myatt, David Ronayne
wiley +1 more source
International Review of Economics & FinanceIn this study, we introduce a novel government policy tool to address environmental damage: social performance management by public firms. This study examines its impact in mixed oligopolies.
Huncheol Jeon, Hyunwoo Hong
doaj +1 more source
Spatial price competition and buyer power in the U.S. beef packing industry
American Journal of Agricultural Economics, EarlyView.Abstract We develop a spatially‐explicit model of the U.S. beef packing industry to study key questions related to competition in an oligopsony setting. Cattle supplies are modeled at the county level, and packing plants' location, capacity, and ownership are taken as given. Packers procure negotiated cattle by competing in prices in each local (county)
GianCarlo Moschini, T. Jake Smith
wiley +1 more source
A Multi-Player Framework for Sustainable Traffic Optimization in the Era of Digital Transportation
InfrastructuresNowadays, traffic management challenges in the era of digital transport are rising, as the interactions of various stakeholders providing such technologies play a pivotal role in shaping traffic dynamics. The objective of this paper was to present a game-
Areti Kotsi +3 more
doaj +1 more source