Results 51 to 60 of about 277 (147)

Cross‐Ownership and Welfare‐Inferior Price Competition with Relative Profit Delegation Contracts

open access: yesBulletin 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
wiley   +1 more source

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

Cross‐Ownership and Endogenous R&D Risk in Cournot Triopoly

open access: yesThe 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
wiley   +1 more source

Strategic delegation and risk‐taking in R&D: Partial delegation versus full delegation

open access: yesInternational 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

R&D Collaboration Networks in Mixed Oligopoly [PDF]

open access: yesSouthern Economic Journal, 2008
We develop a model of endogenous network formation in order to examine the incentives for R&D collaboration in a mixed oligopoly. Our analysis reveals that the complete network, where each firm collaborates with all others, is uniquely stable. When R&D subsidies are not available, in addition to the complete network, the private partial and the
openaire   +5 more sources

Essays on the economics of parking and mixed oligopoly [PDF]

open access: yes, 2018
This dissertation comprises of three chapters. In the first chapter, we investigate the existence of self-financing and Pareto-optimal parking pricing scheme by developing a simple static model in which travelers, differing in terms of the value of time, optimally choose between the car and public transit as well as trip duration.
openaire   +1 more source

Quality competition in mixed oligopoly

open access: yes, 2020
We study quality competition in a mixed oligopoly (with applications to health care and education) where a welfare-maximising public provider competes with two profit-maximising private providers that differ with respect to the regulatory regime they face, with only one of the private providers being included in the public funding scheme.
Ghandour, Ziad, Straume, Odd Rune
openaire   +1 more source

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