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Price vs. quantity in oligopoly games [PDF]
Price-setting and quantity-setting oligopoly games lead to extremely dierent outcomes in the market. One natural way to address this problem is to formulate a model in which some rms use price while the remaining rms use quantity as their decision ...
Allen +16 more
core +2 more sources
In this chapter we present a selective analytic survey of some of the main results of trade under oligopoly. We concentrate on three topics: oligopoly as an independent determinant of trade, as illustrated by the reciprocal-markets model of Brander (1981); oligopoly as an independent rationale for government intervention, as illustrated by strategic ...
Leahy, Dermot, Neary, Peter
openaire +5 more sources
Nell’ambito del dibattito sulla crisi dell’economia italiana il pensiero di Paolo Sylos Labini si impone per la straordinaria attualità, recuperando i riferimenti concettuali e la visione dinamica dello sviluppo economico propri degli economisti ...
Daniela Palma
doaj +1 more source
The theory of employment: two approaches compared
Introducing the publication of a long 1956 letter by Franco Modigliani (FM) to Paolo Sylos Labini (PSL) on the draft of PSL’s book, Oligopoly and Technical Progress, the paper critically reviews the theoretical background of FM’s comments, showing how ...
Alessandro Roncaglia
doaj +1 more source
This paper reconsiders Bertrand duopoly and oligopoly in the spatial formulation due to Hotelling, 1929. The equilibrium configurations of price and location structure are considered, given elastic demand, and a full dynamics is formulated in order to ...
Tönu Puu
doaj +1 more source
We model digital platforms as attention brokers that have proprietary information about their users’ product preferences and sell targeted ad space to retail product industries. Retail producers—incumbents or entrants—compete for access to this attention bottleneck.
Prat, A, Valletti, T
openaire +3 more sources
This paper proposes a new framework for the optimal operation of a microgrid aggregator (MGA) that participates in an oligopoly electricity market. This aggregator obtains an optimal bidding (power and price) strategy for a multigrid (MG) system, i.e., a
Milad Jokar-Dehoie +6 more
doaj +1 more source
Oligopoly price discrimination, competitive pressure and total output
This paper extends the traditional analysis of the output effect under monopoly (third-degree) price discrimination to a multimarket oligopoly. The author shows that under oligopoly price discrimination, differences in competitive pressure, measured by ...
Aguirre Iñaki
doaj +1 more source
Market Structure and Determinants of Firm Profitability on General Insurance Industry in Indonesia
The purpose of this study is to analyze the market structure of the general insurance industry in Indonesia and the effect of market share, operating expenses to operating income (OEOI), and debt ratio(DR) on profitability measured by return on assets ...
Arintoko +2 more
doaj +1 more source
Game theory analysis in Indonesia’s shipping industry: Case study agreement between PT. X and PT. Y
Nowadays, the container shipping industry in Indonesia has a tendency to oligopoly, even in one shipping route. Two big shipping liners in Indonesia, PT. X and PT. Y, have been dominating sales on the Surabaya-Banjarmasin route.
Heru Susanto
doaj +1 more source

