Results 41 to 50 of about 60,905 (206)
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
Game theory analysis in Indonesia’s shipping industry: Case study agreement between PT. X and PT. Y
Scientific Journal of Gdynia Maritime University, 2020 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
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
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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
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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
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GAME THEORY AND THE STRATGIC BEHAVIOR OF OLIGOPOLIES [PDF]
Zbornik Radova Ekonomskog Fakulteta u Istočnom Sarajevu, 2011 Analysis of market structures is thearea of economics, where game theory has madethe greatest use. On competitive markets with manyparticipants, each participant seeks the bestsolution for himself/herself, ignoring the actions ofother participants ...
Slađana Radović
doaj
Beef Cattle Large Commodity Chain in East Java: Market Structure and Performance Analysis
Agriekonomika, 2019 Smallholder farmers dominate in the beef cattle industry (98%), and the contribution of large farmers is only 2%. National beef cattle industry could not fulfill domestic demand.
Andrie Kisroh Sunyigono
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, 1983 Actions a firm takes in one market may affect its profitability in other markets, beyond any joint economies or diseconomies in production. The reason is that an action in one market, by changing marginal costs in a second market, may change competitors' strategies in that second market.
Jeremy I. Bulow +2 more
openaire +1 more source
Cooperation and Managerial Delegation in Duopoly Revisited
Bulletin of Economic Research, EarlyView.ABSTRACT This paper shows that the cooperative game with managerial delegation (in both the Cournot and Bertrand settings) and the Bertrand benchmark game (without delegation or cooperation) are equivalent in duopoly. The cooperative solution may be the equilibrium of the game, and this outcome can be beneficial for consumer surplus and welfare when ...
José A. Novo‐Peteiro
wiley +1 more source