Results 61 to 70 of about 60,951 (215)
JCMS: Journal of Common Market Studies, EarlyView.Abstract The future of money is a crucial issue in the digital age, and the emergence of central bank digital currencies (CBDCs) is widely recognised as a transformative development. However, despite its significant implications for monetary sovereignty, regulatory governance and strategic autonomy, we know relatively little about the political ...
Sebastian Heidebrecht
wiley +1 more source
Market Shares as a Collusive Marker: Evidence From the European Truck Industry
Journal of Economics &Management Strategy, EarlyView.ABSTRACT Collusion theory robustly predicts non‐cartel rivals will raise their prices and increase their output. As a typical cartel cuts back production, its competitors are expected to gain market share during the collusive period and to lose market share in the period following the cartel's demise. We provide empirical support for this prediction by
Andreas Bovin, Iwan Bos
wiley +1 more source
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)
Dermot Leahy, J. Peter Neary
core
THE STRATEGIC TRADE POLICIES: COMMERCIAL DISPUTES ON THE WORLD AIRCRAFT MARKET [PDF]
CES Working Papers, 2012 The paper aims to illustrate how strategic trade policy is used by analyzing the concrete situation in the world aircraft industry, focusing on the case of the large civil aircrafts and on the regional jet aircrafts.
Sorin-Ștefan Maha, Liviu-George Maha
doaj
Does Branded Food Product Advertising Help or Hurt Farmers?
Journal of Agricultural and Resource Economics, 2002 This study investigates market conditions when food processor/handler brand advertising, whether undertaken by an investor-owned firm or by a cooperative, will benefit or harm farmers.
Mingxia Zhang +2 more
doaj +1 more source
Cross Ownership Versus Merger Under Product Differentiation
Journal of Economics &Management Strategy, EarlyView.ABSTRACT We compare the merger participants' profits under a merger and under cross ownership (CO) in an oligopolistic industry with horizontally differentiated products. We show under Cournot competition that the merger participants would be better off under a symmetric CO than a merger.
Arijit Mukherjee
wiley +1 more source
State-Owned Enterprise, Mixed Oligopoly and Entry [PDF]
We analyse state-owned enterprise (SOE) behaviour under pure and mixed oligopoly. An industry comprising at least two SOEs is shown not to have a symmetric stable equilibrium. This suggests the need for planning in such industries.
Bennett, John, Manfredi La Manna
core
Product Positioning and Incentives to Innovate
Journal of Economics &Management Strategy, EarlyView.ABSTRACT This paper shows that product positioning affects the incentives to invest in process innovation. The result is found using a model of price competition with three firms under horizontal product differentiation—and then extended to a more general Bertrand triopoly.
Emanuele Bacchiega, Paolo G. Garella
wiley +1 more source
WELFARE LOSSES UNDER ALTERNATIVE OLIGOPOLY REGIMES: THE U.S. FOOD AND TOBACCO MANUFACTURING INDUSTRIES [PDF]
This article systematically estimates the allocative efficiency losses in the U.S. food and tobacco manufacturing industries under alternative oligopoly pricing regimes using a formal model of oligopoly.
Bhuyan, Sanjib, Lopez, Rigoberto A.
core +1 more source
Recent Developments in Empirical IO: Dynamic Demand and Dynamic Games [PDF]
Empirically studying dynamic competition in oligopoly markets requires dealing with large states spaces and tackling difficult computational problems, while handling heterogeneity and multiple equilibria. In this paper, we discuss some of the ways recent
Aviv Nevo +3 more
core +3 more sources