Results 111 to 120 of about 1,987 (214)

The effect of private road supply on the volume/capacity ratio when firms compete Stackelberg in Road Capacity [PDF]

open access: yes
We study road supply by competing firms between a single origin and destination. In previous studies, firms simultaneously set their tolls and capacities while taking the actions of the others as given in a Nash fashion.
Vincent Van Den Berg
core  

A Stackelberg Game Model of Dynamic Duopolistic Competition with Sticky Prices [PDF]

open access: yes
We develop the following Stackelberg game model of dynamic duopoly with sticky prices the leader chooses its time profile of outputs to maximize the discounted sum of proftis, while the follower chooses the optimal output to maximize the instantaneous ...
Kenji Fujiwara
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Profit Raising Entry [PDF]

open access: yes
Common wisdom suggests that entry reduces profits of the incumbent firms. On the contrary, we show that if the incumbents differ in marginal costs and the entrants behave like Stackelberg followers, entry may benefit the incumbents who are relatively ...
Arijit Mukherjee, Laixun Zhao
core  

On the FDI-atrracting property of privatization. [PDF]

open access: yes
In this paper, we provide an explanation of why privatization may attract foreign investors willing to enter a regional market. Privatization turns the formerly-public firm into a less aggressive competitor since prot-maximizing output is lower than the ...
Giuseppe De Feo, Oscar Amerigi
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