price (Bertrand) competition
Cournot and Bertrand competition with asymmetric costs in a mixed duopoly revisited
... (i) Bertrand competition or quantity-price competition can occur depending on the degree of public firm’s inefficiency when the goods are ...sustained Bertrand competition when ...
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A dynamic model of renewable resource harvesting with Bertrand competition
... study price competition between firms engaged in research and ...apply Bertrand competi- tion to a differential game of ...compared Bertrand and Cournot equilibria for differential games of ...
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Moral Hazard, Bertrand Competition, and Natural Monopoly
... under Bertrand competition with free entry, some firms may choose to set a price that generates no sales, thus remaining ...what price to ...under Bertrand competition is ...
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Bertrand Competition with Non rigid Capacity Constraints
... of Bertrand competition with non-rigid ca- pacity constraints, so that by incurring an additional cost, firms can produce beyond ...a price can be sustained as a pure strategy Nash equilibrium if and ...
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Cournot Bertrand competition in a unionized mixed duopoly
... either price or quantity, that is a type of contract, to set in the unionized mixed ...or price simultaneously, in order to maximize its objective knowledge of the strategic variable of the public and ...
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Comparing Cournot and Bertrand Competition in a Unionized Mixed Duopoly
... and Bertrand competition in a mixed oligopoly without trade unions and without an endogenous type of ...in price ordering between Bertrand and Cournot competition for private firms, a ...
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Cournot and Bertrand competition with asymmetric costs in a mixed duopoly
... choose Bertrand competition, while there exists a dominant strategy only for the private firm that chooses Bertrand competition if the degree of inefficiency is sufficiently ...of ...
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Competition of Intermediaries in a Differentiated Duopoly
... to price discrimination, the quality of the intermediaries’ products is assumed to be iden- ...and Bertrand competition (Proposi- tions 3 and ...of price competition can in general no ...
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The classical notion of competition revisited
... François Bertrand wrote a highly critical review of Walras’ Théorie mathématique de la richesse sociale and Cournot’s Recherches sur les principes mathématiques de la théorie des ...Walras, Bertrand focused ...
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Welfare Analysis of Cournot and Bertrand Competition With(out) Investment in R & D
... and Bertrand competition models with or without investment in research and ...Cournot price can be lower than Bertrand price when the R&D technology is relatively inefficient; thus, ...
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The Timing of Endogenous Wage Setting under Bertrand Competition in a Unionized Mixed Duopoly
... under Bertrand competition in a union- ized mixed duopoly is always sequential if the degree of imperfect substitutability is sufficiently ...considers price decreases for the consumer ...
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Reverse First mover and Second mover Advantage in a Vertical Structure
... market price than do simultaneous-move quantity ...sequential-move price game than under simultaneous-move price ...its price first makes a lower profit than the firm ...its price ...
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Quality diversity and prices in markets for experience goods
... that price differences for alternative quality levels should significantly exceed the respective differences in production ...of competition due to alterations in the firms’ entry ...on Bertrand ...
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Price and Quality Competition
... the price-quality competition model, low-quality is always associated with lower prices, and high-quality with higher ...some competition from the other quality, it can charge a price in ...
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Income Distribution, Vertical Differentiation, and the Quantity Competition
... quantity competition is quite lower than that of the price ...the price competition, the con- centration of the consumers would enhance the competition between the ...the ...
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Mixed Duopoly with Price Competition
... Given the importance of this market form there is a large and growing literature on mixed oligopoly. The early work of Merrill and Schneider (1966) has been followed by, among others, Cremer et al. (1989, 1991), De Fraja ...
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Cournot Oligopoly, Price Discrimination and Total Output
... consider price discrimination under quantity competition in the …nal good ...intertemporal price discrimination Dana and Williams (2016) show how inventory controls can facilitate oligopoly ...
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Dynamic Price Dispersion in a Bertrand Edgeworth Model
... of price dispersion by introducing demand uncertainty or capacity constraints into the model ...Equilibrium price dispersion under perfect competition with demand uncertainty was rst introduced by ...
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Collusion in Bertrand versus Cournot competition : a virtual bargaining approach
... in price competition than in quantity competition? Why is collusion so hard to detect? We examine strategic behavior in competitive interactions by developing and applying the concept of virtual ...
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Empire building and Price Competition
... low price of protection in order to extend its ...lower price being protected by an empire than another. Competition among empires gives rise to a protection rent for buyers of protection, hereafter ...
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