Endogenous Industry Structure in Vertical Duopoly PDF Download
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Author: Maija Halonen
Publisher:
ISBN: 9789517022682
Category :
Languages : en
Pages : 32
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Book Description
Author: Maija Halonen
Publisher:
ISBN: 9789517022682
Category :
Languages : en
Pages : 32
Get Book Here
Book Description
Author: Maija Halonen-Akatwijuka
Publisher:
ISBN:
Category : Duopolies
Languages : en
Pages : 34
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Book Description
Author: Luca Lambertini
Publisher: Edward Elgar Publishing
ISBN: 9781781958315
Category : Business & Economics
Languages : en
Pages : 240
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Book Description
'This is a high-quality book on an important and central topic in the theory of industrial organisation. It is a cohesive and extremely well written volume which is destined to become a standard work on the subject.' - Mark Casson, University of Reading, UK This original new book offers a comprehensive and engaging perspective on the theory of vertical differentiation. It enables the reader to grasp the key concepts and effects that product quality has both on firms' behaviour and market structure, and the ways in which this relationship has evolved. With contributions from prominent figures in the field, the book investigates a number of important topics, such as the choice of the optimal product range, profit sharing, the existence of equilibrium in duopoly games, positional effects attached to status goods, international trade, collusion, advertising and the dynamics of capital accumulation for quality improvement and product innovation. Using both static and dynamic approaches, these aspects are assessed in relation to the manifold issues of regulation, competition policy and trade policy. Product differentiation and its influence on consumer behaviour and the performance of firms is a core topic in the existing literature in the fields of industrial organization, international trade and economic growth. This book will be an essential read for researchers, students and professional scholars working in these areas, especially those with an interest in antitrust regulation.
Author: DongJoon Lee
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
This study examines the endogenous vertical structure in which each manufacturer sells its product to its exclusive retailer who sells network goods to consumers (i.e. a duopoly in the upstream market) under Bertrand competition and Cournot competition with network externalities. We show that with strong (weak) network externalities under Bertrand competition, (a) it is a dominant strategy for each manufacturer to integrate (separate) its retailer; (b) with strong network externalities, the manufacturers' profits, consumers' surplus and social welfare are higher under vertical integration than under vertical separation. Under Cournot competition, (a) vertical separation is a unique subgame perfect Nash equilibrium; (b) with strong network externalities, the manufacturers' profits, consumers' surplus and social welfare are higher under vertical separation than under vertical integration.
Author: Lin Liu
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
We consider a game of endogenous timing with observable delay in a mixed duopoly with endogenous vertical differentiation in the context of sequential quality and price choice. We find that a simultaneous play in the first opportunity at each stage turns out to be the unique subgame perfect Nash equilibrium, which contrasts with the endogenous timing in a purely private duopoly.
Author: Boyer, Marcel
Publisher: Montréal : Centre for Research on Transportation = Centre de recherche sur les transports
ISBN: 9782893820729
Category :
Languages : en
Pages : 38
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Book Description
Author: Haitao Qu
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
In this paper, a vertical mixed oligopoly framework is used to select the endogenous competition modes with a two-part tariff input price bargaining. We get the following result: First, the public firm does not have the dominant strategy and the private firm's strictly dominant strategy is price competition; Second, due to that the upstream firm's profit maximization, the public firm choosing quantity competition while the private firm choosing price competition is the subgame perfect Nash equilibrium which is in sharp with Matsumura and Ogawa (2012) and Choi (2012, 2019).
Author: Arthur L. Bowley
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 116
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Book Description
Author: René Belderbos
Publisher:
ISBN:
Category :
Languages : en
Pages : 44
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Book Description
Author: James R. Markusen
Publisher: MIT Press
ISBN: 9780262633079
Category : Business & Economics
Languages : en
Pages : 468
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Book Description
A comprehensive microeconomic, general equilibrium theory and empirical analysis of multinational firms.
