Author: Xiangkang YinPublisher:
ISBN:
Category :
Languages : en
Pages : 12
Book Description
Quality Precommitment and Bertrand Competition Yield Cournot Outcomes
Author: Xiangkang YinQuantity Precommitment and Bertrand Competition Yield Cournot Outcomes
Author: Xiangkang YinPublisher:
ISBN:
Category : Competition
Languages : en
Pages : 28
Book Description
Cournot Pre-commitment and Bertrand Competition Yield Cournot Outcomes
Author: David M. KrepsPublisher:
ISBN:
Category : Oligopolies
Languages : en
Pages : 20
Book Description
Quantity Precommitment and Bertrand Competition Yield Cournot Outcomes
Author: Xiangkang YinPublisher:
ISBN:
Category :
Languages : en
Pages : 0
Book Description
Using a simple model of two-stage duopoly game, this paper shows that Bertrand-like price competition on a differentiated goods market, following a simultaneous endogenous choice of production capacity, yields the Cournot-like outcomes.
Capacity Precommitment and Price Competition Yield Cournot Outcomes
Author: A Comment on Yin, Xiangkang and Yew-kwang Ng
Author: Norbert SchulzThe Economics of Vertically Differentiated Markets
Author: Luca LambertiniPublisher: Edward Elgar Publishing
ISBN: 9781781958315
Category : Business & Economics
Languages : en
Pages : 240
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.
New Perspectives on Industrial Organization
Author: Victor J. TremblayPublisher: Springer Science & Business Media
ISBN: 1461432413
Category : Business & Economics
Languages : en
Pages : 820
Book Description
This book covers the main topics that students need to learn in a course on Industrial Organization. It reviews the classic models and important empirical evidence related to the field. However, it will differ from prior textbooks in two ways. First, this book incorporates contributions from behavioral economics and neuroeconomics, providing the reader with a richer understanding of consumer preferences and the motivation for many of the business practices we see today. The book discusses how firms exploit consumers who are prone to making mistakes and who suffer from cognitive dissonance, attention lapses, and bounded rationality, for example and will help explain why firms invest in persuasive advertising, offer 30-day free trials, offer money-back guarantees, and engage in other observed phenomena that cannot be explained by the traditional approaches to industrial organization. A second difference is that this book achieves a balance between textbooks that emphasize formal modeling and those that emphasize the history of the field, empirical evidence, case studies, and policy analysis. This text puts more emphasis on the micro-foundations (i.e., consumer and producer theory), classic game theoretic models, and recent contributions from behavioral economics that are pertinent to industrial organization. Each topic will begin with a discussion of relevant theory and models and will also include a discussion of concrete examples, empirical evidence, and evidence from case studies. This will provide students with a deeper understanding of firm and consumer behavior, of the factors that influence market structure and economic performance, and of policy issues involving imperfectly competitive markets. The book is intended to be a textbook for graduate students, MBAs and upper-level undergraduates and will use examples, graphical analysis, algebra, and simple calculus to explain important ideas and theories in industrial organization.
Applied International Trade Analysis
Author: Harry BowenPublisher: University of Michigan Press
ISBN: 9780472066704
Category : Business & Economics
Languages : en
Pages : 684
Book Description
An international trade text that integrates theoretical and applied methods
Imperfect Competition And Political Economy
Author: Colin CarterPublisher: CRC Press
ISBN: 0429694474
Category : Science
Languages : en
Pages : 270
Book Description
This book presents International Agricultural Trade Research Consortium commissioned papers. The papers systematically explore the conceptual and empirical dimensions of the new trade theory and try to determine the potential application to agricultural trade and trade policy analysis.