We present a Cournot-Nash model of horizontal mergers between firms that engage in spatial price discrimination.
In a 3-firm model of vertical product differentiation, three distinct patterns of market shares emerge as an equilibrium outcome, reflecting three distinct strategies in respect of timing of the intro
This paper explores the relationship between dynamic oligopolistic competition and static conjectural variations equilibria.
We examine first mover advantages in a new product market with sequential entry.
Unweighted average labour productivities indicate an even larger German advantage over Britain than the usual employment-weighted averages.
De novo entry into local markets by the top twenty US supermarket chains is examined using logit analysis.
This paper considers cost changes affecting all firms in a constant-returns-to-scale Cournot oligopoly. Cost increases may paradoxically benefit some or even all firms.