In many industries, firms pre-order input and forward sell output prior to the actual production period. It is known that forward buying input induces a "Cournot-Stackelberg endogeneity" (both Cournot and Stackelberg outcomes may result in equilibrium) and forward selling output induces a convergence to the Bertrand solution. I analyze the generalized model where firms pre-order input and forward sell output. First, I analyze oligopolists producing homogenous goods, generalize the Cournot-Stackelberg endogeneity to oligopoly, and show that it additionally includes Bertrand in the generalized model. This shows that the "mode of competition" between firms may be entirely endogenous. Second, I consider heterogenous goods in duopolies, which ge...
Two-period Cournot competition between n identical firms producing at constant marginal cost and abl...
The main purpose of this paper is to provide a detailed comparison of two types of oligopolistic com...
The issue of equilibrium selection in a duopoly game between a profit maximizing and a labour manage...
In many industries, firms pre-order input and forward sell output prior to the actual production per...
The prediction of asymmetric equilibria with Stackelberg outcomes is clearly the most frequent resul...
The prediction of asymmetric equilibria with Stackelberg outcomes is clearly the most frequent resul...
If Cournot oligopolists may sell their output prior to its production (forward trading), competition...
The issue of equilibrium selection in a duopoly game between a profit maximizing and a labour manage...
Abstract Two-period Cournot competition between n identical firms producing at constant marginal cos...
Thesis (Ph. D.)--University of Rochester. Department of Economics, 2013. "Chapter 3 of this diss...
In this paper we allow the firms to choose their prices and quantities simultaneously. Quantities ar...
The Bertrand and Cournot models are the main frameworks in the analysis of oligopolistic competition...
We investigate the endogenous order of moves in a price-setting mixed oligopoly model, comprising tw...
Cournot model of oligopoly appears as a central model of strategic interactionbetween competing firm...
This paper examines the relationship between Cournot and Stackelberg equilibrium, and whether ration...
Two-period Cournot competition between n identical firms producing at constant marginal cost and abl...
The main purpose of this paper is to provide a detailed comparison of two types of oligopolistic com...
The issue of equilibrium selection in a duopoly game between a profit maximizing and a labour manage...
In many industries, firms pre-order input and forward sell output prior to the actual production per...
The prediction of asymmetric equilibria with Stackelberg outcomes is clearly the most frequent resul...
The prediction of asymmetric equilibria with Stackelberg outcomes is clearly the most frequent resul...
If Cournot oligopolists may sell their output prior to its production (forward trading), competition...
The issue of equilibrium selection in a duopoly game between a profit maximizing and a labour manage...
Abstract Two-period Cournot competition between n identical firms producing at constant marginal cos...
Thesis (Ph. D.)--University of Rochester. Department of Economics, 2013. "Chapter 3 of this diss...
In this paper we allow the firms to choose their prices and quantities simultaneously. Quantities ar...
The Bertrand and Cournot models are the main frameworks in the analysis of oligopolistic competition...
We investigate the endogenous order of moves in a price-setting mixed oligopoly model, comprising tw...
Cournot model of oligopoly appears as a central model of strategic interactionbetween competing firm...
This paper examines the relationship between Cournot and Stackelberg equilibrium, and whether ration...
Two-period Cournot competition between n identical firms producing at constant marginal cost and abl...
The main purpose of this paper is to provide a detailed comparison of two types of oligopolistic com...
The issue of equilibrium selection in a duopoly game between a profit maximizing and a labour manage...