Given these assumptions, the price-output relationship in the oligopolist market is explained in Figure 1 where KPD is the kinked demand curve and OP0the prevailing price in the oligopoly market for the OR product of one seller. Starting from point P, corresponding to the current price OP1, ...
We propose a generic oligopsony-oligopoly model to study bank behavior under uncertainty in developing countries. We derive a pricing structure that acknowledges market power in both the deposit and loan markets and identify two theoretical components to the loan rate: a rent extraction component ...
We propose a generic oligopsony-oligopoly model to study bank behavior under uncertainty in developing countries. We derive a pricing structure that acknowledges market power in both the deposit and loan markets and identify two theoretical components to the loan rate: a rent extraction component res...
market transparency leads to a higher intensity of competition (Cao and Gruca2003), limiting the market power of established firms and leaving growth potential for smaller firms (Zhao et al.2017), it appears reasonable to predict that most online markets will ultimately resemble an oligopoly ...
It explains price competition by arguing that a market price goes down if—and only if—a price cut appears profitable to a firm even if its competitors follow suit. It also explains why markets do not always clear, that is, why production can be restricted by sales and not capacity at ...
In Section 3 we solve the oligopoly model for all cases. In Section 4 we provide some extensions of the main model, and in Section 5 we conclude. Section snippets Assumptions Consider a market with two retailers, each selling two homogeneous goods labeled a and b. The marginal cost of ...
This paper researches the transfer pricing strategies for divisional firms facing duopolistic price competition in the external intermediate products market.When the external intermediate products market is oligopoly,and the internal and external prices of intermediate products are equal,the optimal transfer...
Oligopoly Pricing in the World Wheat Market When the residual demand curve for wheat facing the United States and Canada shifts to the left, or when the exportable surplus of Australia is large, mark... CM Alaouze,AS Watson,NH Sturgess - 《American Journal of Agricultural Economics》 被引量...
An oligopoly refers to a marketplace dominated by a small number of companies, and in which there are substantial barriers to new entrants in the market. The companies in an oligopoly generally have combined, but not an individual, market power. An example of oligopoly is the market for cellp...
Yehezkel, "Oligopoly limit-pricing in the lab [Dataset]", http://hdl.handle.net/1902.1/12737 Dataverse Network [... W Müller,Y Spiegel,Y Yehezkel - Tilburg University 被引量: 13发表: 2006年 Dynamic limit pricing I study a multiperiod model of limit pricing under one-sided incomplete ...