Linear demand systems and quasi-linear quadratic utility models are widely used in
industrial economics. We clarify the link between the two settings and explain their exact …

This paper reviews some puzzling economic aspects of globalization and argues that they
cannot be satisfactorily addressed in perfectly or monopolistically competitive models …

This article analyzes the duality of prices and quantities in a differentiated duopoly. It is
shown that if firms can only make two types of binding contracts with consumers, the price …

Using lattice-theoretical methods, we analyze the existence and order structure of Nash
equilibria of non-cooperative games where payoffs satisfy certain monotonicity properties …

I analyze the effects of competition on process innovation and product introduction and
obtain robust results that hold for a range of market structures and competition modes. It is …

Two versions of a vertical product differentiation model, one with fixed and the other with
variable costs of quality, are analysed to study how the hypotheses of price versus quantity …

This article presents an overview of the recent development in the new economic geography
(NEG), and discusses possible directions of its future development. Since several surveys …

This paper investigates a revenue-sharing contract for coordinating a supply chain
comprising one manufacturer and two competing retailers. The manufacturer, as a …

A model of trade with m buyers and m sellers is considered in which price is set to equate
revealed demand and supply. In a Bayesian Nash equilibrium, each trader acts not as a …

The theory of monotone comparative statics and supermodular games is presented as the
appropriate tool to model complementarities. The approach, which has not yet been fully …