This paper demonstrates that relative-performance based strategic managerial delegation
does not lead to the equivalence of Bertrand and Cournot equilibria in the presence of …

This paper examines how product differentiation as well as strategic managerial delegation
affects optimal emission tax rate, environmental damage and social welfare, under …

In many emerging economies incumbent firms often use dubious means to deter entry of
other firms. We analyze this scenario in a three‐stage game of entry deterrence. The …

This paper analyzes implications of network compatibility and competition on process
innovation in differentiated network goods duopoly. It shows that firms' R&D investments are …

Within a simple model of homogeneous oligopoly, we show that the traditional ranking
between Bertrand and Cournot equilibria may be reversed. For price setting entails a …

Economic growth requires that firms adopt new technologies. However, it may be insufficient
in less competitive industries from the social welfare point of view. In this case, a government …

This book provides an economic analysis of various aspects of 'market quality'using the tools
of 'oligopoly theory'and 'auction theory'. While many of the problems are motivated by real …

We present an analysis about subsidy (or tax) policy for adoption of new technology in a
duopoly with a homogeneous good. Technology itself is free. However, firms must expend …

We develop a timing game for adopting a product technology that features a public good.
We investigate the effects of the degree of product market competition, product …

The incentives to adopt cost‐reducing technology by firms in a horizontally‐differentiated
duopoly are analysed in the present paper. Cost reduction depends on the 'quality'of the …