Traditional oligopoly models hold that firms compete in the same strategic variable, output
(Cournot) or price (Bertrand). Alternatively, a hybrid model allows some firms to compete in …

Purpose–Effective handling of negative word of mouth in the social media has dramatic
impact on customer retention, deflects potential damage and improves profitability. Although …

By analysing interlocking cross-ownership, this work reconsiders the inefficiency of activist
governments that set subsidies for their exporters (Brander and Spencer, J Int Econ 18: 83 …

This paper applies repeated game theory to tacit collusion in dynamic distribution channels
based on the grim trigger strategy. We examine competitors' choice of the strategic …

While most of the beer consumed around the world is produced by macrobrewers such as
AB InBev, craft brewers (or microbreweries) currently receive most attention. In part, this is …

This research investigates the endogenous choice of centralized or decentralized
bargaining and the type of strategic variables by taking into account a vertically-related …

Using life‐cycle assessment–based methods, products can be differentiated by the
environmental performance/impact during their manufacturing and use life‐cycle stages …

Many researchers have used quadratic utility function to study its influences on economic
games with product differentiation. Such games include Cournot, Bertrand, and a mixed …

In a two-tier oligopoly, where the downstream firms are locked in pair-wise exclusive
relationships with their upstream input suppliers, the equilibrium mode of competition in the …

Studies on information sharing in oligopolies focus on either Cournot or Bertrand markets.
We consider a Cournot–Bertrand market where owners provide strategic managerial …