Tim Kochanski (Systems Science Program – Department of Economics Portland State University) undertakes work in An Agent Based Cournot Simulation with Innovation: Identifying the Determinants of Market ...

In studies on the liberalization of Japanese electricity markets, simulations targeting whole areas of liberalization have been conducted. However, new entries have been very rare except in the area ...

The interaction of selfish, rational actors in the provision of a public good is analysed, in an attempt to explain recent experimental findings as well as real-world cases of voluntary collective ...

We investigate the exertion of market power in the global crude oil market over the past years. Recognizing the difficulty of identifying market power in the crude oil market by empirical studies, we ...

Game theory has long served as a cornerstone in understanding competitive strategies in markets where few firms operate. In particular, duopoly and oligopoly frameworks illustrate how firms’ strategic ...