It has been a matter of abiding mystery, at least to me, why political pundits don’t bother to check with economic theory to validate whatever they are saying. There is zero effort on their part to ...
Satoh, Atsuhiro and Tanaka, Yasuhito identify Maximin and minimax strategies in symmetric oligopoly: Cournot and Bertrand. ABSTRACT: We examine maximin and minimax strategies for firms under symmetric ...
In this note we analyze the incentives to merge in a mixed duopoly if firms compete in prices or quantities. Our model framework mainly follows Barcena-Ruiz and Garzon (J Econ 80:27-42, 2003) who set ...
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