Browsing Department of Economics by Subject "JEL Classification Number: D43"

Now showing items 1-3 of 3

    • Cournot Competition 
      Daughety, Andrew F. (Vanderbilt University, 2006)
      Cournot's 1838 model of strategic interaction between competing firms has become the primary workhorse for the analysis of imperfect competition, and shows up in a variety of fields, notably industrial organization and ...
    • Hotelling Was Right About Snob/Congestion Goods (Asymptotically) 
      Ahlin, Christian; Ahlin, Peter (Vanderbilt University, 2006)
      We add congestion/snobbery to the Hotelling model of spatial competition. For any firm locations on opposite sides of the midpoint, a pure strategy price equilibrium exists and is unique if congestion costs are strong ...
    • Imperfect Competition and Quality Signaling 
      Daughety, Andrew F.; Reinganum, Jennifer F. (Vanderbilt University, 2005)
      We examine the interplay of imperfect competition and incomplete information in the context of price competition among firms producing horizontally- and vertically-differentiated substitute products. We find that incomplete ...