Existence of Chaos in a Restricted Oligopoly Model with Investment Periods

Author(s):  
Jose S. Cánovas
Keyword(s):  
1994 ◽  
Vol 23 (2) ◽  
pp. 125-139 ◽  
Author(s):  
Ronald W. Cotterill

This paper reviews prior research by agricultural economists on the demand for food products using scanner data. Thereafter, a differentiated product's oligopoly model with Bertrand price competition is developed and used to specify brand level demand and oligopoly price reaction equations. The model has sufficient detail to estimate brand level price elasticities and price response elasticities which in turn can be used to estimate three indices of market power. The first index estimated is the familiar Rothschild Index. The paper develops estimates two new indexes, the observed index and the Chamberlin quotient for tacit collusion. It concludes with comments on how the proposed method for the measurement of market power in a differentiated oligopoly can be improved.


2009 ◽  
Vol 10 (1) ◽  
pp. 53-63
Author(s):  
Jose Mendez-Naya ◽  
Tomas Gomez-Arias

The effects of production cost asymmetries on the sustainability of customs unions among producing countries are investigated using a homogeneous-product Cournot oligopoly model, in which three producing countries subsidize exports of an homogeneous good to a consumer country that imposes a tariff on imports. It is found that the only sustainable customs union is the one formed by the three-member customs union. However, although the said customs union will be in equilibrium if utility transferences among member countries are allowed, it could not be in equilibrium if such transferences are not allowed.


2019 ◽  
Vol 70 (3) ◽  
pp. 458-475 ◽  
Author(s):  
Lorenzo Cerboni Baiardi ◽  
Ahmad K. Naimzada

2015 ◽  
Vol 126 ◽  
pp. 147-149 ◽  
Author(s):  
A. Kerem Coşar ◽  
Paul L.E. Grieco ◽  
Felix Tintelnot

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