Market structure and incentives to innovate: the case of Cournot oligopoly

1999 ◽  
Vol 65 (3) ◽  
pp. 379-388 ◽  
Author(s):  
Sang-Seung Yi
2000 ◽  
Vol 02 (01) ◽  
pp. 29-45 ◽  
Author(s):  
M. P. ESPINOSA ◽  
E. INARRA

We address the problem of endogenous coalition formation in Cournot oligopoly markets. The formation of coalitions is formalised as an abstract system where the elements of the abstract set are derived from a valuation function and the dominance relation specifies the rules of coalition formation. We focus on a particular instance of this approach: Market structure determination under Cournot competition, and in the resulting Cournot merger system we find von Neumann and Morgenstern stable sets.


2017 ◽  
pp. 93-110 ◽  
Author(s):  
O. Anchishkina

The article synthesizes information on database analysis of state, municipal, and regulated procurement through which Russian contract institutions and the market model are investigated. The inherent uncertainty of quantity indicators on contracting activities and process is identified and explained. The article provides statistical evidence for heterogeneous market structure in state and municipal procurement, and big player’s dominance. A theoretical model for market behavior, noncooperative competition and collusion is proposed, through which the major trends are explained. The intrinsic flaws and failure of the current contracting model are revealed and described. This ineffectiveness is regarded to be not a limitation, but a challenge to be met. If responded to, drivers for economic growth and market equilibrium will be switched on.


1972 ◽  
Vol 28 (1) ◽  
pp. 24-28
Author(s):  
Walter P. Stern ◽  
William C. Norby
Keyword(s):  

2017 ◽  
Vol 3 (5) ◽  
pp. 45
Author(s):  
Dmitri Fujii

Recent literature on Mexican industry has emphasized its uneven sectorial development: some sectors have been successful, while the rest remain well behind. Given these circumstances, the present paper proposes a particular division for Mexican industry in High-Tech and Low-Tech sectors. This division is based on technological capabilities for a particular sample of industries during the nineties and verified for statistical robustness using the discriminant analysis technique. Finally, the division is used for an empirical application in terms of profitability and market structure. The empirical results reveal a diverse behaviour of the High-Tech and Low-Tech groups.


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