Browsing College of Human Sciences by Subject "Bertrand and Cournot competition"

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Endogenous mode of competition in general equilibrium

Neary, J. Peter ; Tharakan, Joe (University College Dublin. School of Economics, 2005-12-12)

This paper endogenises the extent of intra-sectoral competition in a multi-sectoral model of oligopoly in general equilibrium. Firms choose capacity followed by prices. If the benefits of capacity investment in a given ...
Symmetric research joint ventures : cooperative substitutes and complements

Leahy, Dermot ; Neary, J. Peter (University College Dublin. School of Economics, 2004-05)

We introduce the concept of cooperative substitutes and complements, and use it to throw light on the conditions for a research joint venture to choose equal levels of R&D by all member firms. We show that the second-order ...