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Keyword: price competition;

3 results found.

Econometrics Paper

Noise and Competition in Strategic Oligopoly

Ramdan Dridi and Laurent Germain

Focusing on homogeneous beliefs, we can distinguish two commonly shared ideas that, i) the competition between informed traders destroys their trading profits, ii) trading with a noisy signal brings about a loss in the e...Read more...

June 2000

Economics of Industry Paper

Price Competition and Market Structure: The Impact of Restrictive Practices Legislation on Concentration in the UK (Revised version pubished in Journal of Industrial Economics, vol.48 (March 2000), pp.1-26)

George Symeonidis

This paper examines the impact of firms' conduct on market structure. It studies the evolution of concentration in UK manufacturing following the abolition of cartels using a theoretical framework based on Sutton's theor...Read more...

June 1997

Economics of Industry Paper

Cartel Policy, Non-Price Competition and Market Structure: Theory and Evidence from the UK (Revised version published in Economica, vol.67 (August 2000), pp.437-456)

George Symeonidis

This paper examines the impact of price competition on advertising/R&D expenditure and market structure. General theoretical results are derived which restrict the space of possible outcomes regarding the behaviour of co...Read more...

June 1997