Game theory has long served as a cornerstone in understanding competitive strategies in markets where few firms operate. In particular, duopoly and oligopoly frameworks illustrate how firms’ strategic ...

In this note we analyze the incentives to merge in a mixed duopoly if firms compete in prices or quantities. Our model framework mainly follows Barcena-Ruiz and Garzon (J Econ 80:27-42, 2003) who set ...

Elisabetta Ottoz, University of Turin - Department of Economics and Franco Cugno, University of Turin - Department of Economics discuss The Independent Invention Defence in a Cournot Duopoly Model.

A cost-reducing innovation is available to Cournot duopolists through licensing. The firms are ex ante heterogeneous and adoption of the innovation impacts them differently. Is it possible for the ...