SCOTTISH JOURNAL OF POLITICAL ECONOMY 70(3) 201-216 2023年7月 [査読有り]
In network industry under Cournot and Bertrand competition, we examine a model when owners of firms hire biased managers who have incorrect market demand. Contrast to previous studies, we show that (i) regardless of the strength of network externa...
INTERNATIONAL JOURNAL OF ECONOMIC THEORY 18(4) 461-471 2022年12月 [査読有り]
We compare collusion stability under Bertrand and Cournot duopoly with differentiated network products. Contrast to previous studies, we show that (i) the range of collusion incentive is narrower under Cournot competition than under Bertrand compe...
REVIEW OF INDUSTRIAL ORGANIZATION 61(2) 223-246 2022年9月 [査読有り]
By allowing the supplier to contract simultaneously or sequentially with asymmetric retailers under Bertrand competition, we analyze the welfare implications of banning price discrimination in input markets. In contrast to Cournot competition, we ...
MANAGERIAL AND DECISION ECONOMICS 43(6) 2098-2107 2022年9月 [査読有り]
This study investigates the strategic commitment of downstream firms' private R&D investments. While an observable investment, as a pre-production commitment, influences an upstream firm's input price, it affects a rival downstream firm's output. ...
MANAGERIAL AND DECISION ECONOMICS 43(5) 1462-1475 2022年7月 [査読有り]
We investigate the choice of endogenous timing in the presence of network externalities under Bertrand competition. Contrary to the results of sequentiality in equilibrium, we demonstrate that when managers are being delegated both the market and ...
国際学部
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