215 research outputs found
Strategies of Foreign Direct Investment in the Presence of Technological Spillovers
Dawid H, Zou B. Strategies of Foreign Direct Investment in the Presence of Technological Spillovers. Working Papers in Economics and Management. Vol 12-2013. Bielefeld: Bielefeld University, Department of Business Administration and Economics; 2013.In this paper we present a differential game model of two firms with different
technologies producing the same good and selling in the same world market.
The firm equipped with advanced technology is deciding whether to outsource parts
of its production to the home country of its competitor, where wages and the level of
technology are lower. Outsourcing reduces production costs but is associated with
spillovers to the foreign competitor. The degree to which the foreign competitor can
absorb these spillovers depends on its absorptive effort. Using numerical methods
the properties of a Markov Perfect Equilibrium of this game are characterized and
the implications of the variation of different key parameters are examined
Coordinating Static and Dynamic Supply Chains with Advertising through Two-Part Tariffs
Managerial delegation in a dynamic renewable resource oligopoly
I propose a differential oligopoly game of resource extraction under (quasi-static) open-loop and nonlinear feedback strategies, where firms are managerial and two alternative types of delegation contract are considered. Under open-loop information, delegation expands the residual steady state resource stock. Conversely, under nonlinear feedback information the outcome depends on the structure of managerial incentives. If sales are used, once again delegation favours resource preservation. On the contrary, if market shares are included in the delegation contract, this combines with an underlying voracity effect in shrinking the steady state volume of the resource
On the Interplay between Resource Extraction and Polluting Emissions in Oligopoly
This paper offers an overview of the literature discussing oligopoly games in which polluti ng emissions are generated by the supply of goods requiring a natural resource as an input. An analytical summary of the main features of
the interplay between pollution and resource extraction is then given using a differential game based on the Cournot oligopoly model, in which (i) the bearings on resource preservation of Pigouvian tax rate tailored on emissions
are singled out and (ii) the issue of the optimal number of firms in the commons is also addressed
On the Attainment of the Maximum Sustainable Yield in the Verhulst-Lotka-Volterra Model
On the Feedback Solution of a Differential Oligopoly Game with Hyperbolic Demand and Capacity Accumulation
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