Tacit Collusion in Capacity Investment: The Role of Capacity Exchanges
نویسندگان
چکیده
منابع مشابه
Tacit Collusion and Capacity Withholding in Repeated Uniform Price Auctions∗
This paper contributes to the study of tacit collusion by analyzing infinitely repeated multiunit uniform price auctions in a symmetric oligopoly with capacity constrained firms. Under both the Market Clearing and Maximum Accepted Price rules of determining the uniform price, we show that when each firm sets a price-quantity pair specifying the firm’s minimum acceptable price and the maximum qu...
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increasing overall liberalization and improving reliability indexes are the two prime but often conflicting objectives of electricity markets. proper embedding of regulatory intervention of price caps provides an effective means to tradeoff between these two objectives. surprisingly, in the context of the infinitely repeated game paradigm, as in the case of actual electricity markets, the domin...
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Background. Golf is relatively new in China, and overall playing skills are low. Although golf coaches are vital in improving golf skills, their teaching skills are underdeveloped. Objectives. This study aims to explore how the coach’s tacit knowledge affects the transfer performance by exploring the factors that affect the teaching ability of Chinese golf coaches. It aims to improve the teach...
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ژورنال
عنوان ژورنال: The B.E. Journal of Theoretical Economics
سال: 2007
ISSN: 1935-1704,2194-6124
DOI: 10.2202/1935-1704.1306