2016
Autores
Pinto, AA; Almeida, JP; Parreira, T;
Publicação
JOURNAL OF DYNAMICS AND GAMES
Abstract
We develop a theoretical framework to study the location-price competition in a Hotelling-type network game, extending the Hotelling model, with linear transportation costs, from a line (city) to a network (town). We show the existence of a pure Nash equilibrium price if, and only if, some explicit conditions on the production costs and on the network structure hold. Furthermore, we prove that the local optimal localization of the firms are at the cross-roads of the town.
2016
Autores
Pinto, AA; Parreira, T;
Publicação
JOURNAL OF DYNAMICS AND GAMES
Abstract
For the quadratic Hotelling model, we study the optimal localization and price strategies under incomplete information on the production costs of the firms. We compute explicitly the pure Bayesian-Nash price duopoly equilibrium and we prove that it does not depend upon the distributions of the production costs of the firms, except on their first moments. We find when the maximal differentiation is a local optimum for the localization strategy of both firms.
2016
Autores
Ferreira, M; Almeida, JP; Oliveira, BMPM; Pinto, AA;
Publicação
Springer Proceedings in Mathematics and Statistics
Abstract
We consider an R&D investment function in a Cournot duopoly competitionmodel inspired in the logistic equation. We study the economical effects resulting from the firms having different R&D efficiencies. We present three cases: (1) both firms are efficient and have the same degree of efficiency; (2) both firms are less efficient and have the same degree of efficiency; (3) firms are asymmetric in terms of the efficiency of their R&D investment programs.We study the myopic dynamics on the production costs obtained from investing the Nash investment equilibria. © Springer-Verlag Berlin Heidelberg 2016.
2016
Autores
Alsedà i Soler, L; Cushing, JM; Elaydi, S; Pinto, AA;
Publicação
Springer Proceedings in Mathematics & Statistics
Abstract
2016
Autores
Martins, J; Banik, N; Pinto, AA;
Publicação
Springer Proceedings in Mathematics and Statistics
Abstract
In this work, we study the phenomena of dumping in a duopoly market through an infinitely repeated game. We consider two firms of different countries competing in the same country. When both firms are cooperating, if the foreign firm deviates from cooperation this can be interpreted as dumping and a period of punishment can be imposed to the foreign firm. After this, firms can play continuously the deviation-punishment game or compete à la Cournot. Previously, we observe that the repeated strategy of deviation-punishment is not adopted in the case of symmetric demand equations. Here, we observe that this strategy of repeated dumping can appear as the best repeated strategy when the demand equations are non-symmetric. © Springer-Verlag Berlin Heidelberg 2016.
2016
Autores
Pinto, AA; Accinelli Gamba, E; Yannacopoulos, AN; Hervés Beloso, C;
Publicação
Trends in Mathematical Economics: Dialogues Between Southern Europe and Latin America
Abstract
This book gathers carefully selected works in Mathematical Economics, on myriad topics including General Equilibrium, Game Theory, Economic Growth, Welfare, Social Choice Theory, Finance. It sheds light on the ongoing discussions that have brought together leading researchers from Latin America and Southern Europe at recent conferences in venues like Porto, Portugal; Athens, Greece; and Guanajuato, Mexico. With this volume, the editors not only contribute to the advancement of research in these areas, but also inspire other scholars around the globe to collaborate and research these vibrant, emerging topics.
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