Technology sharing cartels and industrial structure

Article Abstract:

The effects of technology sharing cartels on the conduct of companies and industrial framework are examined. The examination indicates that technological cartels can upgrade social well being. In the context of learning-by-doing prototypes, information sharing permits quicker unit production cost cuts, resulting in greater outputs. It was shown in the learning-by-doing model that knowledge transfers in industries with a predominant company, are inclined to block concentration and enhance chances for competitive markets.

Production Planning & Control, Operational Budgeting, Operations research, Management science, Analysis, Management, Usage, Cartels, Business budgets, Production control, Technology transfer

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Stackelberg versus Cournot oligopoly equilibrium

Article Abstract:

The hierarchal Stackelberg model (HSM) and the standard Cournot-Nash model are two different oligopoly models dealing with output selection. Firms select output in sequential order in the first model while simultaneous selection occurs in the second one. Greater equilibrium prices are set in the Cournot model while a more competitive equilibrium is achieved in the HSM. When firms have a choice of revealing or concealing outputselection, the HSM provides better competitive options.

Models, Competition (Economics), Economic aspects

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Strategic alliances as Stackelberg cartels - concept and equilibrium alliance structure

Article Abstract:

A new study investigates the reasons why oligopolistic companies form strategic alliances, focusing on the behavior of Stackelberg cartels. A detailed analysis of the results is presented.

Research, Joint ventures, Strategic alliances (Business)

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