Abstract: We investigate the impact of coalition formation on the efficiency of Cournot games where producers face uncertainties. In particular, we study a market model where firms must determine ...

Elvis Picardo is a regular contributor to Investopedia and has 25+ years of experience as a portfolio manager with diverse capital markets experience. Robert Kelly is managing director of XTS Energy ...

Welcome to our eleventh episode of the “Micro-economics” series! It is a short-form video series brought to you by the ABA Antitrust Section's Economics Committee. Each episode teaches a fundamental ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Dr. JeFreda R. Brown is a financial ...

Michel Cournot was a French journalist, screenwriter, and film director known for his contributions to literature and cinema. He began his career as a journalist, writing for publications such as ...

ABSTRACT: This paper revisits the interplay between law and economics from an unconventional perspective, shifting away from the traditional lawyer-economist view to that of an economist-mathematician ...

The current trend in economics research is to incorporate quantum mechanical concepts to increase the security of business models. This interdisciplinary field of study represents real-world market ...

In the last 24 months India has conducted 16 State assembly elections. In five months from now it will conduct a general election. That is, a billion-and-a-half votes being cast in two years. It’s ...

We analyze a mixed duopoly market with a public and a private firm competing in the downstream market. The public firm is partially privatized and a regulator decides on the privatization level to ...