This is a preview. Log in through your library . Abstract The purpose of this paper is to develop an asymmetric game-theoretic static oligopoly model suitable for empirical work on oligopolistic ...

In this paper I develop a simultaneous equations oligopoly model of the regulated international ocean liner shipping industry. The firms act as a cartel to determine price jointly and then set their ...

It has been a matter of abiding mystery, at least to me, why political pundits don’t bother to check with economic theory to validate whatever they are saying. There is zero effort on their part to ...