Relaxing competition through speculation: committing to a negative supply slope

DOI10.1016/J.JET.2015.06.004MaRDI QIDQ900421zbMATH OpenOpenAlexFDO

Authors Pär Holmberg, Bert Willems

Publication date 22 December 2015

Published in Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL http://www.econ.cam.ac.uk/research-files/repec/cam/pdf/cwpe1252.pdf

zbMATH Keywords

supply function equilibriumstrategic commitmentoption contracts

Mathematics Subject Classification ID

Auctions, bargaining, bidding and selling, and other market models (91B26) Portfolio theory (91G10) Other game-theoretic models (91A40)

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Cites work

• scientific article; zbMATH DE number 47120 (Why is no real title available?)
• scientific article; zbMATH DE number 699423 (Why is no real title available?)
• scientific article; zbMATH DE number 3222151 (Why is no real title available?)
• A two stage stochastic equilibrium model for electricity markets with two way contracts
• Analysis on the forward market equilibrium model
• Asymmetric supply function equilibria with forward contracts
• Coalition-proof Nash equilibria. I: Concepts
• Cournot competition, forward markets and efficiency
• Finding Supply Function Equilibria with Asymmetric Firms
• Forward trading and collusion in oligopoly
• Optimal supply functions in electricity markets with option contracts and non-smooth costs
• Softening competition through forward trading
• Strategic interaction between futures and spot markets
• Strategic supply function competition with private information
• Supply Function Equilibria in Oligopoly under Uncertainty
• Supply Function Equilibrium in a Constrained Transmission System
• Supply function equilibria: step functions and continuous representations
• Supply function equilibrium in electricity spot markets with contracts and price caps
• When and why? A critical survey on coordination failure in the laboratory

Cited in

(3)

• Relaxing competition through quality differentiation and price discrimination
• Strategic advance sales, demand uncertainty and overcommitment
• Competition in schedules with cursed traders

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