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Supply function vs. quantity competition in supergames

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  • Ciarreta, Aitor
  • Gutierrez-Hita, Carlos

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  • Ciarreta, Aitor & Gutierrez-Hita, Carlos, 2006. "Supply function vs. quantity competition in supergames," International Journal of Industrial Organization, Elsevier, vol. 24(4), pages 773-783, July.
    • Handle: RePEc:eee:indorg:v:24:y:2006:i:4:p:773-783
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    References listed on IDEAS

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    1. James W. Friedman, 1971. "A Non-cooperative Equilibrium for Supergames," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 38(1), pages 1-12.
    2. Green, Richard J, 1996. "Increasing Competition in the British Electricity Spot Market," Journal of Industrial Economics, Wiley Blackwell, vol. 44(2), pages 205-216, June.
    3. Richard Green, 1999. "The Electricity Contract Market in England and Wales," Journal of Industrial Economics, Wiley Blackwell, vol. 47(1), pages 107-124, March.
    4. repec:ebl:ecbull:v:12:y:2004:i:3:p:1-6 is not listed on IDEAS
    5. Natalia Fabra, 2003. "Tacit Collusion in Repeated Auctions: Uniform Versus Discriminatory," Journal of Industrial Economics, Wiley Blackwell, vol. 51(3), pages 271-293, September.
    6. Cabral, Luis M. B., 2000. "Introduction to Industrial Organization," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262032864, December.
    7. Powell, Andrew, 1993. "Trading Forward in an Imperfect Market: The Case of Electricity in Britain," Economic Journal, Royal Economic Society, vol. 103(417), pages 444-453, March.
    8. David Collie, 2004. "Collusion and the elasticity of demand," Economics Bulletin, AccessEcon, vol. 12(3), pages 1-6.
    9. Green, Richard J & Newbery, David M, 1992. "Competition in the British Electricity Spot Market," Journal of Political Economy, University of Chicago Press, vol. 100(5), pages 929-953, October.
    10. Green, Richard, 1999. "The Electricity Contract Market in England and Wales," Journal of Industrial Economics, Wiley Blackwell, vol. 47(1), pages 107-124, March.
    11. Shapiro, Carl, 1989. "Theories of oligopoly behavior," Handbook of Industrial Organization, in: R. Schmalensee & R. Willig (ed.), Handbook of Industrial Organization, edition 1, volume 1, chapter 6, pages 329-414, Elsevier.
    12. David Collie, 2004. "Sustaining Collusion With Asymmetric Costs," Royal Economic Society Annual Conference 2004 155, Royal Economic Society.
    13. Klemperer, Paul D & Meyer, Margaret A, 1989. "Supply Function Equilibria in Oligopoly under Uncertainty," Econometrica, Econometric Society, vol. 57(6), pages 1243-1277, November.
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    Citations

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    Cited by:

    1. Denis Claude & Mabel Tidball, 2022. "Taking firms’ margin targets seriously in a model of competition in supply functions," Working Papers hal-03548797, HAL.
    2. Willems, Bert & Rumiantseva, Ina & Weigt, Hannes, 2009. "Cournot versus Supply Functions: What does the data tell us?," Energy Economics, Elsevier, vol. 31(1), pages 38-47, January.
    3. Janssen, Matthias & Wobben, Magnus, 2008. "Electricity pricing and market power: Evidence from Germany," CAWM Discussion Papers 9, University of Münster, Münster Center for Economic Policy (MEP).
    4. Wölfing, Nikolas, 2019. "Forward trading and collusion in supply functions," ZEW Discussion Papers 19-003, ZEW - Leibniz Centre for European Economic Research.
    5. Aitor Ciarreta & María Espinosa, 2010. "Market power in the Spanish electricity auction," Journal of Regulatory Economics, Springer, vol. 37(1), pages 42-69, February.
    6. Marc Escrihuela‐Villar & Carlos Gutiérrez‐Hita & José Vicente‐Pérez, 2020. "Supply function competition in a mixed electric power market," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 22(4), pages 1151-1175, August.
    7. Gutiérrez-Hita, Carlos & Vicente-Pérez, José, 2018. "On supply function competition in a mixed oligopoly," MPRA Paper 83792, University Library of Munich, Germany.
    8. Ciarreta Antuñano, Aitor & Espinosa Alejos, María Paz, 2010. "The Impact of Regulation on Pricing Behavior in the Spanish Electricity Market," DFAEII Working Papers 1988-088X, University of the Basque Country - Department of Foundations of Economic Analysis II.
    9. Janssen, Matthias & Wobben, Magnus, 2008. "Electricity Pricing and Market Power - Evidence from Germany," MPRA Paper 11400, University Library of Munich, Germany.
    10. Matthias Janssen & Magnus Wobben, "undated". "Electricity Pricing and Market Power - Evidence from Germany," Working Papers 200121, Institute of Spatial and Housing Economics, Munster Universitary.
    11. Gutiérrez-Hita, Carlos & Vicente-Pérez, José, 2018. "On supply function equilibria in a mixed duopoly," Economics Letters, Elsevier, vol. 168(C), pages 6-9.
    12. Carlos, Gutiérrez-Hita & Vicente-Pérez, José, 2018. "On Supply Function Equilibria in a Mixed Duopoly," QM&ET Working Papers 18-1, University of Alicante, D. Quantitative Methods and Economic Theory.
    13. F. Delbono & L. Lambertini, 2015. "Investigating the Strategic Nature of Supply Functions in Oligopoly," Working Papers wp1011, Dipartimento Scienze Economiche, Universita' di Bologna.
    14. Delbono, Flavio & Lambertini, Luca, 2016. "Ranking Bertrand, Cournot and supply function equilibria in oligopoly," Energy Economics, Elsevier, vol. 60(C), pages 73-78.
    15. Aitor Ciarreta & Carlos Gutiérrez-Hita, 2012. "Collusive behaviour under cost asymmetries when firms compete in supply functions," Journal of Economics, Springer, vol. 106(3), pages 195-219, July.
    16. Ismail Saglam, 2018. "Ranking Supply Function and Cournot Equilibria in a Differentiated Product Duopoly with Demand Uncertainty," Games, MDPI, vol. 9(3), pages 1-13, August.
    17. Delbono, Flavio & Lambertini, Luca, 2018. "Choosing roles under supply function competition," Energy Economics, Elsevier, vol. 71(C), pages 83-88.
    18. Delbono, Flavio & Lambertini, Luca, 2015. "On the properties of linear supply functions in oligopoly," Economics Letters, Elsevier, vol. 136(C), pages 22-24.
    19. F. Delbono & L. Lambertini, 2015. "Cournot Retrouv under Price or Supply Function Competition," Working Papers wp1003, Dipartimento Scienze Economiche, Universita' di Bologna.
    20. Ciarreta, Aitor & Espinosa, María Paz, 2012. "The impact of regulation on pricing behavior in the Spanish electricity market (2002–2005)," Energy Economics, Elsevier, vol. 34(6), pages 2039-2045.
    21. Nikolaos Georgantzis & Enrique Fatas & Carlos Gutierrez-Hita & Aitor Ciarreta, 2007. "Vertical separation vs. independent downstream entry in the Spanish electricity network: An experimental approach," Working Papers 07-31, NET Institute, revised Sep 2007.

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