Cournot, Stackelberg and Bertrand models describe market outcomes in an industry with two rival duopolist. Explain the insights of these models, focussing on outcomes for firms and consumers, compared to the standard competitive and monopoly outcomes.

Intermediate Economics 1500 words completing including diagrams and models of the lustration of the answers. Coursework Brief: Answer ONE of the following questions. The word count guideline is 1750 words. : 1. Cournot, Stackelberg and Bertrand models describe market outcomes in an industry with two rival duopolist. Explain the insights of these models, focussing on […]

Consider the two variables Skill and Capit. Compute the pairwise correlation of the two variables and test the significance of the correlation coefficient.

Maximum project length: 3,000 words The relationship between firm exports, size, productivity and skill/capital intensity Firm-level exports are potentially affected by a number of factors including the size of a firm, its productivity as well as the skill and capital intensity of its production technology. The objective of this project is to establish whether size, […]

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