{"id":"https://openalex.org/W2038189074","doi":"https://doi.org/10.1142/s0219198902000616","title":"ONE-SELLER/TWO-BUYER MARKETS WITH BUYER EXTERNALITIES AND (IM)PERFECT COMPETITION","display_name":"ONE-SELLER/TWO-BUYER MARKETS WITH BUYER EXTERNALITIES AND (IM)PERFECT COMPETITION","publication_year":2002,"publication_date":"2002-06-01","ids":{"openalex":"https://openalex.org/W2038189074","doi":"https://doi.org/10.1142/s0219198902000616","mag":"2038189074"},"language":"en","primary_location":{"id":"doi:10.1142/s0219198902000616","is_oa":false,"landing_page_url":"https://doi.org/10.1142/s0219198902000616","pdf_url":null,"source":{"id":"https://openalex.org/S130757258","display_name":"International Game Theory Review","issn_l":"0219-1989","issn":["0219-1989","1793-6675"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319815","host_organization_name":"World Scientific","host_organization_lineage":["https://openalex.org/P4310319815"],"host_organization_lineage_names":["World Scientific"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"International Game Theory Review","raw_type":"journal-article"},"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://research.vu.nl/en/publications/5c6cfa2c-40a0-4fc0-ac85-ff4a0ef61d7d","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5111370594","display_name":"Gerard van der Laan","orcid":null},"institutions":[{"id":"https://openalex.org/I198488067","display_name":"Tinbergen Institute","ror":"https://ror.org/054xxtt73","country_code":"NL","type":"education","lineage":["https://openalex.org/I198488067"]}],"countries":["NL"],"is_corresponding":true,"raw_author_name":"GERARD VAN DER LAAN","raw_affiliation_strings":["Department of Econometrics and Tinbergen Institute, Free University, De Boelelaan 1105, 1081 HV Amsterdam, The Netherlands"],"affiliations":[{"raw_affiliation_string":"Department of Econometrics and Tinbergen Institute, Free University, De Boelelaan 1105, 1081 HV Amsterdam, The Netherlands","institution_ids":["https://openalex.org/I198488067"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5045281610","display_name":"Harold Houba","orcid":"https://orcid.org/0000-0001-9085-7339"},"institutions":[{"id":"https://openalex.org/I198488067","display_name":"Tinbergen Institute","ror":"https://ror.org/054xxtt73","country_code":"NL","type":"education","lineage":["https://openalex.org/I198488067"]}],"countries":["NL"],"is_corresponding":false,"raw_author_name":"HAROLD HOUBA","raw_affiliation_strings":["Department of Econometrics and Tinbergen Institute, Free University, De Boelelaan 1105, 1081 HV Amsterdam, The Netherlands"],"affiliations":[{"raw_affiliation_string":"Department of Econometrics and Tinbergen Institute, Free University, De Boelelaan 1105, 1081 HV Amsterdam, The Netherlands","institution_ids":["https://openalex.org/I198488067"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":2,"corresponding_author_ids":["https://openalex.org/A5111370594"],"corresponding_institution_ids":["https://openalex.org/I198488067"],"apc_list":null,"apc_paid":null,"fwci":0.0,"has_fulltext":false,"cited_by_count":1,"citation_normalized_percentile":{"value":0.15279843,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":90,"max":94},"biblio":{"volume":"04","issue":"02","first_page":"141","last_page":"164"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10991","display_name":"Game Theory and Voting Systems","score":0.9998999834060669,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10991","display_name":"Game Theory and Voting Systems","score":0.9998999834060669,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11182","display_name":"Auction Theory and Applications","score":0.9997000098228455,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11031","display_name":"Game Theory and Applications","score":0.9987000226974487,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/imperfect-competition","display_name":"Imperfect competition","score":0.7406764030456543},{"id":"https://openalex.org/keywords/externality","display_name":"Externality","score":0.7365096211433411},{"id":"https://openalex.org/keywords/microeconomics","display_name":"Microeconomics","score":0.7059226036071777},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.6800620555877686},{"id":"https://openalex.org/keywords/competition","display_name":"Competition (biology)","score":0.631988525390625},{"id":"https://openalex.org/keywords/core","display_name":"Core (optical fiber)","score":0.587316632270813},{"id":"https://openalex.org/keywords/perfect-competition","display_name":"Perfect competition","score":0.5384632349014282},{"id":"https://openalex.org/keywords/order","display_name":"Order (exchange)","score":0.5258427262306213},{"id":"https://openalex.org/keywords/nash-equilibrium","display_name":"Nash equilibrium","score":0.45437994599342346},{"id":"https://openalex.org/keywords/imperfect","display_name":"Imperfect","score":0.4414406716823578},{"id":"https://openalex.org/keywords/set","display_name":"Set (abstract data type)","score":0.4406464993953705},{"id":"https://openalex.org/keywords/yield","display_name":"Yield (engineering)","score":0.4131318926811218},{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.06795167922973633}],"concepts":[{"id":"https://openalex.org/C2777098679","wikidata":"https://www.wikidata.org/wiki/Q281682","display_name":"Imperfect competition","level":2,"score":0.7406764030456543},{"id":"https://openalex.org/C16118543","wikidata":"https://www.wikidata.org/wiki/Q275372","display_name":"Externality","level":2,"score":0.7365096211433411},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.7059226036071777},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.6800620555877686},{"id":"https://openalex.org/C91306197","wikidata":"https://www.wikidata.org/wiki/Q45767","display_name":"Competition (biology)","level":2,"score":0.631988525390625},{"id":"https://openalex.org/C2164484","wikidata":"https://www.wikidata.org/wiki/Q5170150","display_name":"Core (optical fiber)","level":2,"score":0.587316632270813},{"id":"https://openalex.org/C26578527","wikidata":"https://www.wikidata.org/wiki/Q183384","display_name":"Perfect competition","level":2,"score":0.5384632349014282},{"id":"https://openalex.org/C182306322","wikidata":"https://www.wikidata.org/wiki/Q1779371","display_name":"Order (exchange)","level":2,"score":0.5258427262306213},{"id":"https://openalex.org/C46814582","wikidata":"https://www.wikidata.org/wiki/Q23389","display_name":"Nash equilibrium","level":2,"score":0.45437994599342346},{"id":"https://openalex.org/C2780310539","wikidata":"https://www.wikidata.org/wiki/Q12547192","display_name":"Imperfect","level":2,"score":0.4414406716823578},{"id":"https://openalex.org/C177264268","wikidata":"https://www.wikidata.org/wiki/Q1514741","display_name":"Set (abstract data type)","level":2,"score":0.4406464993953705},{"id":"https://openalex.org/C134121241","wikidata":"https://www.wikidata.org/wiki/Q899301","display_name":"Yield (engineering)","level":2,"score":0.4131318926811218},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.06795167922973633},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.0},{"id":"https://openalex.org/C191897082","wikidata":"https://www.wikidata.org/wiki/Q11467","display_name":"Metallurgy","level":1,"score":0.0},{"id":"https://openalex.org/C199360897","wikidata":"https://www.wikidata.org/wiki/Q9143","display_name":"Programming language","level":1,"score":0.0},{"id":"https://openalex.org/C18903297","wikidata":"https://www.wikidata.org/wiki/Q7150","display_name":"Ecology","level":1,"score":0.0},{"id":"https://openalex.org/C192562407","wikidata":"https://www.wikidata.org/wiki/Q228736","display_name":"Materials science","level":0,"score":0.0},{"id":"https://openalex.org/C76155785","wikidata":"https://www.wikidata.org/wiki/Q418","display_name":"Telecommunications","level":1,"score":0.0},{"id":"https://openalex.org/C41895202","wikidata":"https://www.wikidata.org/wiki/Q8162","display_name":"Linguistics","level":1,"score":0.0},{"id":"https://openalex.org/C138885662","wikidata":"https://www.wikidata.org/wiki/Q5891","display_name":"Philosophy","level":0,"score":0.0},{"id":"https://openalex.org/C86803240","wikidata":"https://www.wikidata.org/wiki/Q420","display_name":"Biology","level":0,"score":0.0}],"mesh":[],"locations_count":5,"locations":[{"id":"doi:10.1142/s0219198902000616","is_oa":false,"landing_page_url":"https://doi.org/10.1142/s0219198902000616","pdf_url":null,"source":{"id":"https://openalex.org/S130757258","display_name":"International Game Theory Review","issn_l":"0219-1989","issn":["0219-1989","1793-6675"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319815","host_organization_name":"World Scientific","host_organization_lineage":["https://openalex.org/P4310319815"],"host_organization_lineage_names":["World Scientific"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"International Game Theory Review","raw_type":"journal-article"},{"id":"pmh:oai:CiteSeerX.psu:10.1.1.21.8234","is_oa":false,"landing_page_url":"http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.21.8234","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"http://www.feweb.vu.nl/medewerkers/glaan/pdf/three1.pdf","raw_type":"text"},{"id":"pmh:oai:RePEc:wsi:igtrxx:v:04:y:2002:i:02:n:s0219198902000616","is_oa":false,"landing_page_url":"http://www.worldscientific.com/doi/abs/10.1142/S0219198902000616","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"},{"id":"pmh:oai:research.vu.nl:publications/5c6cfa2c-40a0-4fc0-ac85-ff4a0ef61d7d","is_oa":false,"landing_page_url":null,"pdf_url":null,"source":{"id":"https://openalex.org/S4306400546","display_name":"Digital Academic REpository of VU University Amsterdam (Vrije Universiteit Amsterdam)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I865915315","host_organization_name":"Vrije Universiteit Amsterdam","host_organization_lineage":["https://openalex.org/I865915315"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":""},{"id":"pmh:vu:oai:research.vu.nl:publications/5c6cfa2c-40a0-4fc0-ac85-ff4a0ef61d7d","is_oa":true,"landing_page_url":"https://research.vu.nl/en/publications/5c6cfa2c-40a0-4fc0-ac85-ff4a0ef61d7d","pdf_url":null,"source":{"id":"https://openalex.org/S4306401843","display_name":"Data Archiving and Networked Services (DANS)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I1322597698","host_organization_name":"Royal Netherlands Academy of Arts and Sciences","host_organization_lineage":["https://openalex.org/I1322597698"],"host_organization_lineage_names":[],"type":"repository"},"license":"other-oa","license_id":"https://openalex.org/licenses/other-oa","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"International Game Theory Review, 4, 141 - 164. World Scientific Publishing Co. Pte Ltd","raw_type":"info:eu-repo/semantics/article"}],"best_oa_location":{"id":"pmh:vu:oai:research.vu.nl:publications/5c6cfa2c-40a0-4fc0-ac85-ff4a0ef61d7d","is_oa":true,"landing_page_url":"https://research.vu.nl/en/publications/5c6cfa2c-40a0-4fc0-ac85-ff4a0ef61d7d","pdf_url":null,"source":{"id":"https://openalex.org/S4306401843","display_name":"Data Archiving and Networked Services (DANS)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I1322597698","host_organization_name":"Royal Netherlands Academy of Arts and Sciences","host_organization_lineage":["https://openalex.org/I1322597698"],"host_organization_lineage_names":[],"type":"repository"},"license":"other-oa","license_id":"https://openalex.org/licenses/other-oa","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"International Game Theory Review, 4, 141 - 164. World Scientific Publishing Co. Pte Ltd","raw_type":"info:eu-repo/semantics/article"},"sustainable_development_goals":[{"display_name":"Partnerships for the goals","id":"https://metadata.un.org/sdg/17","score":0.550000011920929}],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":18,"referenced_works":["https://openalex.org/W654660876","https://openalex.org/W1483427383","https://openalex.org/W1526187080","https://openalex.org/W1547358889","https://openalex.org/W1601493907","https://openalex.org/W1872866975","https://openalex.org/W1976638709","https://openalex.org/W1991103163","https://openalex.org/W2011941794","https://openalex.org/W2012626098","https://openalex.org/W2068865469","https://openalex.org/W2068985771","https://openalex.org/W2078388466","https://openalex.org/W2080745530","https://openalex.org/W2109726779","https://openalex.org/W2111875179","https://openalex.org/W3125157032","https://openalex.org/W3125462338"],"related_works":["https://openalex.org/W2349938950","https://openalex.org/W2137644199","https://openalex.org/W2026677777","https://openalex.org/W2013296525","https://openalex.org/W2062113068","https://openalex.org/W2343689349","https://openalex.org/W4235090720","https://openalex.org/W2235187973","https://openalex.org/W2047695296","https://openalex.org/W2146068816"],"abstract_inverted_index":{"In":[0],"this":[1],"paper":[2],"the":[3,12,15,27,31,42,48,74,78,93,106,123,131,134],"one-seller/two-buyer":[4],"problem":[5],"with":[6,35,117],"buyer":[7],"externalities":[8,39,107],"is":[9,24,113],"investigated":[10],"under":[11,140,144],"assumption":[13],"that":[14,26,41,133],"two":[16],"buyers":[17],"have":[18],"legal":[19],"opportunities":[20],"to":[21,37,51,70],"cooperate.":[22],"It":[23],"shown":[25],"Competitive":[28,54],"equilibrium":[29,55],"and":[30,40,77,108],"Core":[32,49,92],"are":[33,83,103,120],"robust":[34],"respect":[36],"negligible":[38],"range":[43,52],"of":[44,53,89,100,105,111],"market":[45,118],"prices":[46],"in":[47,68,87],"belongs":[50],"prices.":[56],"However,":[57],"these":[58],"concepts":[59],"yield":[60],"no":[61],"prediction":[62,73],"for":[63],"relatively":[64],"severe":[65],"externalities.":[66],"Therefore,":[67],"order":[69],"provide":[71],"a":[72,97],"Bargaining":[75,94],"set":[76,95],"Multilateral":[79],"Nash":[80],"(MN)":[81],"solution":[82,125,129],"also":[84],"investigated.":[85],"Surprisingly,":[86],"case":[88],"an":[90],"empty":[91],"predicts":[96],"unique":[98],"tuple":[99],"payoffs":[101],"which":[102],"independent":[104],"each":[109],"pair":[110],"participants":[112],"equally":[114],"likely.":[115],"Markets":[116],"imperfections":[119],"captured":[121],"by":[122],"MN":[124,128],"concept.":[126],"The":[127],"yields":[130],"paradox":[132],"seller's":[135],"price":[136],"can":[137],"be":[138],"higher":[139],"imperfect":[141],"competition":[142],"than":[143],"perfect":[145],"competition.":[146]},"counts_by_year":[{"year":2017,"cited_by_count":1}],"updated_date":"2026-04-04T16:13:02.066488","created_date":"2025-10-10T00:00:00"}