{"id":"https://openalex.org/W1981773029","doi":"https://doi.org/10.3390/g2020209","title":"Competing in Several Areas Simultaneously: The Case of Strategic Asset Markets","display_name":"Competing in Several Areas Simultaneously: The Case of Strategic Asset Markets","publication_year":2011,"publication_date":"2011-04-12","ids":{"openalex":"https://openalex.org/W1981773029","doi":"https://doi.org/10.3390/g2020209","mag":"1981773029"},"language":"en","primary_location":{"id":"doi:10.3390/g2020209","is_oa":true,"landing_page_url":"https://doi.org/10.3390/g2020209","pdf_url":"https://www.mdpi.com/2073-4336/2/2/209/pdf?version=1302609348","source":{"id":"https://openalex.org/S6552842","display_name":"Games","issn_l":"2073-4336","issn":["2073-4336"],"is_oa":true,"is_in_doaj":true,"is_core":true,"host_organization":"https://openalex.org/P4310310987","host_organization_name":"Multidisciplinary Digital Publishing Institute","host_organization_lineage":["https://openalex.org/P4310310987"],"host_organization_lineage_names":["Multidisciplinary Digital Publishing Institute"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Games","raw_type":"journal-article"},"type":"article","indexed_in":["crossref","doaj"],"open_access":{"is_oa":true,"oa_status":"gold","oa_url":"https://www.mdpi.com/2073-4336/2/2/209/pdf?version=1302609348","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5011345279","display_name":"Manfred Nermuth","orcid":null},"institutions":[{"id":"https://openalex.org/I129774422","display_name":"University of Vienna","ror":"https://ror.org/03prydq77","country_code":"AT","type":"education","lineage":["https://openalex.org/I129774422"]}],"countries":["AT"],"is_corresponding":true,"raw_author_name":"Manfred Nermuth","raw_affiliation_strings":["Department of Economics, University of Vienna, Hohenstaufengasse 9, A-1010 Vienna, Austria"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Economics, University of Vienna, Hohenstaufengasse 9, A-1010 Vienna, Austria","institution_ids":["https://openalex.org/I129774422"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":["https://openalex.org/A5011345279"],"corresponding_institution_ids":["https://openalex.org/I129774422"],"apc_list":{"value":1400,"currency":"CHF","value_usd":1782},"apc_paid":{"value":1400,"currency":"CHF","value_usd":1782},"fwci":0.0,"has_fulltext":true,"cited_by_count":0,"citation_normalized_percentile":{"value":0.14630739,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":null,"biblio":{"volume":"2","issue":"2","first_page":"209","last_page":"234"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T12137","display_name":"Economic theories and models","score":0.9998000264167786,"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/T12137","display_name":"Economic theories and models","score":0.9998000264167786,"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/T10785","display_name":"Economic Theory and Institutions","score":0.992900013923645,"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/T11270","display_name":"Complex Systems and Time Series Analysis","score":0.9912999868392944,"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"}}],"keywords":[{"id":"https://openalex.org/keywords/nash-equilibrium","display_name":"Nash equilibrium","score":0.6317837834358215},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.6268900632858276},{"id":"https://openalex.org/keywords/oligopoly","display_name":"Oligopoly","score":0.6133869290351868},{"id":"https://openalex.org/keywords/portfolio","display_name":"Portfolio","score":0.6106387376785278},{"id":"https://openalex.org/keywords/microeconomics","display_name":"Microeconomics","score":0.583417534828186},{"id":"https://openalex.org/keywords/asset","display_name":"Asset (computer security)","score":0.5332918167114258},{"id":"https://openalex.org/keywords/cournot-competition","display_name":"Cournot competition","score":0.5237200856208801},{"id":"https://openalex.org/keywords/market-portfolio","display_name":"Market portfolio","score":0.5142719149589539},{"id":"https://openalex.org/keywords/capital-asset-pricing-model","display_name":"Capital asset pricing model","score":0.42587149143218994},{"id":"https://openalex.org/keywords/financial-economics","display_name":"Financial economics","score":0.3615192770957947}],"concepts":[{"id":"https://openalex.org/C46814582","wikidata":"https://www.wikidata.org/wiki/Q23389","display_name":"Nash equilibrium","level":2,"score":0.6317837834358215},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.6268900632858276},{"id":"https://openalex.org/C121398111","wikidata":"https://www.wikidata.org/wiki/Q103639","display_name":"Oligopoly","level":3,"score":0.6133869290351868},{"id":"https://openalex.org/C2780821815","wikidata":"https://www.wikidata.org/wiki/Q5340806","display_name":"Portfolio","level":2,"score":0.6106387376785278},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.583417534828186},{"id":"https://openalex.org/C76178495","wikidata":"https://www.wikidata.org/wiki/Q4808784","display_name":"Asset (computer security)","level":2,"score":0.5332918167114258},{"id":"https://openalex.org/C16520705","wikidata":"https://www.wikidata.org/wiki/Q601799","display_name":"Cournot competition","level":2,"score":0.5237200856208801},{"id":"https://openalex.org/C2777302077","wikidata":"https://www.wikidata.org/wiki/Q1321921","display_name":"Market portfolio","level":3,"score":0.5142719149589539},{"id":"https://openalex.org/C181236170","wikidata":"https://www.wikidata.org/wiki/Q848354","display_name":"Capital asset pricing model","level":2,"score":0.42587149143218994},{"id":"https://openalex.org/C106159729","wikidata":"https://www.wikidata.org/wiki/Q2294553","display_name":"Financial economics","level":1,"score":0.3615192770957947},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.0},{"id":"https://openalex.org/C38652104","wikidata":"https://www.wikidata.org/wiki/Q3510521","display_name":"Computer security","level":1,"score":0.0}],"mesh":[],"locations_count":5,"locations":[{"id":"doi:10.3390/g2020209","is_oa":true,"landing_page_url":"https://doi.org/10.3390/g2020209","pdf_url":"https://www.mdpi.com/2073-4336/2/2/209/pdf?version=1302609348","source":{"id":"https://openalex.org/S6552842","display_name":"Games","issn_l":"2073-4336","issn":["2073-4336"],"is_oa":true,"is_in_doaj":true,"is_core":true,"host_organization":"https://openalex.org/P4310310987","host_organization_name":"Multidisciplinary Digital Publishing Institute","host_organization_lineage":["https://openalex.org/P4310310987"],"host_organization_lineage_names":["Multidisciplinary Digital Publishing Institute"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Games","raw_type":"journal-article"},{"id":"pmh:info:fedora/oai:univie.ac.at:o:244114","is_oa":true,"landing_page_url":"https://phaidra.univie.ac.at/o:244114","pdf_url":null,"source":{"id":"https://openalex.org/S4306401993","display_name":"Phaidra (Universit\u00e4t Wien)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I129774422","host_organization_name":"University of Vienna","host_organization_lineage":["https://openalex.org/I129774422"],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by-nc-nd","license_id":"https://openalex.org/licenses/cc-by-nc-nd","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"ISSN:2073-4336","raw_type":"article"},{"id":"pmh:oai:doaj.org/article:32dafcf53ddd4f24ba62e93954ef5451","is_oa":true,"landing_page_url":"https://doaj.org/article/32dafcf53ddd4f24ba62e93954ef5451","pdf_url":null,"source":{"id":"https://openalex.org/S4306401280","display_name":"DOAJ (DOAJ: Directory of Open Access Journals)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by-sa","license_id":"https://openalex.org/licenses/cc-by-sa","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Games, Vol 2, Iss 2, Pp 209-234 (2011)","raw_type":"article"},{"id":"pmh:oai:econstor.eu:10419/98569","is_oa":true,"landing_page_url":"http://hdl.handle.net/10419/98569","pdf_url":null,"source":{"id":"https://openalex.org/S4306401696","display_name":"Econstor (Econstor)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"doc-type:article"},{"id":"pmh:oai:mdpi.com:/2073-4336/2/2/209/","is_oa":true,"landing_page_url":"https://dx.doi.org/10.3390/g2020209","pdf_url":null,"source":{"id":"https://openalex.org/S4306400947","display_name":"MDPI (MDPI AG)","issn_l":null,"issn":null,"is_oa":true,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I4210097602","host_organization_name":"Multidisciplinary Digital Publishing Institute (Switzerland)","host_organization_lineage":["https://openalex.org/I4210097602"],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Games","raw_type":"Text"}],"best_oa_location":{"id":"doi:10.3390/g2020209","is_oa":true,"landing_page_url":"https://doi.org/10.3390/g2020209","pdf_url":"https://www.mdpi.com/2073-4336/2/2/209/pdf?version=1302609348","source":{"id":"https://openalex.org/S6552842","display_name":"Games","issn_l":"2073-4336","issn":["2073-4336"],"is_oa":true,"is_in_doaj":true,"is_core":true,"host_organization":"https://openalex.org/P4310310987","host_organization_name":"Multidisciplinary Digital Publishing Institute","host_organization_lineage":["https://openalex.org/P4310310987"],"host_organization_lineage_names":["Multidisciplinary Digital Publishing Institute"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Games","raw_type":"journal-article"},"sustainable_development_goals":[],"awards":[],"funders":[],"has_content":{"grobid_xml":true,"pdf":true},"content_urls":{"pdf":"https://content.openalex.org/works/W1981773029.pdf","grobid_xml":"https://content.openalex.org/works/W1981773029.grobid-xml"},"referenced_works_count":11,"referenced_works":["https://openalex.org/W1983910668","https://openalex.org/W2041636470","https://openalex.org/W2044149162","https://openalex.org/W2067083294","https://openalex.org/W2105530523","https://openalex.org/W2127243763","https://openalex.org/W2133254737","https://openalex.org/W2137159685","https://openalex.org/W2145727523","https://openalex.org/W2163226001","https://openalex.org/W3123572550"],"related_works":["https://openalex.org/W3125408155","https://openalex.org/W2059828722","https://openalex.org/W2667199344","https://openalex.org/W2758005379","https://openalex.org/W840887606","https://openalex.org/W1997581040","https://openalex.org/W2377277161","https://openalex.org/W3123406447","https://openalex.org/W45361344","https://openalex.org/W2794835544"],"abstract_inverted_index":{"We":[0],"characterize":[1],"the":[2,43,52,64],"structure":[3],"of":[4,11,45],"Nash":[5],"equilibria":[6],"for":[7],"a":[8],"certain":[9],"class":[10],"asset":[12],"market":[13],"games.":[14,99],"In":[15,34],"equilibrium,":[16,35],"different":[17,20,27,32],"assets":[18],"have":[19],"returns,":[21],"and":[22],"(risk":[23],"neutral)":[24],"investors":[25,59],"with":[26,31],"wealth":[28],"hold":[29,62],"portfolios":[30],"structures.":[33],"an":[36,50],"asset\u2019s":[37],"return":[38],"is":[39,55],"inversely":[40],"related":[41],"to":[42,79],"elasticity":[44],"its":[46],"supply.":[47],"The":[48],"larger":[49],"investor,":[51],"more":[53],"diversified":[54],"his":[56],"portfolio.":[57],"Smaller":[58],"do":[60],"not":[61],"all":[63],"assets,":[65],"but":[66],"achieve":[67],"higher":[68],"percentage":[69],"returns.":[70],"More":[71],"generally,":[72],"our":[73],"results":[74],"can":[75],"be":[76],"applied":[77],"also":[78],"other":[80],"\u201cmulti-market":[81],"games\u201d":[82],"in":[83,88],"which":[84],"several":[85,89],"players":[86],"compete":[87],"arenas":[90],"simultaneously,":[91],"like":[92],"multi-market":[93],"Cournot":[94],"oligopolies,":[95],"or":[96],"multiple":[97],"rent-seeking":[98]},"counts_by_year":[],"updated_date":"2026-07-22T07:51:19.307946","created_date":"2025-10-10T00:00:00"}
