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Debt as a (credible) collusive device, or : "everybody happy but the consumer"
Spagnolo, Giancarlo - 1999
Persistent link: https://www.econbiz.de/10001456654
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Implementing efficient market structure
Grimm, Veronika; Riedel, Frank; Wolfstetter, Elmar - 2000
This article studies the design of optimal mechanisms to regulate entry in natural oligopoly markets, assuming the …
Persistent link: https://www.econbiz.de/10001474245
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Benevolent government, managerial incentives, and the virtues of privatization
Lülfesmann, Christoph - 2002
Persistent link: https://www.econbiz.de/10001710388
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Strategic delegation in experimental markets
Huck, Steffen; Müller, Wieland; Normann, Hans-Theo - 2000
contracts which determine their managers' salaries. One contract simply gives managers incentives to maximize firm profits …, while the second contract gives an additional sales bonus. Although theory predicts the second contract to be chosen, it is … only rarely chosen in the experimental markets. This behavior is rational given that managers do not play according to the …
Persistent link: https://www.econbiz.de/10001489460
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Strategic R&D cooperatives
Hinloopen, Jeroen - 1998
Persistent link: https://www.econbiz.de/10000987809
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Market formation in bilateral oligopolies
Bloch, Francis; Ferrer, Hélène - 1999
Persistent link: https://www.econbiz.de/10001400982
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Emission taxes in international asymmetric oligopolies
Katsulakos, Giannēs S.; Ulph, David; Xepapadeas, Anastasios - 1996
Persistent link: https://www.econbiz.de/10000948565
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Mergers, investment decisions and internal organisation
Banal-Estañol, Albert; Macho-Stadler, Inés; … - 2003
We analyse the effects of investment decisions and firms' internal organisation on the efficiency and stability of horizontal mergers. In our framework economies of scale are endogenous and there might be internal conflict within merged firms. We show that often stable mergers do not lead to...
Persistent link: https://www.econbiz.de/10001771977
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Common agency equilibria with discrete mechanisms and discrete types
Martimort, David; Stole, Lars A. - 2001
This paper characterizes the equilibrium sets of an intrinsic common agency game with discrete types and direct revelation mechanisms. After presenting a general algorithm to find the pure -strategy equilibria of this game, we use it to characterize these equilibria when the two principals...
Persistent link: https://www.econbiz.de/10001624291
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The liberalisation process of the German electricity market : strategies and opportunities
Kemfert, Claudia - 1999
Persistent link: https://www.econbiz.de/10001456657