Showing 1 - 10 of 18,842
pricing, introductory offers, and price wars. Such “competition for the market” or “life-cycle competition” can adequately … replace ordinary compatible competition, and can even be fiercer than compatible competition by weakening differentiation …. More often, however, incompatible competition not only involves direct efficiency losses but also softens competition and …
Persistent link: https://www.econbiz.de/10014024585
regulation increases total surplus suggesting that network neutrality regulation could be warranted even when some competition is …We discuss network neutrality regulation of the Internet in the context of a two-sided market model. Platforms sell … regulation (requiring zero fees to content providers): there exist parameter ranges for which network neutrality regulation …
Persistent link: https://www.econbiz.de/10011056742
Persistent link: https://www.econbiz.de/10011574975
Boone (2008a) proposes a new competition measure based on Relative Profit Differences (RPD) that, from its theoretical … market competition, we expect fiercer competition after the uncovering. We asses the validity of the indicators by comparing … the indicated competition levels before and after the cartelswere uncovered and stopped. The Boone-Indicator is calculated …
Persistent link: https://www.econbiz.de/10009353843
In this chapter we review issues relating to antitrust and competition in health care markets. The chapter begins with … in ways that might affect the optimality of competition. The chapter then focuses on the main areas in which antitrust …
Persistent link: https://www.econbiz.de/10014024178
begins by characterizing the optimal regulation of a monopoly supplier that is better informed than the regulator about its … commitment powers are limited. The chapter then analyzes the design of practical policies, such as price cap regulation, that are …. Yardstick regulation, procedures for awarding monopoly franchises, and optimal industry structuring are analyzed. The chapter …
Persistent link: https://www.econbiz.de/10014024589
We correct and extend the results of Gans (2015) regarding the effects of net neutrality regulation on equilibrium …
Persistent link: https://www.econbiz.de/10011547557
In this paper, I offer two ways in which firms can collude: secret monitoring and infrequent coordination. Such collusion is enforceable with intuitive communication protocols. I make my case in the context of a repeated Cournotoligopoly with flexible production, prices that follow a Brownian...
Persistent link: https://www.econbiz.de/10010949139
The cornerstone of cartel enforcement in the United States and elsewhere is a commitment to the lenient prosecution of early confessors. A burgeoning gametheoretical literature is ambiguous regarding the impacts of leniency. I develop a theoretical model of cartel behavior that provides...
Persistent link: https://www.econbiz.de/10005014644
A buyer wishes to purchase a good from a seller who chooses a sequence of prices over time. Each period the buyer can also exercise an outside option, abandoning their search or moving on to another seller. We show there is a unique equilibrium in which the seller charges a constant price in...
Persistent link: https://www.econbiz.de/10010815668