Narrow search
Showing 1 - 10 of 527
Cover Image
Networks of Relations and Social Capital
Lippert, Steffen; Spagnolo, Giancarlo - C.E.P.R. Discussion Papers - 2005
We model networks of relational (or implicit) contracts, exploring how sanctioning power and equilibrium conditions … and in-network information transmission as well as conditions under which stable sub-networks inhibit more valuable larger … networks. The model provides formal definitions for individual and communities’ ‘social capital’ in the spirit of Coleman and …
Persistent link: https://www.econbiz.de/10005114333
Cover Image
Leniency and Whistleblowers in Antitrust
Spagnolo, Giancarlo - C.E.P.R. Discussion Papers - 2006
discussed appear relevant to the fight of other forms of multiagent organized crime - like auditor-manager collusion, financial …
Persistent link: https://www.econbiz.de/10005662235
Cover Image
International Standards and International Trade: Empirical Evidence from ISO 9000 Diffusion
Clougherty, Joseph A.; Grajek, Michal - C.E.P.R. Discussion Papers - 2012
Empirical scholarship on the standards-trade relationship has been held up due to methodological challenges: measurement, varied effects, and endogeneity. Considering the trade-effects of one particular standard (ISO 9000), we surmount methodological challenges by measuring standardization via...
Persistent link: https://www.econbiz.de/10011084713
Cover Image
Information Sharing in Banking: A Collusive Device?
Gehrig, Thomas; Stenbacka, Rune - C.E.P.R. Discussion Papers - 2001
We show that information sharing among banks may serve as a collusive device. An informational sharing agreement is an a-priori commitment to reduce informational asymmetries between banks in future lending. Hence, information sharing tends to increase the intensity of competition in future...
Persistent link: https://www.econbiz.de/10005667094
Cover Image
Price Discrimination under Customer Recognition and Mergers
Esteves, Rosa Branca; Vasconcelos, Helder - C.E.P.R. Discussion Papers - 2010
This paper studies the interaction between horizontal mergers and price discrimination by endogenizing the merger formation process in the context of a repeated purchase model with two periods and three firms wherein firms may engage in Behaviour-Based Price Discrimination (BBPD). From a merger...
Persistent link: https://www.econbiz.de/10008468542
Cover Image
Coordination and Lock-In: Competition with Switching Costs and Network Effects
Farrell, Joseph; Klemperer, Paul - C.E.P.R. Discussion Papers - 2006
although competition between incompatible networks is initially unstable and sensitive to competitive offers and random events …
Persistent link: https://www.econbiz.de/10005124423
Cover Image
Chicken and Egg: Competing Matchmakers
Caillaud, Bernard; Jullien, Bruno - C.E.P.R. Discussion Papers - 2001
We examine a Bertrand competition game between two intermediaries offering matching services between two sides of a market. Indirect network externalities arise as the probability of finding one's match with a given intermediary increase with the number of agents of the other side who use the...
Persistent link: https://www.econbiz.de/10005136667
Cover Image
Price and quality in spatial competition
Brekke, Kurt Richard; Siciliani, Luigi; Straume, Odd Rune - C.E.P.R. Discussion Papers - 2009
We study the relationship between competition and quality within a spatial competition framework where firms compete in prices and quality. We generalise existing literature on spatial price-quality competition along several dimensions, including utility functions that are non-linear in income...
Persistent link: https://www.econbiz.de/10005068287
Cover Image
Global versus Local Competition
Legros, Patrick; Stahl, Konrad - C.E.P.R. Discussion Papers - 2002
We analyse the impact of increased outside opportunities brought to consumers by access to a global market on local market performance under monopoly versus oligopoly. If consumers have to choose once where to shop we show that under all forms of organizing the local market, increased...
Persistent link: https://www.econbiz.de/10005498025
Cover Image
Vertical Product Differentiation and Entry Deterrence
Lutz, Stefan - C.E.P.R. Discussion Papers - 1996
This paper studies how the existence of a potential entrant influences an incumbent’s choice of quality in a model of vertical product differentiation and entry. Both firms face fixed set-up costs and quality-dependent costs of production, and compete on quality and price. With identical...
Persistent link: https://www.econbiz.de/10005504715