compete in non-linear prices. We show that exclusive contracts intensify the competition among the firms, increasing consumer … unambiguously weakens competition, reducing efficiency and harming consumers. However, starting from a situation where exclusive …

We introduce product differentiation into the analysis of price competition in markets where suppliers test customers …

This paper analyzes a model of capacity choice followed by price competition under demand uncertainty. Under various … well as on the theory of submodular games, we are able to show that a subgame perfect equilibrium always exists and to …

We examine price competition under product-specific network effects, in a duopoly where the products are differentiated … interior asymmetric equilibria. With expectations affected by prices, firms' competition becomes more intense and the high …

locked-in customers. Second, they increase competition for new customers. I provide conditions under which switching costs …

information. Theory predicts that firms react by increasing prices to expand surplus extraction, but this effect weakens as market … competition increases. High frequency data from Italian pharmacies confirm these predictions. Monthly variation in the number of … market competition generated by the Italian legislation concerning how many pharmacies should operate in a city as a function …

that, sometimes, firms prefer partial to full discrimination to soften competition. …

This paper characterizes price competition between an expert and a non-expert. In contrast with the expert, the non …