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Selective contracting and foreclosure in health care markets

Bijlsma, Michiel; Boone, Jan; Zwart, Gijsbert - C.E.P.R. Discussion Papers - 2009

stay uninsured. In case of a monopoly insurer, exclusion of a provider changes the distribution of consumers who choose not … to insure. Although the foreclosed care provider remains active in the market for the non-insured, we show that exclusion … leads to anti-competitive effects on this non-insured market. As a consequence exclusion can raise industry profits, and …

Persistent link: https://www.econbiz.de/10008491723

A Simple Theory of Predation

Fumagalli, Chiara; Motta, Massimo - C.E.P.R. Discussion Papers - 2009

We propose a simple theory of predatory pricing, based on scale economies and sequential buyers (or markets). The entrant (or prey) needs to reach a critical scale to be successful. The incumbent (or predator) is ready to make losses on earlier buyers so as to deprive the prey of the scale it...

Persistent link: https://www.econbiz.de/10004973970

The Dynamics of Exclusion and Fiscal Conservatism

Saint-Paul, Gilles - C.E.P.R. Discussion Papers - 1994

This paper studies the impact of income inequality on fiscal conservatism when an increase in inequality affects the bottom portion of income distribution. It is argued that, contrary to what is generally assumed in the economic literature, inequality will then be associated with less, rather...

Persistent link: https://www.econbiz.de/10005136638

Competitive quantity discounts

Calzolari, Giacomo; Denicolò, Vincenzo - C.E.P.R. Discussion Papers - 2010

We analyze the effects of competition with quantity discounts in a duopoly model with asymmetric firms. Consumers are privately informed about demand, so firms use quantity discounts as a price discrimination device. However, a dominant firm may also use quantity discounts to weaken or eliminate...

Persistent link: https://www.econbiz.de/10008784721

Staggered Contracts, Market Power, and Welfare

Cabral, Luís M B - C.E.P.R. Discussion Papers - 2014

I show that exclusive, staggered supply contracts can decrease industry competition when there are economies of scale: buyers pay a higher price to the incumbent seller and the expected value received by an entrant seller is lower when contracts are staggered. Moreover, under staggered contracts...

Persistent link: https://www.econbiz.de/10011083811

Buyers' Coordination and Entry

Fumagalli, Chiara; Motta, Massimo - C.E.P.R. Discussion Papers - 2001

Miscoordination of buyers might prevent entry in an industry with an incumbent and a more efficient potential entrant. Buyers' power therefore favours entry by eliminating coordination problems. We also identify a mechanism which facilitates entry: if the potential entrant could credibly offer...

Persistent link: https://www.econbiz.de/10005789109

Mass Consumption, Exclusion and Unemployment

Foellmi, Reto; Zweimüller, Josef - C.E.P.R. Discussion Papers - 2006

We introduce non-homothetic preferences into a general equilibrium model of monopolistic competition and explore the impact of income inequality on the medium-run macroeconomic equilibrium. We find that (i) a sufficiently high extent of inequality divides the economy into mass consumption...

Persistent link: https://www.econbiz.de/10005791388

Some Political Aspects of Unemployment

Saint-Paul, Gilles - C.E.P.R. Discussion Papers - 1994

labour market is associated with support for poor policy. These mechanisms are consistent with the relative scarcity of …

Persistent link: https://www.econbiz.de/10005661453

Legal Status at Entry, Economic Performance and Self-Employment Proclivity: A Bi-National Study of Immigrants

Constant, Amelie; Zimmermann, Klaus F - C.E.P.R. Discussion Papers - 2006

paper uses a bi-national survey on immigrant performance to investigate the sorting of individuals into full-time paid …

Persistent link: https://www.econbiz.de/10005123900

Naturalization Proclivities, Ethnicity and Integration

Constant, Amelie; Gataullina, Liliya; Zimmermann, Klaus F - C.E.P.R. Discussion Papers - 2008

differentiating between actual and planned citizenship. Using the German Socio-Economic Panel, we measure the impact that integration … characteristics. A robust finding is that German citizenship is very valuable to female immigrants and the generally better educated … on citizenship acquisition. While a longer residence in Germany has a negative influence on actual or future …

Persistent link: https://www.econbiz.de/10005124484