Boone, Jan; Goeree, Jacob K. - C.E.P.R. Discussion Papers - 2010
, we apply a mechanism design approach to characterize all incentive-compatible market equilibria. Second, we conduct a … normative analysis, i.e. we evaluate alternative competition and innovation policies from a welfare perspective. Third, we … introduce a reliable way to measure competition in dynamic markets with non-linear pricing. We illustrate the usefulness of our …