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Motivated by the failure of competition to emerge after the natural gas market in the Czech Republic was liberalized, I explore the impact of natural gas storage ownership and upstream competition on the downstream level. I extend standard Cournot models to understand current and likely future...
Persistent link: https://www.econbiz.de/10005086605
To study the coexistence of two different ownership forms within anindustry, I develop a simple model of competition between one for-profit and one nonprofit firm. The two firms have different objectives and face different constraints due to their choice of ownership status. Assuming...
Persistent link: https://www.econbiz.de/10005357512
monopoly profit in the finite-horizon problem under certain conditions; in fact, the monopolist does not have any reason to … as possible, which makes him sacrifice a part of his one-shot monopoly profit to attract traders to buy. …
Persistent link: https://www.econbiz.de/10005146531
We study price discrimination in a monopolistic software market. The monopolist charges different prices for the upgrade version and for the full version. Consumers are heterogeneous in taste for infinitely durable software and there is no resale. We show that price discrimination leads to a...
Persistent link: https://www.econbiz.de/10010842891