Similar Search Results

Mark-up and Capital Structure of the Firm facing Uncertainty

Chatelain - EconWPA - 2004

This note shows that, with pre-set price and capital decisions of firms facing uncertainty and financial market imperfections, price, mark up and the expected degree of capacity utilization (resp. capital) decreases (resp. increases) with the firm internal net worth.

Persistent link: https://www.econbiz.de/10005134898

Eliciting Demand Information through Cheap Talk: An Argument in Favor of Price Regulations

Frisell, Lars; Lagerlof, Johan N.M. - EconWPA - 2005

A firm must decide whether to launch a new product. A launch implies considerable fixed costs, so the firm would like …

Persistent link: https://www.econbiz.de/10005412896

Externalities of the Microsoft^Rs Network Goods

Leitão, João; Osório, Carlos - EconWPA - 2002

This paper aims to make a public statement about the strategy implemented by Microsoft in order to reinforce its market power across the networked users of Windows Operative System, and Xbox Games Console. It is presented an economic view that supports the anticipating (not predatory) position...

Persistent link: https://www.econbiz.de/10005412955

Plastic Clashes: Competition among Closed and Open Systems in the Credit Card Industry.

Manenti, Fabio M.; Somma, Ernesto - EconWPA - 2002

This paper analyses market competition between two different types of credit card platforms: not-for-profit … associations and proprietary systems. The main focus is on the role of the interchange fee set by not-for-profit platforms. We show … competitive conditions within the not-for-profit platform and are affected by the strength of inter-platform competition. We also …

Persistent link: https://www.econbiz.de/10005076892

Naked Exclusion: A Reply

Rasmusen, Eric; Ramseyer, J. Mark; Wiley, John - EconWPA - 1999

Our one-page reply to Whinston and Siegal's forthcoming AER article correcting and elaborating our 1991 AER article.

Persistent link: https://www.econbiz.de/10005561430

The economic theory of quasi-exclusive territory

Nikae, Daisuke; Ikeda, Takeshi - EconWPA - 2005

This paper introduces the economic theory of gquasi-exclusive territory.h We consider vertical dealings with two …

Persistent link: https://www.econbiz.de/10005561437

Some Critical Provisions in the Antimonopoly Laws of Central and Eastern Europe

Pittman, Russell - EconWPA - 2001

Antimonopoly laws must contain effective provisions for the attack of exclusionary behavior by firms with market power while at the same time not attacking procompetitive behavior by entrants or incumbents. This paper suggests seven textual criteria by which a new law may be evaluated in its...

Persistent link: https://www.econbiz.de/10005561465

Contracting with Externalities

Segal, Ilya - EconWPA - 1998

The paper studies inefficiencies arising in contracting between one principal and N agents when the utility of each agent depends on all agents' trades with the principal. When the principal commits to a set of publicly observable bilateral contract offers, the arising inefficiency is due...

Persistent link: https://www.econbiz.de/10005125878

Do court-ordered breakups spur innovation?

Taylor, Leon - EconWPA - 2001

Breaking up a monopoly may have stimulated innovation in oil refining over decades. In the shorter run, the immediate demand for oil may have spurred more innovation.

Persistent link: https://www.econbiz.de/10005126048

Vertical Restraints and Parallel Imports with Differentiated Products

Cosac, Teodora - EconWPA - 2004

wholesale price in one country might induce a retailer to resell the good for profit in the other country, generating thereby …

Persistent link: https://www.econbiz.de/10005134426