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demanding to implement, these various tools are: a- cost plus, b- price/revenue cap, c- output or performance-based regulation … implement. Lastly, conclusions for the regulation of networks are derived. A workable regulation of network relies on a …
Persistent link: https://www.econbiz.de/10010898485
Network regulation is playing an active role in a context of restructuring energy systems for long term transition to a … smart grid. Regulation of network companies' activities should consider both cost efficiency objectives and other objectives … such as quality and network innovation. It is in this context that incentive regulation tools are discussed and assessed in …
Persistent link: https://www.econbiz.de/10010899413
The contemporary tensions between patents and competition no longer reside in the traditional trade-off between the exclusionary right given to an inventor to encourage innovation, and the welfare loss induced by the market power associated to this right. They rather result from three important...
Persistent link: https://www.econbiz.de/10010751030
This paper investigates the rationales of exclusive dealing (ED), which is one of the most common forms of vertical restraint and attracts intense policy debates in anti-trust regulations. Based on a survey of the theoretical literature, we derive several hypotheses relative to the anti- and...
Persistent link: https://www.econbiz.de/10010899752
We study rationalizable solutions in a linear asymmetric Cournot oligopoly. We show that symmetry across firms favors multiplicity of rationalizable solutions: A merger (implying a greater asymmetry across firms) makes out-of-equilibrium behavior less likely and should dampen &lquo;coordination&rquo;...
Persistent link: https://www.econbiz.de/10011025972
The contemporary tensions between patents and competition no longer reside in the traditional trade-off between the exclusionary right given to an inventor to encourage innovation, and the welfare loss induced by the market power associated to this right. They rather result from three important...
Persistent link: https://www.econbiz.de/10011025982
Council Regulation (EC) 1/2003 came into force in May 2004 and replaced the mandatory notification of agreements by a …
Persistent link: https://www.econbiz.de/10010820666
We consider an oligopolistic industry including leveraged firms and unleveraged ones where firms are engaged in a sequential decision-making process. At the first stage of the game, a firm and her bank, considering the demand uncertainty and the distribution probability of the shock, evaluate a...
Persistent link: https://www.econbiz.de/10010821178
Patent pools are cooperative agreements between several patent owners to bundle the sale of their respective licenses. In this paper we analyze their consequences on the speed of the innovation process. We adopt an ex ante perspective and study the impact of possible pool formation on the...
Persistent link: https://www.econbiz.de/10008789240
firms in Italy is associated to the exploitation of well established technological trajectories grounded on competences …
Persistent link: https://www.econbiz.de/10011026219