Showing 1 - 10 of 24
From the perspective of antitrust authorities, the multiplication of patents embodied in technology standards is a source of concerns. Certainly it is necessary and efficient that patents owners derive a revenue from the use of the standard. Yet by their function - ensuring compatibility between...
Persistent link: https://www.econbiz.de/10008789156
Open Source Software is often viewed as an anti-intellectual property regime. By contrast, we argue how IP law is at the heart of open source model since licenses that organize the innovation and business relationships between developers, distributors and end-users are based on copyright law....
Persistent link: https://www.econbiz.de/10008790318
In the symmetric independent private value model, we revisit auctions with entry by adding two additional ingredients: difficulties to commit to the announced mechanism, in particular not to update the reserve price after bidders took their entry decisions, and seller's ex ante uncertainty on...
Persistent link: https://www.econbiz.de/10010739022
Real options models characterized by the presence of ambiguity have been recently proposed. But based on recursive multiple-priors approaches to solve ambiguity, these seminal models reduce individual preferences to extreme pessimism by considering only the worst case scenario. In contrast, by...
Persistent link: https://www.econbiz.de/10008793841
According to the seminal Cost Recovery Theorem the revenues from congestion tolls pay for the capacity costs of an optimal-sized facility if capacity is perfectly divisible, and if user costs and capacity costs have constant scale economies. This paper extends the Theorem to long-run uncertainty...
Persistent link: https://www.econbiz.de/10010821262
This paper studies the link between the design of international environmental agreements and the incentives for the private sector to invest in cleaner technologies. More specifically, it compares the performance, in the Paretoo sense, of two types of agreement : an agreement on a uniform...
Persistent link: https://www.econbiz.de/10010750555
This note further characterizes the tacit collusion equilibria in the investment timing game of Boyer, Lasserre and … Moreaux [1]. Tacit collusion equilibria may or may not exist, and when they do may involve either finite time investments …-delay tacit collusion. …
Persistent link: https://www.econbiz.de/10008788971
Collusion sustainability depends on firms' aptitude to impose sufficiently severe punishments in case of deviation from … the expression of the lowest discount factor for which collusion can be sustained is computed, that both depend on the … a severity constraint, and uncovers the role of structural parameters that facilitate collusion by relaxing the …
Persistent link: https://www.econbiz.de/10008789532
Les nouveaux instruments dont se sont récemment dotées les autorités de concurrence, particulièrement en France, s'inscrivent dans la recherche d'une efficacité allocative accrue, soit en simplifiant les procédures, soit en permettant une lutte plus efficace contre les pratiques...
Persistent link: https://www.econbiz.de/10008790468
In this paper, we study the impact of a merger on collusion depending on the endowment of capital asset among firms. We … show that the merger makes the collusion easier to sustain when asymmetric capital stock combines with less efficient …
Persistent link: https://www.econbiz.de/10008792933