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Upstream Competition between Vertically Integrated Firms

Bourreau, Marc; Hombert, Johan; Pouyet, Jérôme; … - HAL - 2009

We propose a model of two-tier competition between vertically integrated firms and unintegrated downstream firms. We show that, even when integrated firms compete in prices to offer a homogeneous input, the Bertrand result may not obtain, and the input may be priced above marginal cost in...

Persistent link: https://www.econbiz.de/10008794797

Difference between Adoption and Access Frequency to Internet and Consumer Surplus

Hadhri, Walid; Ayadi, Mohamed; Youssef, Adel Ben - HAL - 2012

The objective of this paper is twofold: first we use the methodology developed by Goolsbee and Klenow (2006) (G&K) that estimates the consumer's surplus of Internet's connection for France in 2005. Second, our paper challenges the initial methodology developed by G & K by using two complementary...

Persistent link: https://www.econbiz.de/10010820952

Distributional effects of a carbon tax on car fuels in France

Bureau, Benjamin - HAL - 2011

This paper analyses the distributional effects of alternative scenarios of carbon taxes on car fuels using disaggregated French panel data from 2003 to 2006. It incorporates household price responsiveness that differs across income groups into a consumer surplus measure of tax burden. Carbon...

Persistent link: https://www.econbiz.de/10008793313

Downstream Competition, Foreclosure and Vertical Integration

Chemla, Gilles; Chemla, Gilles - HAL - 2003

This paper shows that dominant firms may wish to encourage competition in vertically-related markets. It shows that firms' incentives to vertically integrate other firms depends on the competitive environment.

Persistent link: https://www.econbiz.de/10010535378

Market Size and Vertical Equilibrium in the Context of Successive Cournot Oligopolies

Dufeu, Ivan - HAL - 2004

This paper illustrates the effect of market size on the decision of whether or not firms should vertically integrate or disintegrate. We use a model of two successive stages of production with Cournot competition in each stage. In this model, firms choose to specialize (either upstream or...

Persistent link: https://www.econbiz.de/10008927077

Firm development as an integrated process: with evidence from the General Motors - Fisher Body case

Dietrich, Michael; Krafft, Jackie - HAL - 2011

This paper argues that an adequate approach to the firm should be able to accommodate the complexities of actual firm development. The latter is conceptualized in terms of three general stages: prime movers or drivers of change, change processes, and change attractors. Furthermore, any...

Persistent link: https://www.econbiz.de/10008792191

Vertical Integration, Innovation and Foreclosure

Allain, Marie-Laure; Chambolle, Claire; Rey, Patrick - HAL - 2010

This paper studies the potential effects of vertical integration on downstream firms' incentives to innovate. Interacting efficiently with a supplier may require information exchanges, which raises the concern that sensitive information may be disclosed to rivals. This may be particularly...

Persistent link: https://www.econbiz.de/10008794361

Optimal Transition from Coal to Gas and Renewable Power under Capacity Constraints and Adjustment Costs

Lecuyer, Oskar; Vogt-Schilb, Adrien - HAL - 2014

, gas, and renewable power plants). It finds that optimal investment in renewable energy may start before coal power has … been phased out and even before investment in gas has started, because doing so allows for smoothing investment over time … and reduces adjustment costs. Gas plants may be used to reduce short-term investment in renewable power and associated …

Persistent link: https://www.econbiz.de/10010890090

Entropy and the value of information for investors

Cabrales, Antonio; Gossner, Olivier; Serrano, Roberto - HAL - 2011

represented by the decrease in entropy of his beliefs, regardless of his preferences, initial wealth, or investment problem. We …

Persistent link: https://www.econbiz.de/10010930175

Vintage capital and the diffusion of clean technologies

Azomahou, Theophile; Boucekkine, Raouf; Nguyen-Van, Phu - HAL - 2011

sector to study the impact of investment subsidies on equilibrium investment and output. Energy and capital are assumed to be … structures are considered for the energy market, free entry and natural monopoly. First, it is shown that investment subsidies … may induce a larger equilibrium investment into cleaner technologies either under free entry or natural monopoly. However …

Persistent link: https://www.econbiz.de/10009644796