Showing 1 - 10 of 245
exclusionary right given to an inventor to encourage innovation, and the welfare loss induced by the market power associated to … and competition on the product market, the technology market, and the innovation market. The first distortion is related … in the context of an isolated innovation, is not quite adapted to the context of sequential innovations. While sequential …
Persistent link: https://www.econbiz.de/10010751030
Council Regulation (EC) 1/2003 came into force in May 2004 and replaced the mandatory notification of agreements by a regime of ex post monitoring. This paper shows that ex post monitoring is the optimal audit regime when the competition authority's probability of error is low. On the other...
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
. In this paper we analyze their consequences on the speed of the innovation process. We adopt an ex ante perspective and …
Persistent link: https://www.econbiz.de/10008789240
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
exclusionary right given to an inventor to encourage innovation, and the welfare loss induced by the market power associated to … and competition on the product market, the technology market, and the innovation market. The first distortion is related … in the context of an isolated innovation, is not quite adapted to the context of sequential innovations. While sequential …
Persistent link: https://www.econbiz.de/10011025982
The paper investigates the patterns of persistence of innovation and of the properties of firms' knowledge base (KB …
Persistent link: https://www.econbiz.de/10010933797
"Vertige" est le mot qui vient immédiatement à l'esprit quand nous contemplons le tourbillon des logos et marques territoriales qui s'étalent désormais sous nos yeux. " Inquiétude " c'est le sentiment que l'on peut ressentir à la vue des bricolages visuels et des simplifications qui...
Persistent link: https://www.econbiz.de/10010935040
The "hierarchical and linear model of innovation" (HLMI) is often used to describe how innovations are produced. HLMI … conceiving innovation systems as associations of building blocks and using contemporary engineering diagram-based languages to … display them. Nevertheless, this improvement does not challenge the dynamic features of innovation systems …
Persistent link: https://www.econbiz.de/10010929993