Showing 1 - 10 of 46
This article analyzes the effects of international trade policies on an imperfect competitive domestic market, taking into account not only consumers but also upstream and downstream firms. We first study the impact of a classic import tax decrease and we find that upstream firms are harmed and...
Persistent link: https://www.econbiz.de/10008764897
Policy design in oligopolistic settings depends critically on the mode of competition between firms. We develop a model of oligopoly intermediation that reveals the mode of competition to be an equilibrium outcome that depends on the relative degree of rivalry between firms in the upstream and...
Persistent link: https://www.econbiz.de/10010898237
Persistent link: https://www.econbiz.de/10005767441
This paper constructs an economic analysis of some organ donation organizations. The two main examples are voluntary marrow donor registries and cord blood banks. The main characteristic of this system is to facilitate the graft of bone marrow or cord blood to patients. These grafts require a...
Persistent link: https://www.econbiz.de/10008511626
This paper proposes a game to study strategic communication on platforms by parties. Parties’ platforms have been chosen in a multidimensional policy space, but are imperfectly known by voters. Parties strategically decide the emphasis they put on the various issues, and thus the precision of...
Persistent link: https://www.econbiz.de/10008468748
While vertical integration is traditionally seen as a solution to the hold-up problem, this paper highlights instead that it can generate hold-up problems — for rivals. We first consider a successive duopoly where competition among suppliers eliminates any risk of hold-up; downstreamfirms thus...
Persistent link: https://www.econbiz.de/10010968928
Two-period Cournot competition between n identical firms producing at constant marginal cost and able to store before selling has pure strategy Nash-perfect equilibria, in which some firms store to exert endogenously a leadership over rivals. The number of firms storing balances market share...
Persistent link: https://www.econbiz.de/10010852304
We consider a simple two period model where consumers have different switching costs. Before the market opens, there was an incumbent who sold to all consumers. We identify the equilibrium both with Stackelberg and Bertrand competition and show how the presence of low switching cost consumers...
Persistent link: https://www.econbiz.de/10010852306
We study how the presence of a news aggregator affects quality choices of newspapers competing on the Internet. To provide a microfoundation for the role of the aggregator, we build a model of multiple issues where each newspaper chooses quality on each issue. This model captures the...
Persistent link: https://www.econbiz.de/10010852324
We develop a model of interlocking bilateral relationships between upstream firms (manufacturers) that produce differentiated goods and downstream firms (retailers) that compete imperfectly for consumers. Contract offers and acceptance decisions are private information to the contracting...
Persistent link: https://www.econbiz.de/10010944623