Showing 1 - 10 of 19
We provide a model that explains the following empirical observations: i) private ownership is more efficient than public ownership, ii) privatizations are associated with increases in efficiency and iii) the increase in efficiency predates the privatization. The two key mechanisms explaining...
Persistent link: https://www.econbiz.de/10005771095
This thesis consists of one essay in industrial organization and two essays in non-cooperative game theory.
Persistent link: https://www.econbiz.de/10005780371
This thesis consists of one essay in industrial organization and two essays in non-cooperative game theory.
Persistent link: https://www.econbiz.de/10010699976
In this paper, a model of product innovation is developed that endogenizes the degree of cooperation. Two opposing forces affect firm profit in an R&D joint venture. Cooperation increases the quality of the product but it also makes the new products more similar. The increasing substitutability...
Persistent link: https://www.econbiz.de/10005645276
Persistent link: https://www.econbiz.de/10010818372
apply to aviation. The directive was legally challenged by US airlines before a UK court, which referred the case to the …
Persistent link: https://www.econbiz.de/10010818345
This report studies the importance of efficiency gains from horizontal mergers. A general theme throughout this report is that efficiency gains, and their pass-on to consumers, may vary substantially from merger to merger. For this reason it seems appropriate to reconsider current practice in...
Persistent link: https://www.econbiz.de/10005670113
bargaining. The model is suggested by Björnerstedt and Stennek (2006) as a work horse for studying bilateral oligopoly. The key …
Persistent link: https://www.econbiz.de/10005771098
The purpose of this report is to contribute to the analysis of two questions. Should a merger control system take into account efficiency gains from horizontal mergers, and balance these gains against the anti-competitive effects of mergers? If so, how should a system be designed to account for...
Persistent link: https://www.econbiz.de/10005419501
In intermediate goods markets, both buyers and sellers normally have market power, and sales are based on bilaterally negotiated contracts specifying both price and quantity. In our model, pairs of buyers and sellers meet in bilateral but interdependent Rubinstein-Ståhl negotiations. The...
Persistent link: https://www.econbiz.de/10005419526