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Entrepreneurial Innovations, Competition and Competition Policy

Norbäck, Pehr-Johan; Persson, Lars - Institutet för Näringslivsforskning (IFN) - 2006

We show that, in the case when innovations are for sale, increased product market competition, captured by reduced … the bidding competition for the innovation and by increasing the relative profitability of being the most efficient firm … in the industry. Moreover, it is shown that increased intensity of competition can increase the relative profitability of …

Persistent link: https://www.econbiz.de/10005419538

Effects of Competition between Healthcare Providers on Prescription of Antibiotics

Fogelberg, Sara - Institutet för Näringslivsforskning (IFN) - 2013

competition between healthcare providers on prescription of antibiotics. The analysis makes use of a competition-inducing reform … competition had a positive and significant effect on prescription of antibiotics. This increase in prescription of antibiotics was …

Persistent link: https://www.econbiz.de/10011079254

Horizontal Mergers Without Synergies May Increase Consumer Welfare.

Stennek, J. - Institutet för Näringslivsforskning (IFN) - 2001

Markets with imperfect competition do not induce a cost-minimizing allocation of production between firms. The market …

Persistent link: https://www.econbiz.de/10005670124

Developing and Distributing Essential Medicines to Poor Countries: The DEFEND Proposal

Ganslandt, Mattias; Maskus, Keith E.; Wong, Eina V. - Institutet för Näringslivsforskning (IFN) - 2001

The poorest nations of the world suffer from extreme disease burdens, which go largely untreated because weak incomes and the prevailing system of intellectual property rights fail to provide sufficient incentives to develop new treatments and distribute them at low cost. Recent price reductions...

Persistent link: https://www.econbiz.de/10005645418

Developing and Distributing Essential Medicine to Poor Countries: The DEFEND Proposal.

Ganslandt, M.; Maskus, K.E.; Wong, E.V. - Institutet för Näringslivsforskning (IFN) - 2001

Persistent link: https://www.econbiz.de/10005670121

Supply Function Equilibria: Step Functions and Continuous Representations

Holmberg, Pär; Newbery, David; Ralph, Daniel - Institutet för Näringslivsforskning (IFN) - 2009

In most wholesale electricity markets generators must submit step-function offers of supply to a uniform price auction, and the market is cleared at the price of the most expensive offer needed to meet realised demand. Such markets can most elegantly be modelled as the pure-strategy, Nash...

Persistent link: https://www.econbiz.de/10005025457

Supply Function Equilibria of Pay-as-Bid Auctions

Holmberg, Pär - Institutet för Näringslivsforskning (IFN) - 2009

This paper characterizes the Nash equilibrium in a pay-as-bid (discriminatory), divisible-good, procurement auction. Demand by the auctioneer is uncertain as in the supply function equilibrium model. A closed form expression is derived. Existence of an equilibrium is ensured if the hazard rate...

Persistent link: https://www.econbiz.de/10005025460

Regulation of Cost and Quality under Yardstick Competition

Tangerås, Thomas P. - Institutet för Näringslivsforskning (IFN) - 2002

improvement and the more efficiently should it produce. Optimal yardstick competition reduces distortion of both effort and … quality. Under product market competition expenditures on quality should be increasing in the firm's own productivity and …

Persistent link: https://www.econbiz.de/10005419539

Unfair Competition by Government Firms and Authorities in the Consulting Market.

Svensson, R. - Institutet för Näringslivsforskning (IFN) - 2001

Government firms and authorities often sell services in the free market via affiliated consulting firms (CFs). In this study, I analyze whether these agents have an unfair competitive edge compared to private CFs. The theoretical analysis shows that private and state-owned CFs operate under...

Persistent link: https://www.econbiz.de/10005639292

Efficiency Gains from Mergers.

Roller, L.-H.; Stennek, J.; Verboven, F. - Institutet för Näringslivsforskning (IFN) - 2000

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/10005670112