Showing 1 - 10 of 16
This paper investigates the determinants of Spanish vertical intra-industrytrade with a large sample of countries. We empirically test the comparative advantageexplanation. For this aim, we build physical, human and technologicalcapital stocks. On average, when using OLS techniques, differences...
Persistent link: https://www.econbiz.de/10005731095
We introduce strategic behaviour in assigning a certain distribution channel to a product of a particular quality. We propose a variety of models to analyze and study some of the determinants of the choice of distribution channels. Taking the Gabszewicz and Thisse's (1979) model as a benchmark,...
Persistent link: https://www.econbiz.de/10005731431
downstream firms are locked in a bilateral monopoly with their own input suppliers. The main result is that the degree of product … suppliers merge to monopoly, the quality choice is not affected by the upstream market power and differentiation always emerges …. When the downstream segment is shaped by a monopoly, goods become homogeneous unless input suppliers have weak bargaining …
Persistent link: https://www.econbiz.de/10008752934
locked in a bilateral monopoly, the pattern of downstream mergers is investigated. In such a setting, a downstream merger …
Persistent link: https://www.econbiz.de/10008683550
This paper looks at the endogenous formation of airline alliances bymeans of a two-stage game where first airlines decide whether to form analliance and then fares are determined. We analyze the profitability and thestrategic effects of airline alliances when two complementary...
Persistent link: https://www.econbiz.de/10005212595
The paper formalizes the observation that submarkets for high-quality and low-quality variants are markedly different from each other. We study a simple model where variants of low quality cannot be horizontally differentiated, whereas customers disagree about the value of variants in the...
Persistent link: https://www.econbiz.de/10008542873
In a three-stage duopoly game with product design at stage 1, advertising & marketing at stage 2, and price competition at stage 3, advertising & marketing enable customers to distinguish the goods from each other thus relaxing price competition. The subgame perfect equilibria of the three stage...
Persistent link: https://www.econbiz.de/10008542875
Two one-product firms compete in prices on a market with differentiated products. Goods are differentiated because customers switch from one good to the other at different relative prices. With the specification that mean demand in the market is unit-elastic 1 pro vide conditions on the shape of...
Persistent link: https://www.econbiz.de/10008542877
I show the uniqueness of equilibrium for a class of oligopoly models with strategic complements.Product differentiation models are considered in which the contraction mapping theorem cannotnecessarily be applied.
Persistent link: https://www.econbiz.de/10005731214
In this paper we get the optimal two-part tariff contract for the licensing of a cost reducing innovation to a differentiated goods industry of a general size. We analyze the cases where the patentee is an independent laboratory or an incumbent firm. We show that, regardless of the number of...
Persistent link: https://www.econbiz.de/10005731391