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consistent with the theory. We find that retailers are more likely to carry a store brand in a category if the share of the … retailer's decision whether to carry an additional national brand or a store brand, and if the retailer chooses to introduce … the latter, where in product space to locate the store brand. Store brands differ from other brands in being both …
Persistent link: https://www.econbiz.de/10012471049
branded equivalent, while the retailer's margin on the national brand is an upper bound on the retailer's marginal handling … cost for both the brand and private label versions. We find that lower bounds on the 'full' markup ratio range from 3 …
Persistent link: https://www.econbiz.de/10012470293
We propose an equilibrium theory of data-driven antitrust oversight in which regulators launch investigations on the … provide evidence that cartel adaptation to regulatory oversight is a real concern …
Persistent link: https://www.econbiz.de/10013334437
. Conspicuous characteristics fulfilled many of the functions that patents, trademarks, and brand names do today. The words that … referred to products with conspicuous characteristics served as brand names in the Middle Ages. Data drawn from an array of …
Persistent link: https://www.econbiz.de/10012464717
; this is equivalent to modeling firms as an implicit cartel playing a punishment game. We show that coordination can …
Persistent link: https://www.econbiz.de/10012471622
Concentration-based screens for horizontal mergers, such as those employed in the US DOJ and FTC Horizontal Merger Guidelines, play a central role in merger analysis. However, the basis for these screens, in both form and level, remains unclear. We show that there is both a theoretical and an...
Persistent link: https://www.econbiz.de/10012481388
We consider the impact of domestic antidumping law in a two-country partial equilibrium model where domestic and foreign firms tacitly collude in the domestic market. Firms engage in an infinitely repeated game, with each period composed of a two-stage game. In the first stage each firm chooses...
Persistent link: https://www.econbiz.de/10012476032
from, individual markets. We show that this gives rise to a new mechanism by which a cartel can sustain a collusive …
Persistent link: https://www.econbiz.de/10012458501
it is detected. We propose a theory of "equilibrium price cutting and business stealing" in cartels to bridge this gap … between theory and observation …
Persistent link: https://www.econbiz.de/10012458671
In an earlier work, we analyzed how the legal rules governing contractual liability affect the transfer of information … between the parties to the contract. In particular, we showed how limitations on contractual liability might lead high … liability are and are not socially desirable. In an article forthcoming in the Stanford Law Review, Barry Adler develops a …
Persistent link: https://www.econbiz.de/10012471688