Similar Search Results

The Effect of FDA Advisories on Branded Pharmaceutical Firms' Valuations and Promotion Efforts

Conti, Rena M.; Huskamp, Haiden A.; Berndt, Ernst R. - National Bureau of Economic Research (NBER) - 2011

The US Food and Drug Administration (FDA) expends considerable efforts in regulating medications approved for use. Yet the impact of medication labeling changes on brand pharmaceutical products, and whether and what firms do to respond to increased information regarding the safety and efficacy...

Persistent link: https://www.econbiz.de/10009325511

Why Tie A Product Consumers Do Not Use?

Carlton, Dennis W.; Waldman, Michael; Gans, Joshua S. - National Bureau of Economic Research (NBER) - 2007

This paper provides a new explanation for tying that is not based on any of the standard explanations -- efficiency, price discrimination, and exclusion. Our analysis shows how a monopolist sometimes has an incentive to tie a complementary good to its monopolized good in order to transfer...

Persistent link: https://www.econbiz.de/10005714129

Pricing Decisions in Franchised Chains: A Look at the Restaurant and Fast-Food Industry

Lafontaine, Francine - National Bureau of Economic Research (NBER) - 1995

This paper examines empirical issues of pricing and price dispersion within franchised restaurant and fast-food chains. Given the per se illegality of resale price maintenance (RPM) under current U.S. Antitrust laws, and the fact that franchised outlets are independent businesses under the law,...

Persistent link: https://www.econbiz.de/10005714470

Exclusive Dealing

Bernheim, B. Douglas; Whinston, Michael - National Bureau of Economic Research (NBER) - 1996

In this paper, we provide a conceptual framework for understanding the phenomenon of exclusive dealing, and we explore the motivations for and effects of its use. For a broad class of models, we characterize the outcome of a contracting game in which manufacturers may employ exclusive dealing...

Persistent link: https://www.econbiz.de/10005828719

How Wide is the Scope of Hold-Up-Based Theories? Contractual Form and Market Thickness in Trucking

Hubbard, Thomas N. - National Bureau of Economic Research (NBER) - 1999

How far do the contractual implications of hold-up-based theories (Klein, Crawford, and Alchian (1978), Williamson (1979, 1985)) extend? I investigate this in the context of trucking. Quasi-rents in trucking are generally smaller than in the contexts studied in the previous empirical literature....

Persistent link: https://www.econbiz.de/10005829712

Antitrust

Kaplow, Louis; Shapiro, Carl - National Bureau of Economic Research (NBER) - 2007

This is a survey of the economic principles that underlie antitrust law and how those principles relate to competition policy. We address four core subject areas: market power, collusion, mergers between competitors, and monopolization. In each area, we select the most relevant portions of...

Persistent link: https://www.econbiz.de/10005049968

Efficiency and Foreclosure Effects of All-Units Discounts: Empirical Evidence

Mortimer, Julie Holland; Conlon, Christopher T. - National Bureau of Economic Research (NBER) - 2013

All-Units Discounts are vertical rebates in which a manufacturer pays a retailer a linear wholesale price up to a quantity threshold; beyond the threshold, the retailer receives a discount on all future and previous units. Such contracts, which are common in many industries, potentially have both...

Persistent link: https://www.econbiz.de/10010796569

Exclusionary Minimum Resale Price Maintenance

Asker, John; Bar-Isaac, Heski - National Bureau of Economic Research (NBER) - 2010

incumbent manufacturer transfer profits to retailers. If entry is accommodated, upstream competition leads to fierce down …- stream competition and the breakdown of RPM. Hence, via RPM, retailers internalize the effect of accommodating entry on the … incumbent's profits. Retailers may prefer not to accommodate entry; and, if entry requires downstream accommodation, entry can …

Persistent link: https://www.econbiz.de/10008756460

Bargaining in Bilateral Oligopoly: An Alternating Offers Representation of the "Nash-in-Nash" Solution

Collard-Wexler, Allan; Gowrisankaran, Gautam; Lee, Robin S. - National Bureau of Economic Research (NBER) - 2014

The concept of a Nash equilibrium in Nash bargains, proposed in Horn and Wolinsky (1988), has become the workhorse bargaining model for predicting and estimating the division of surplus in applied analysis of bilateral oligopoly. This paper proposes a non-cooperative foundation for this...

Persistent link: https://www.econbiz.de/10010969276

Smokescreen: How Managers Behave When They Have Something To Hide

González, Tanja Artiga; Schmid, Markus; Yermack, David - National Bureau of Economic Research (NBER) - 2013

We study financial reporting and corporate governance in 218 companies accused of price fixing. These firms engage in evasive financial reporting strategies, including earnings smoothing, segment reclassification, and restatements. In corporate governance, cartel firms favor outside directors...

Persistent link: https://www.econbiz.de/10010969328

1
2
3
4
5
6
7
8
9
10
Next
Last