sector are fully transmitted in changes to retail prices. Therole of market structure in determining the degree of price …

output as well as the tax rate are increasingin investment. With divisible investment, commitment always leads to the first … underinvestment with taxation. With indivisible investmentand direct regulation, commitment leads to the first best. With taxation … however,commitment may not lead to the first best and time consistency can lead to higherwelfare. This remarkable result …

The paper proves that in two-player logit form symmetric contestswith concave success function, commitment to a … provides a contest-like game inwhich commitment does not increase a player's payo for any numberof players... …

profitable strategyunder both monopoly and product market competition. The incentive for bi-sourcingdepends on the product market … and outside input market competition... …

We examine a Stackelberg game where a financially constrainedleader faces competition from a ‘deep pocket’ follower. We … analyzethe consequences of this trade-off between a financial and a strategicadvantage for both the design of financial contracts …

We show the effects of Bertrand and Cournot competition on R&D investmentand social welfare in a duopoly with R …&D competition where success in R&D isprobabilistic. We show that R&D investments are higher under Bertrand (Cournot)competition when … Cournot competition can generate highersocial welfare in absence of knowledge spillover and this happens if R&D is drastic …

interest rates. A three-period OLG model is presented with monopolistic competition in the finance sector to endogenise the …

We show the welfare effects of entry in presence of technology licensingunder Cournot competition. If the entrant is …