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This paper compares the decisions of s single product oligopolists and of a multiproduct monopolist with respect to pricing, product choice, location and entry, within a 3 stage game on the part of the oligopolists. It turns out that from the consumer's point of view a monopolistic versus...
Persistent link: https://www.econbiz.de/10005066076
In several contract situations, parties exchange promises of future performance, creating reciprocal obligations. In this paper, we extend the standard models of contract remedies to consider the incentives created by contracts where both parties provide only executory consideration and where...
Persistent link: https://www.econbiz.de/10009321315
In Williams v. Florida (399 U.S. 78 [1970]), the U.S. Supreme Court decided a case addressing the constitutionality of juries composed of fewer than 12 jurors, ruling that smaller juries are not inconsistent with the Sixth Amendment. In an effort to speed deliberation and reduce the rate of...
Persistent link: https://www.econbiz.de/10010691500