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A Micro-Level 'Consumer Approach' to Species Population Dynamics

Christiaans, Thomas; Eichner, Thomas; Pethig, Rudiger - 2021

maximizing their net offspring under constraints. Net offspring is increasing in prey biomass intake, declining in the loss of … biomass and the biomass of its prey is. In the short-run periods prices (scarcity indicators) coordinate and determine all … function. With two species in predator-prey relationship, we derive differential equations whose dynamics are completely …

Persistent link: https://www.econbiz.de/10013318279

Private Monitoring, Collusion and the Timing of Information

Khalil, Fahad; Lawarrée, Jacques; Scott, Troy Joseph - 2015

When a principal’s monitoring information is private (non-verifiable), the agent should be concerned that the principal could misrepresent the information to reduce the agent’s wage or collect a monetary penalty. Restoring credibility may lead to an extreme waste of resources - the so-called...

Persistent link: https://www.econbiz.de/10014043494

Sustainability of Product Market Collusion Under Credit Market Imperfections

Marjit, Sugata - 2017

We study the implications of credit constraints for the sustainability of product market collusion in a bank-financed oligopoly in which firms face an imperfect credit market. We consider two situations, without and with credit rationing, i.e., with a binding credit limit. When there is credit...

Persistent link: https://www.econbiz.de/10012963378

Salience in Retailing : Vertical Restraints on Internet Sales

Helfrich, Magdalena - 2017

We provide an explanation for a frequently observed vertical restraint in ecommerce, namely that brand manufacturers partially or completely prohibit that retailers distribute their high-quality products over the internet. Our analysis is based on the assumption that a consumer's purchasing...

Persistent link: https://www.econbiz.de/10012947991

Vertical Integration and Downstream Collusion

Biancini, Sara - 2016

We investigate the effect of a vertical merger on downstream firms' ability to collude in a repeated game framework. We show that a vertical merger has two main effects. On the one hand, it increases the total collusive profits, increasing the stakes of collusion. On the other hand, it creates...

Persistent link: https://www.econbiz.de/10012987391

Optimal Cross-Licensing Arrangements : Collusion Versus Entry Deterrence

Choi, Jay Pil - 2018

otherwise relax competition and sustain a collusive outcome, dulls incentives to litigate against entrants. Our analysis can …

Persistent link: https://www.econbiz.de/10012912373

Airline Alliances, Carve-Outs and Collusion

Brueckner, Jan K. - 2011

In this paper, we ask how antitrust immunity subject to a carve-out affects collusion incentives in international airline alliances. We show that the gains from economies of density due to higher interline traffic under the alliance strengthen the incentive to collude on the interhub segment,...

Persistent link: https://www.econbiz.de/10013119837

Multimarket Linkages, Cartel Discipline and Trade Costs

Agnosteva, Delina - 2018

We build a model of tacit collusion between firms that operate in multiple markets to study the effects of trade costs. A key feature of the model is that cartel discipline is endogenous. Thus, markets that appear segmented are strategically linked via the incentive compatibility constraint....

Persistent link: https://www.econbiz.de/10012926563

Multi-Market Collusion with Demand Linkages and Antitrust Enforcement

Choi, Jay Pil - 2009

This paper analyzes dynamic cartel formation and antitrust enforcement when firms operate in demand-related markets. We show that cartel prosecution can have a knock-on effect: desisting a cartel in one market reduces profits and cartel stability and leads to the break-up of the cartel in the...

Persistent link: https://www.econbiz.de/10013160219

Fighting Collusion by Permitting Price Discrimination

Helfrich, Magdalena - 2016

We investigate the effect of a ban on third-degree price discrimination on the sustainability of collusion. We build a model with two firms that may be able to discriminate between two consumer groups. Two cases are analyzed: (i) Best-response symmetries so that profits in the static Nash...

Persistent link: https://www.econbiz.de/10012996205