Showing 1 - 10 of 1,607
This paper investigates how different damage rules in patent infringement cases shape competition when intellectual property rights are probabilistic. I develop a simple model of oligopolistic competition to compare two main liability doctrines that have been used in the US to assess...
Persistent link: https://www.econbiz.de/10013317488
We study upstream horizontal mergers and their potential efficiency gains. We show that an upstream horizontal merger … and decreases wholesale prices when downstream competition is not too strong. Examining whether the merger's potential …
Persistent link: https://www.econbiz.de/10013157197
merger by either reducing or increasing both price and quality. Welfare implications are not clear-cut and mergers might …
Persistent link: https://www.econbiz.de/10013019860
We show that the presence of a strategic tax policy increases the incentive for a horizontal merger compared to the … a horizontal merger that has been ignored in the existing literature. In contrast to the usual belief, we also show that … a horizontal merger may benefit the consumers and the society …
Persistent link: https://www.econbiz.de/10013045922
The U.S. and EU Merger Guidelines strongly emphasize the relevance of the “ease of entry” argument in merger … number of firms in related product markets. Finally, our results confirm that post-merger changes in the equilibrium number …
Persistent link: https://www.econbiz.de/10012988887
product space are lower and a merger with an incumbent (horizontal FDI) offers pricing power that allows the entrant to … product space and can provide an additional incentive for a merger. A basic product space model with a linear Hotelling setup …-border merger and acquisitions data support the model's prediction that horizontal FDI grows relatively faster than exports in …
Persistent link: https://www.econbiz.de/10013060458
This paper analyzes the effects of net neutrality regulation on investment incentives for Internet service providers (ISPs) and content providers (CPs), and their implications for social welfare. We show that the ISP's decision on the introduction of discrimination across content depends on a...
Persistent link: https://www.econbiz.de/10013316480
In this paper we explore the implication of a morbidity risk for the relationship between longevity and annuitization. We divide old-age life into two periods with uncertain survival from the end of the first to the end of the second. We show that a rise in the survival rate causes different...
Persistent link: https://www.econbiz.de/10012759851
This paper develops a theory of firm selection and growth and embeds it into an international trade framework of …
Persistent link: https://www.econbiz.de/10013316364
This paper analyses tax competition and tax coordination in a model where capital flows occur in the form of mergers and acquisitions, rather than greenfield investment. In this framework, we show that differences in residence based taxes do not necessarily distort international ownership...
Persistent link: https://www.econbiz.de/10013153614