is à la Cournot between firms with constant asymmetric marginal costs. The main result is that such a vertical merger can …

literature. In this note, I trace back the origin of the idea to Chapter IX, on complementary goods monopolies, of Cournot (1838 …). Through the years Cournot's contribution remained a reference but ended being viewed as a special case of the bilateral … of Cournot for the simultaneous game and extend it to the sequential game. I also show that prices are usually higher in …

Letters, 124: 122-126) show that in a vertically related market Cournot competition yields higher social welfare compared to …

fertility decisions in France, both for the first and for the third child. As an example, an unconditional child benefit with a …

of migrants to four countries, viz. France, Germany, the UK and the US, which receive a substantial share of all …

micro-data for France, Germany, the UK and the US, we study their decisions to migrate to one of the four countries using a …

parameters at each frequency separately, and adopt this framework to model quarterly prices in three European countries (France …, Italy and the UK). The empirical results suggest that inflation in France and Italy is nonstationary. However, while for the …