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Vertical differentiation and collusion : cannibalization or proliferation?
Gabszewicz, Jean Jaskold; Marini, Marco A.; Tarola, Ornella - 2016
In this paper, we tackle the dilemma of pruning versus proliferation in a vertically differentiated oligopoly under the assumption that some firms collude and control both the range of variants for sale and their corresponding prices, likewise a multiproduct firm. We analyse whether pruning...
Persistent link: https://www.econbiz.de/10011451580
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Collusive agreements in vertically differentiated markets
Marini, Marco A. - 2017
proliferating their products. It is shown that a selective pruning within the cartel always occurs. Moreover, by associating a … cooperative (or coalitional) stability of the whole industry cartel is the equidistance of firms’ products along the quality …
Persistent link: https://www.econbiz.de/10011660599
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Estimating vertical foreclosure in US gasoline supply
Aydemir, Zava (contributor); Bühler, Stefan (contributor) - 2002 - [Elektronische Ressource]
We examine the competitive effects of the vertical integration of gasoline refineries and retailers in the U.S. Adapting the first-order condition approach of static oligopoly games to the analysis of vertically related oligopolies, we develop a novel framework for directly evaluating the...
Persistent link: https://www.econbiz.de/10001729426
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Stability of collusion and quality differentiation : a Nash bargaining approach
Athanasopoulos, Thanos; Dindaroglu, Burak; Petropoulos, … - 2021
more likely to leave the cartel for small quality differences, high quality firms determine cartel stability when the …
Persistent link: https://www.econbiz.de/10012655386
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Demand growth, entry and collusion sustainability
Capuano, Carlo - 2002
The purpose of this paper is to represent in which way a stable and no negligible growth in demand can affect the level of sustainability of collusion. For the European Commission this assumption is seen as a factor that disincentives collusion and pushes to a competitive behavior. This fact...
Persistent link: https://www.econbiz.de/10011597631
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Cartel sustainability and cartel stability
Escrihuela-Villar, Marc - 2004
The paper studies how does the size of a cartel affect the possibility that its members can sustain a collusive … agreement. I obtain that collusion is easier to sustain the larger the cartel is. Then, I explore the implications of this … result on the incentives of firms to participate in a cartel. Firms will be more willing to participate because otherwise …
Persistent link: https://www.econbiz.de/10011600408
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Forward trading and collusion in supply functions
Wölfing, Nikolas - 2019
This paper studies the effect of forward contracts on the stability of collusion among firms, competing in supply functions on the spot market. A forward market can increase the range of discount factors which allow to sustain collusion. On the contrary, collusion is destabilised when a...
Persistent link: https://www.econbiz.de/10011968922
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Sports business and the theory of multisided markets
Budzinski, Oliver; Satzer, Janina - 2009
Despite still being younger than a decade, the theory of multisided market has offered numerous valuable insights for the analysis of industries in which a supplier serves two distinct customer groups that are indirectly interrelated by externalities. Examples include payment systems, matching...
Persistent link: https://www.econbiz.de/10003821599
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Is there a U-shaped Relation between competition and Investment?
Sacco, Dario - 2008
We argue that, in a simple setting, the relation between the intensity of competition and cost-reducing investment is U-shaped. We consider a two-stage game with cost-reducing investments followed by a linear differentiated Cournot duopoly. We first show that, except for firms that are much less...
Persistent link: https://www.econbiz.de/10003892459
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Multisided media markets : applying the theory of multisided markets to media markets
Lindstädt-Dreusicke, Nadine - 2009
Media markets recently have been identified as multisided markets. The application of the theory of multisided markets provides a better understanding of such markets. It enriched the hitherto economic approach and led to new insights and perspectives especially for the antitrust authorities...
Persistent link: https://www.econbiz.de/10003911979