Similar Search Results

Delays in leniency application : is there really a race to the enforcer’s door?

Gärtner, Dennis; Zhou, Jun - 2012 - First version June 2012, Revised November 2012

common beliefs and the existing literature, that conspirators often apply for leniency long after a cartel collapses. We …

Persistent link: https://www.econbiz.de/10009685867

Cartel duration and endogenous private monitoring and communication : an instrumental variables approach

Zhou, Jun - 2012

. Estimating the impact of such collusive practices" - known as the 'lysine strategy profile (LSP)" - on cartel duration is … related to cartel duration. After correction for selectivity in the decision to use the LSP, statistical tests are consistent … with a theoretic prediction that the LSP increases cartel duration. …

Persistent link: https://www.econbiz.de/10009571067

Does a platform monopolist want competition?

Niedermayer, Andreas - 2015

We consider a software vendor first selling a monopoly platform and then an application running on this platform. He may face competition by an entrant in the applications market. The platform monopolist can benefit from competition for three reasons. First, his profits from the platform...

Persistent link: https://www.econbiz.de/10011345756

Merger policy in a quantitative model of international trade

Breinlich, Holger; Nocke, Volker; Schutz, Nicolas - 2015

In a two-country international trade model with oligopolistic competition, we study the conditions on market structure and trade costs under which a merger policy designed to benefit domestic consumers is too tough or too lenient from the viewpoint of the foreign country. Calibrating the model...

Persistent link: https://www.econbiz.de/10011345771

Two-sided markets with pecuniary and participation externalities

Schmidtke, Richard - 2006

The existing literature on two-sided markets addresses participation externalities, but so far it has neglected pecuniary externalities between competing platforms. In this paper we build a model that incorporates both externalities. In our setup differentiated platforms compete in advertising...

Persistent link: https://www.econbiz.de/10010365882

Indirect taxation in vertical oligopoly

Peitz, Martin; Reisinger, Markus - 2009

This paper analyzes the effects of specific and ad valorem taxation in an industry with downstream and upstream oligopoly. We find that in the short run, i.e. when the number of firms in both markets is exogenous, the results concerning tax incidence tend to be qualitatively similar to models...

Persistent link: https://www.econbiz.de/10003848837

Product durability in markets with consumer lock-in

Langenberg, Tobias - 2009

This paper examines a two-period duopoly where consumers are locked-in by switching costs that they face in the second period. The paper's main focus is on the question of how the consumer lock-in affects the firms' choice of product durability. We show that firms may face a prisoners' dilemma...

Persistent link: https://www.econbiz.de/10003909270

On the use of information in repeated insurance markets

Kesternich, Iris; Schumacher, Heiner - 2009

We analyze the use of information in a repeated oligopolistic insurance market. To sustain collusion, insurance companies might refrain from changing their pricing schedules even if new information about risks becomes available. We therefore provide an explanation for the existence of "unused...

Persistent link: https://www.econbiz.de/10003909273

Signaling in auctions among competitors

Scarpatetti, Benedikt von; Wasser, Cédric - 2010

We consider a model of oligopolistic firms that have private information about their cost structure. Prior to competing in the market a competitive advantage, i.e., a cost reducing technology, is allocated to a subset of the firms by means of a multi-object auction. After the auction either all...

Persistent link: https://www.econbiz.de/10003935653

Group lending versus individual lending in microfinance

Lehner, Maria - 2009

Microfinance is typically associated with joint liability of group members. However, a large part of microfinance institutions rather offers individual instead of group loans. We analyze the incentive mechanisms in both individual and group contracts. Moreover, we show that microfinance...

Persistent link: https://www.econbiz.de/10003935668