Showing 1 - 10 of 153
We consider strategic trade policy when two firms from two different countries that start out with different production costs compete in prices in a third country, and technology transfer between the two firms is possible through technology licensing. We find that optimal policy when technology...
Persistent link: https://www.econbiz.de/10011208934
In this paper we investigate whether markets with heterogeneous network externalities can belocked-in by old technologies even if superior technologies are available. Heterogeneous networkexternalities are present when some consumers care more about the size of the market share of agood than...
Persistent link: https://www.econbiz.de/10011255699
In this paper we investigate whether markets with heterogeneous network externalities can be locked-in by old technologies even if superior technologies are available. Heterogeneous network externalities are present when some consumers care more about the size of the market share of a good than...
Persistent link: https://www.econbiz.de/10005144403
This paper examines the endogenous choice problem of each firm's price or quantity contract in a mixed duopoly composed of one social welfare maximizing public firm and one relative profit-maximizing private firm. In this paper, we show that unless the degree of product differentiation and the...
Persistent link: https://www.econbiz.de/10011116961
regulator ignores the stochastic nature of demand, regulation lowers welfare for a large range of parameters, that is for …
Persistent link: https://www.econbiz.de/10011257539
We examine interaction between trade in goods and market power in domestic trade and distribution, developing a model that highlights this interaction. Theory points to an expected linkage between service sector competition and goods trade, one supported by econometrics involving import patterns...
Persistent link: https://www.econbiz.de/10011255600
illegal gains, as often outlined in existing antitrust regulation, and detection probabilities depend on the degree of … disentangles the effects of traditional antitrust regulation, leniency, and cartel strategies. Without rewards to the strictly …-first reporter, leniency cannot reduce maximal cartel prices below those under traditional regulation. Moreover, in order to avoid …
Persistent link: https://www.econbiz.de/10011256040
We examine antitrust rules in a two county general equilibrium trade model, contrasting national and multilateral (cooperative) determination of competition policy, exploring the properties of the policy equilibrium. It is not imperfect competition, but variation in competitive stance between...
Persistent link: https://www.econbiz.de/10011256234
We examine antitrust rules in a two county general equilibrium trade model, contrasting national and multilateral (cooperative) determination of competition policy, exploring the properties of the policy equilibrium. It is not imperfect competition, but variation in competitive stance between...
Persistent link: https://www.econbiz.de/10005209480
illegal gains, as often outlined in existing antitrust regulation, and detection probabilities depend on the degree of … disentangles the effects of traditional antitrust regulation, leniency, and cartel strategies. Without rewards to the strictly …-first reporter, leniency cannot reduce maximal cartel prices below those under traditional regulation. Moreover, in order to avoid …
Persistent link: https://www.econbiz.de/10008531430