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Persistent link: https://www.econbiz.de/10000910593
This paper develops a multi-agent dynamic model of the commercial aircraft industry and then uses that model to analyze industry pricing, industry performance, and optimal industry policy. In the model, firms are differentiated in their products and cost structure, and entry, exit, prices, and...
Persistent link: https://www.econbiz.de/10013218087
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Persistent link: https://www.econbiz.de/10001473104
Governments rescue private companies partly to prevent other firms from gaining excessive market power. However, if failing firms exit, new entry may limit remaining firms' market power if there are potential entrants who can be as effective competitors as the firms leaving the market. We...
Persistent link: https://www.econbiz.de/10013131956
effectiveness, and how the quintessential features of blockchain reshape industrial organization and the landscape of competition … competition, yet the irreducible distribution of information during consensus generation may encourage greater collusion. In …
Persistent link: https://www.econbiz.de/10012925288
In this paper we review issues relating to antitrust and competition in health care markets. The paper begins with a … ways that might affect the optimality of competition. The paper then focuses on the main areas in which antitrust has been …
Persistent link: https://www.econbiz.de/10013224318
Competition in many important industries centers on investment in intellectual property. Firms engage in dynamic …, Schumpeterian competition for the market, through sequential winner-take-all races to produce drastic innovations, rather than … through static price/output competition in the market. Sound antitrust economic analysis of such industries requires explicit …
Persistent link: https://www.econbiz.de/10013248676