Showing 1 - 10 of 120
It is well known that communication often serves as a facilitator for cooperation in static games. Yet, communication can serve entirely different purposes in dynamic settings as communication during the game may work as a means for renegotiation, potentially undermining the credibility of...
Persistent link: https://www.econbiz.de/10013120120
mimics a reduction of switching costs and increases prices. While the effect of switching costs on prices in theory is …
Persistent link: https://www.econbiz.de/10014095430
This paper investigates price patterns of off-patent pharmaceuticals in Sweden. I show that price dynamics are … competition in which the demand for pharmaceuticals incorporates the known biases of consumers: habit persistence and brand … preferences. Using the regulated market of Swedish pharmaceuticals, I show that price dynamics may help in identifying possible …
Persistent link: https://www.econbiz.de/10014095437
We analyze changes in the willingness to substitute from prescribed pharmaceuticals to more affordable generic … dispensed pharmaceuticals, we employ a dynamic event study and an instrumental variable approach to show that an initial …
Persistent link: https://www.econbiz.de/10013330007
mimics a reduction of switching costs and increases prices. While the effect of switching costs on prices in theory is …
Persistent link: https://www.econbiz.de/10012615385
This paper examines the role of the burden of proof (BoP) in National Treatment (NT) disputes under trade agreements. In the situation under study, imports may cause environmental damage, in which case less favorable treatment of imported products may be globally desirable from an international...
Persistent link: https://www.econbiz.de/10014207637
This paper analyzes effects of stronger patent rights on R&D and innovation. It presents a model where the scope of a patent affects an entrant firm's technology choice and thereby the amount of wasteful R&D duplication. The model predicts that negative effects of duplication can be sufficiently...
Persistent link: https://www.econbiz.de/10014210132
This paper investigates the impact of financial constraints on firms' inventory holdings, an area of significant interest given that inventories are volatile over the business cycle. I use detailed data on Swedish firms' balance sheets, income statements, and credit scores. I employ a regression...
Persistent link: https://www.econbiz.de/10014354493
In this paper we construct a model in which entrepreneurial innovations are sold into oligopolistic industries and where adverse selection problems between entrepreneurs, venture capitalists and incumbents are present. We show that as exacerbated development by better-informed venture-backed...
Persistent link: https://www.econbiz.de/10012719493
. The theory presented suggests that this is consistent with technology transfer costs, which outweigh trade costs for …
Persistent link: https://www.econbiz.de/10012857478