Showing 1 - 8 of 8
linear Cournot model, we show how the merger pattern depends on the cost effects of mergers, the extent of uncertainty, and …
Persistent link: https://www.econbiz.de/10010315502
firms outsource so as to collude or to raise rivals' costs. We illustrate our analysis using a linear Cournot model. …
Persistent link: https://www.econbiz.de/10010315541
We aim to clarify the role of access charges under two-way network competition, employing a reduced-form approach. Retaining the key features of specific network competition models but imposing less structure, we analyze the impact of changes in access charges on linear and non-linear retail...
Persistent link: https://www.econbiz.de/10010315579
separated. Analyzing a standard linear Cournot model, we show that: (i) Integrated firms invest more than separated competitors … Cournot example, and we discuss policy implications. …
Persistent link: https://www.econbiz.de/10010315492
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/10010315497
This paper examines the consequences of introducing mobile number portability (MNP). As MNP allows consumers to keep their telephone number when switching providers, it reduces consumers' switching costs. However, MNP may also cause consumer ignorance if telephone numbers no longer identify...
Persistent link: https://www.econbiz.de/10010315528
We examine vertical backward integration in a reducedform model of successive oligopolies. Our key findings are: (i) There may be asymmetric equilibria where some firms integrate and others remain separated, even if firms are symmetric initially; (ii) Efficient firms are more likely to integrate...
Persistent link: https://www.econbiz.de/10010315532
We investigate how various institutional settings affect a network provider's incentives to invest in infrastructure quality. Under reasonable assumptions on demand, investment incentives turn out to be smaller under vertical separation than under vertical integration, though we also provide...
Persistent link: https://www.econbiz.de/10010315603