This paper investigates how the tying of complementary products can be used to preserve and extend monopoly positions …. We first show how a firm that is a monopolist of a product in the current period can use tying to preserve its monopoly … monopoly position into a newly emerging market. The analysis focuses on the importance of entry costs and network externalities …

absolute margin. We derive these results in both a monopoly model and a variety of different competitive models. We conclude …

Previous work has claimed that monopoly power facilitates the provision of credit, since monopolists are better able to … creditworthiness, monopoly power may reduce credit provision because hold up problems ex post will deter borrowers from investing in … establishing creditworthiness. Empirically, we examine the relationship between monopoly power and credit provision, using data on …

This paper develops a general theory of aggregation in inefficient economies. We provide non-parametric formulas for …%, increasing the economy-wide cost of monopoly distortions by two orders of magnitude compared to the famous 0.1% estimate by …

foreign monopoly firm by presenting a generalization of the offer curve. The paper demonstrates the existence of a partial … consequences: when trading with a foreign monopoly firm a nation implementing such a policy will achieve only its autarky level of …