Showing 1 - 10 of 3,455
This paper presents an empirical analysis of the relationship between patenting, innovation, and federal antitrust enforcement towards firms in the manufacturing sector. I examine whether the likelihood of antitrust litigation is influenced by patent histories and R&D expenditures, after...
Persistent link: https://www.econbiz.de/10012471728
The macroeconomic data of the last thirty years has overturned at least two of Kaldor's famous stylized growth facts: constant interest rates, and a constant labor share. At the same time, the research of Piketty and others has introduced several new and surprising facts: an increase in the...
Persistent link: https://www.econbiz.de/10012453427
benefit management on behalf of insurance plans serves these and other purposes in both monopoly and oligopoly provider …
Persistent link: https://www.econbiz.de/10013334448
aftermarkets? In this paper we explore a number of models characterized by either competition or monopoly in the new-unit market …
Persistent link: https://www.econbiz.de/10012470643
Without the rule of law, traders who incur trading costs can be held up by counter-parties who are stronger in anarchic bargaining. The favourable terms which the latter extract can overcrowd that side of the market, dissipating the benefits. We establish plausible necessary and sufficient...
Persistent link: https://www.econbiz.de/10012471059
programs inducing retirement? I suggest not, by formalizing the monopoly unionism model and showing how labor's interest in … objectives of the monopoly union. And, unless the old have a disproportionate influence within the union, union interests cannot …
Persistent link: https://www.econbiz.de/10012471087
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 …
Persistent link: https://www.econbiz.de/10012471980
We examine the incentives for a government to levy an optimal tariff on a foreign monopolist. With complete information, the home government uses tariffs to extract rents and therefore implements a policy of discriminatory tariffs entailing higher tariffs on more efficient firms. By contrast if...
Persistent link: https://www.econbiz.de/10012472724
a natural monopoly market. We emphasize that subsidy competition between governments can serve to coordinate the entry …
Persistent link: https://www.econbiz.de/10012473274
In this paper we examine how to account for growth when new inputs are being created. In particular, we obtain a decomposition of growth into that due to a higher quantity of existing inputs, and that due to a greater range of inputs. This decomposition is first obtained for a single firm, with...
Persistent link: https://www.econbiz.de/10012474859