Similar Search Results

Buehler, Stefan; Schmutzler, Armin - 2003

We examine cost-reducing investment in vertically-related oligopolies, where firms may be vertically integrated or separated. Analyzing a standard linear Cournot model, we show that: (i) Integrated firms invest more than separated competitors. (ii) Vertical integration increases own investment...

Persistent link: https://www.econbiz.de/10010315492

Asymmetric vertical integration

Buehler, Stefan; Schmutzler, Armin - 2004

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

Acquisitions versus entry: The evolution of concentration

Aydemir, Zava; Schmutzler, Armin - 2002

noninvesting firms. In each period, one investor can acquire a small firm, the other investor decides about market entry. After …

Persistent link: https://www.econbiz.de/10010315536

Entry, exit, and the determinants of market structure

Dunne, Timothy; Klimek, Shawn D.; Roberts, Mark J.; Xu, … - 2013

This paper estimates a dynamic, structural model of entry and exit in an oligopolistic industry and uses it to quantify …. Entry costs faced by potential entrants, fixed costs faced by incumbent producers, and the toughness of short-run price … the dentist industry allow the entry cost to differ for geographic markets that were designated as Health Professional …

Persistent link: https://www.econbiz.de/10010397677

Per Unit and Ad Valorem Royalties in a Patent Licensing Game

Montinaro, Marta; Pal, Rupayan; Scimitore, Marcella - 2020

In a context of product innovation, we study two-part tariff licensing between a patentee and a potential rival which compete in a differentiated product market characterized by network externalities. The latter are shown to crucially affect the relative profitability of Cournot vs. Bertrand...

Persistent link: https://www.econbiz.de/10012419715

Competition policy and exit rates: Evidence from Switzerland

Bühler, Stefan; Kaiser, Christian; Jaeger, Franz - 2005

This paper provides evidence on the relation between the intensity of product market competition and the probability of exit. We adopt a natural experiment approach towards analyzing the impact of a tightening of Swiss antitrust legislation on exit probabilities. Based on a sample of more than...

Persistent link: https://www.econbiz.de/10010315540

Intellectual property rights in a quality-ladder model with persistent leadership

Kiedaisch, Christian - 2012

This article analyzes the effects of intellectual property rights in a qualityladder model in which incumbent firms preemptively innovate in order to keep their position of leadership. Unlike in models with leapfrogging, granting nonexpiring forward protection reduces the rate of innovation and...

Persistent link: https://www.econbiz.de/10010316839

Rent sharing and gender discrimination in collegiate athletics

Lackner, Mario; Zulehner, Christine - 2013

In this paper, we analyze the effect of market power on the share of females in top management positions using data from a market in which some firms have market power due to an institutionalized cartel. We investigate collegiate athletics and interpret coaches as top-level managers or chief...

Persistent link: https://www.econbiz.de/10010368250

The economics of television and online video markets

Crawford, Gregory S. - 2015

Television is the dominant entertainment medium for hundreds of millions. This chapter surveys the economic forces that determine the production and consumption of this content. It presents recent trends in television and online video markets, both in the US and internationally, and describes...

Persistent link: https://www.econbiz.de/10011420564

Production efficiency of firms with mergers and acquisitions in India

Saraswathy, Beena - 2015

Most often, the competition authorities approve combinations based on the tradeoff between the expected efficiency gains and the likely effect on market power creation. However, the realities may be different from the expected synergy creation since merger regulations are ex ante in nature. The...

Persistent link: https://www.econbiz.de/10011807705