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We study the pricing policy equilibria emerging in a partial collusion duopolistic framework where firms in the first stage of the game choose non-cooperatively whether to price discriminate or not, and from the second stage onward collude on prices.When the discount factor is particularly high...
Persistent link: https://www.econbiz.de/10008587699
Italian Abstract: L'articolo si basa sugli atti di una commissione d'inchiesta parlamentare italiana del 1962 sulla concorrenza, per esaminare l'attuale situazione italiana e le prospettive di riforma. L'autore si concentra in particolare sulla testimonianza di Giovanni Demaria. Il testo del...
Persistent link: https://www.econbiz.de/10012924964
Italian Abstract: L'articolo si basa sugli atti di una commissione d'inchiesta parlamentare italiana del 1962 sulla concorrenza, per esaminare l'attuale situazione italiana e le prospettive di riforma. L'autore si concentra in particolare sulla testimonianza di Giovanni Demaria. Il testo del...
Persistent link: https://www.econbiz.de/10012924984
Italian Abstract: Il testo commenta il lavoro di Montanaro e Tonveronachi (2017) in particolare riguardo gli aspetti legati alla tutela della concorrenza nel settore bancario italiano. Montanaro e Tonveronachi sembrano attribuire i problemi da loro riscontrati nel settore, tra le altre cause,...
Persistent link: https://www.econbiz.de/10012914149
Italian Abstract: L'autore traccia una linea divisoria tra il concetto di "riforme strutturali" in Sylos Labini e l'approccio attuale, focalizzandosi sulla diversa connotazione dei "vincoli" e su tre concetti chiave: solidarietà, relazione stato-mercato e potere. Testo del discorso tenuto alla...
Persistent link: https://www.econbiz.de/10014115402
Coordination failures are very important in imperfect markets, because of related concept of multiple equilibria. This article attempts to explore this topic using tools to overcome the limitations of traditional analytical apparatus, which imposes stringent conditions about functions and...
Persistent link: https://www.econbiz.de/10008616909
The paper discusses the economic problem and the institutional features underlying the Nimby syndrome, and illustrates preliminary empirical evidence for Italy. It argues that siting procedures taking local preferences into account should be preferred when the heterogeneity in preferences across...
Persistent link: https://www.econbiz.de/10009020154
The recent economic and financial crisis has drawn attention to how mutual guarantee institutions (MGIs) facilitate small and medium enterprises in accessing bank financing. The aim of this paper is twofold. First, we describe the structural features of the Italian market for mutual guarantees...
Persistent link: https://www.econbiz.de/10009350681
The aim of this paper is to review the main features of the new theory of public utilities regulation, theoretically assuming asymmetric information. The results considered imply a departure from first best outcomes and give way to a strategic interaction between firm and regulator. The role of...
Persistent link: https://www.econbiz.de/10009649884