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The limited liability effect : Implications for anticompetitive horizontal mergers

Franck, Bernard; Le Pape, Nicolas - In: Journal of Public Economic Theory 22 (2020) 6, pp. 2082-2102

Persistent link: https://www.econbiz.de/10012283051

The commitment value of the debt: A reappraisal

Franck, Bernard; Le Pape, Nicolas - In: International Journal of Industrial Organization 26 (2008) 2, pp. 607-615

We analyze the strategic use of the debt in a duopoly model of Cournot competition. We consider a two stage model where debt acts as a commitment variable and we characterize subgame perfect equilibria. We differ from several models based on the strategic value of the debt such as Wanzenried...

Persistent link: https://www.econbiz.de/10005500197

Ouverture à la concurrence et obligations de service universel

Franck, Bernard; Le Pape, Nicolas; Ouattara, Sylvain … - In: Revue d'économie industrielle 147 (2014) 3, pp. 87-109

Persistent link: https://www.econbiz.de/10010425501

The commitment value of the debt : a reappraisal

Franck, Bernard; Le Pape, Nicolas - In: International journal of industrial organization 26 (2008) 2, pp. 607-615

Persistent link: https://www.econbiz.de/10003724171

The commitment value of the debt: A reappraisal

Franck, Bernard; Le Pape, Nicolas - In: International journal of industrial organization 26 (2008) 2, pp. 607-615

Persistent link: https://www.econbiz.de/10007913664