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The literature on exchanges of information has ignored firms' entry decisions. Yet, the Federal Trade Commission recently expressed concerns that exchanges of information in business-to-business electronic platforms would adversely impact entry and, thus, consumers. When entry decisions are...
Persistent link: https://www.econbiz.de/10005531021
The literature on exchanges of information has ignored firms' entry decisions. Yet, the Federal Trade Commission recently expressed concerns that exchanges of information in business-to-business electronic platforms would adversely impact entry and, thus, consumers. When entry decisions are...
Persistent link: https://www.econbiz.de/10005542857
Persistent link: https://www.econbiz.de/10005816339
We empirically analyze exchanges of cost information in a multimarket oligopoly model for the airline industry with entry and incomplete information on marginal costs. We develop an algorithm to solve the Nash equilibrium numerically. We estimate the structural model of supply decisions using...
Persistent link: https://www.econbiz.de/10005133395
We define a model of simultaneous entry decisions for N symmetric firms across M markets with demand synergies and incomplete information on marginal costs of production.
Persistent link: https://www.econbiz.de/10005328702
Persistent link: https://www.econbiz.de/10005499882
Persistent link: https://www.econbiz.de/10005499233
<Para ID="Par1">During 2013–2014, the Antitrust Division of the U.S. Department of Justice brought a wide range of matters to successful conclusions. The three matters that are discussed below demonstrate the diverse set of issues that the division examines every year. Copyright Springer Science+Business...</para>
Persistent link: https://www.econbiz.de/10011154755
With the clamor rising over airport delays and with both the Congress and the Administration considering remedies, this paper advocates the use of market mechanisms, specifically slot auctions, to promote efficient usage of airport capacity, reduce airport delays, and, more generally, promote...
Persistent link: https://www.econbiz.de/10008542250
With the clamor rising over airport delays and with both the Congress and the Administration considering remedies, this paper advocates the use of market mechanisms, specifically slot auctions, to promote efficient usage of airport capacity, reduce airport delays, and, more generally, promote...
Persistent link: https://www.econbiz.de/10008542295