A principal, who wants prices to be as lowas possible, contracts with agents who would like to charge the monopoly … the particular duopoly game played ex post. We apply this condition to three canonical examples -- procurement, royalty … contracts and dealerships -- and find that whenever marginal revenue for the final good is decreasing in the quantity sold, the …

advantage of the monopoly rents of some railways in order to finance new parts of the network. These ideas are mainly establish …

floor, however, a Demsetz auction is worse than no regulation at all of the bottleneck monopoly. Our results apply beyond …

floor, however, a Demsetz auction is worse than no regulation at all of the bottleneck monopoly. Our results apply beyond …

capacities can be larger or smaller with a duopoly than with a monopoly. If the two firms co-ordinate on a pareto dominant …