This paper considers a vertically separated industry with an upstream monopolist who supplies an essential input to two downstream Cournot firms. This situation is relevant to a number of sectors, including the telecommunications industry where trunk operators must have access to the local...

The problem of a monopolist firm that supplies an essential input to other firms that compete in the final downstream market is crucial in many utility industries that use a network. When downstream firms have different degrees of efficiency, then it could be feasible to charge them different...

The continuing volatility in equity markets following the global financial crisis has led the focus of the global investment community towards low volatility stocks. This pursuit of low risk investments has drawn attention of the investor community towards new, alternative investments avenues...

The budget was announced by Finance Minister P Chidambaram on 28th February 2013. There was mounting of expectations from the budget. The mix kind of feelings arrived from the budget. The SMEs, Rural India, infrastructure, textiles, power, port and defense was the focused area. But the reaction...