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monopolistic conditions in the downstream market. The well-known result of the upstream supplier’s pricing policy being invariant …
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Team production is a frequent feature of modern organizations. Combined with team incentives, team production can … create externalities among workers, since their utility upon accepting a contract depends on their team's performance and … therefore on their colleagues' productivity. We study the effects of such externalities in a competitive labor market if workers …
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derive expressions for prices and production quantities as functions of the number of entrants at each tier of a multitier …
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improvement by the rival, strategic pricing leads the dominant firm to support compatibility even if it could exclude its rivals …
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We investigate the incentives for vertical or horizontal integration in the financial security service industry, consisting of trading, clearing and settlement. We thereby focus on firms' decisions but also look on the implications of these decisions on competition and welfare. Our analysis...
Persistent link: https://www.econbiz.de/10010303707