We analyze the behavior of a multiproduct monopolist, a duopolist and consumers who are able to learn by copying. We … show that when the effect of learning by copying is strong and the cost of copying is low enough, consumers decide to copy … adverse consequences, because they hinder the use of original information goods and provide consumers with an incentive for …

Despite the mixed empirical evidence, many economists stillhold to the view that Internet will promote competition … view. We analyzethemarket for a homogeneous good where some consumers are fully informedwhile others are not. Depending on … these equilibria. For example, a reduction insearch cost may raise equilibrium prices when consumers' searchintensity is low …

unit-price commitment. When unit-price commitment is present, both fixed fees and unit prices are set before consumers … choose their exclusive suppliers. In the absence of unit-price commitment, consumers choose exclusive suppliers based on …

hurting intellectual property and consumers. Is this appropriate, effective and efficient? Purpose of the article: The primary … states to this overlap of the competition and intellectual property regimes. The third purpose is to assess the feasibility … concept of parasitic commercial practices. The set trio of purposes leads to a conclusion that this overlap of competition and …

behavior, (ii) consumers' surplus and social welfare, and (iii) the incentives of firms to innovate, in a setting where patent … consumers' surplus and possibly total welfare as well …

We study the entrance in a retail market of consumers who are less elastic because of hurriedness and lack of … competition increases. High frequency data from Italian pharmacies confirm these predictions. Monthly variation in the number of … of hygiene products demanded by more experienced and elastic consumers as well. We estimate that the number of newborns …