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countervailing power, via an increase in downstream concentration, depends on the competition regime between airlines and whether … prohibited, as an EU directive intends, from charging differential prices to airlines? Our major findings are (a) an increase in … airports can price discriminate: airline concentration reduces the landing fee when downstream competition is in quantities …
Persistent link: https://www.econbiz.de/10013068916
The literature on the licensing of an innovation has mainly focused on some specific contract types. We show within the framework of a fairly general model that removing these contractual limitations will lead to extreme market outcomes. Specifically, we find that when the patentee can employ...
Persistent link: https://www.econbiz.de/10010342889
While competition between firms producing substitutes is well understood, less is known about rivalry between … to raise prices, even if all browser competition exits. This may seem surprising since it runs counter to the traditional …
Persistent link: https://www.econbiz.de/10012732764
constraints, the resulting industrial organization is called Bertrand competition …
Persistent link: https://www.econbiz.de/10012954856
The present paper is concerned with providing a core model to address the issue of firms simultaneously competing in both prices and quantities (capacity levels) within a simple duopoly market setting where products are asymmetrically differentiated by endogenous quality location. A three-stage...
Persistent link: https://www.econbiz.de/10012896357
We study the collusive efficacy of competition clauses (CC) such as the meeting competition clause (MCC) and the … beating competition clauses (BCC) in a general framework. In contrast to previous theoretical studies, we allow for repeated …
Persistent link: https://www.econbiz.de/10012546930
We study the collusive efficacy of competition clauses (CC) such as the meeting competition clause (MCC) and the … beating competition clauses (BCC) in a general framework. In contrast to previous theoretical studies, we allow for repeated …
Persistent link: https://www.econbiz.de/10013223424
Undergraduate economic students usually learn different models of duopoly competition: Cournot, Bertrand, Cournot …
Persistent link: https://www.econbiz.de/10014212660
This paper extends the traditional Hotelling's model of spatial competition by allowing firms to choose the degree of … price competition. In equilibrium, firms behave as 'specialist' by choosing high transportation cost coefficients. This …
Persistent link: https://www.econbiz.de/10014028051
features, and network structure, using a detailed and realistic theoretical model of competing duopoly airlines. These impacts …
Persistent link: https://www.econbiz.de/10010271852