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relative to A. Hence, absent strong antitrust or intellectual property protections, the A firm can leverage its monopoly into B … substitute for Netscape; in our model, this maximizes Microsoft's joint monopoly profits. Furthermore, Microsoft has no incentive … complementary products, which suggests that a monopoly internet service provider will offer net neutrality.There are other means for …
Persistent link: https://www.econbiz.de/10012732764
monopoly position in one market via tying even when it does not have market power in another market. This is shown on a model …
Persistent link: https://www.econbiz.de/10012735813
monopoly model. Yet, it is worth wondering why the most cited paper on this issue is nowadays Spengler (1950) which contains …
Persistent link: https://www.econbiz.de/10012801572
We analyze a Cournot duopoly market with differentiated goods and the separation between ownership and control. We consider a delegation game, for which the owner of a firm hires a manager who acts as if the good has a lower degree of substitutability than it really has. This is so either...
Persistent link: https://www.econbiz.de/10012595219
processes damaging workers' health and the local environment where workers live). Under monopoly, it is shown that network …
Persistent link: https://www.econbiz.de/10011845542
to charge the monopoly price. This paper compares a Demsetz auction, which awards an exclusive contract to the agent …
Persistent link: https://www.econbiz.de/10011612861
This paper analyzes decisions on (in)compatibility and product design of two competing hardware suppliers in the presence of network effects. We show that they either establish compatibility and differentiate their variants strongly or maintain incompatibility and locate their variants at the...
Persistent link: https://www.econbiz.de/10010305070
This paper shows that the introduction of a minimum quality standard can have repercussions on market structure, opening the possibility of predatory behaviour. The predatory equilibrium exists independently of whether or not adjustment costs are present. Moreover, whenever predation is an...
Persistent link: https://www.econbiz.de/10011608549
In this paper, we tackle the dilemma of pruning versus proliferation in a vertically differentiated oligopoly under the assumption that some firms collude and control both the range of variants for sale and their corresponding prices, likewise a multiproduct firm. We analyse whether pruning...
Persistent link: https://www.econbiz.de/10011451580
We prove that a sufficient condition for the core existence in a n-firm vertically differentiated market is that the qualities of firms' products are equally-spaced along the quality spectrum. This result contributes to see that a fully collusive agreement among firms in such markets is more...
Persistent link: https://www.econbiz.de/10012837016