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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
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
A principal, who wants prices to be as lowas possible, contracts with agents who would like to charge the monopoly …
Persistent link: https://www.econbiz.de/10014118913
Although Cournot's mathematical economics was generally neglected until the mid- 1870s, he was taken up and carefully studied by the Scientific Club of Cambridge, Massachusetts even before his "discovery" by Walras and Jevons. The episode is reconstructed from fragmentary manuscripts of the...
Persistent link: https://www.econbiz.de/10011707594
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
the market) increases total industry surplus compared to the fully private optimum at which the monopoly platform imposes …
Persistent link: https://www.econbiz.de/10010320106
We analyze the impact of product bundling in experimental markets. One firm has monopoly power in a first market but …
Persistent link: https://www.econbiz.de/10010204789
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
local environment where workers live). Under monopoly, it is shown that, on the one hand, network effects tend to increase …
Persistent link: https://www.econbiz.de/10012643135