Showing 1 - 10 of 2,108
Patent settlements between rivals restrain competition in many different ways. Antitrust requires that their …
Persistent link: https://www.econbiz.de/10013234420
offers especially when many consumers prefer comparable offers. This occurs after initial periods with strong competition and … leads to lower welfare for all consumers. In treatments where firms cannot monitor the competition, firms end up having to …. They are faced with artificial demand from consumers who make mistakes when assessing the net value of products on the …
Persistent link: https://www.econbiz.de/10010433911
This is a survey of the economic principles that underlie antitrust law and how those principles relate to competition … policy. We address four core subject areas: market power, collusion, mergers between competitors, and monopolization. In each …
Persistent link: https://www.econbiz.de/10014023495
oligopolistic tacit collusion as such, but that reputes abusive a set of tactics adopted by tacitly colluding oligopolists exposed … to disruption. As much as deviation is an internal force likely to undermine tacit collusion, disruption is a powerful … pro-competitive promises if oligopolists tinker to restore a collusive equilibrium. This paper suggests that competition …
Persistent link: https://www.econbiz.de/10012856167
empirical methods used in the detection of cartels. -- Collusion ; Cartel Detection ; Cartel Formation ; Differential Evolution …
Persistent link: https://www.econbiz.de/10003950512
This paper develops a model of successive oligopolies with endogenous market entry, allowing for varying degrees of product differentiation and entry costs in both markets. Our analysis shows that the downstream conditions dominate the overall profitability of the two-tier structure while the...
Persistent link: https://www.econbiz.de/10003951516
This paper develops a model of successive oligopolies with endogenous market entry, allowing for varying degrees of product differentiation and entry costs in both markets. Our analysis shows that the downstream conditions dominate the overall profitability of the two-tier structure while the...
Persistent link: https://www.econbiz.de/10010365845
both price and quantity competition, and the main features are broadly consistent with common cartel practice identified by …
Persistent link: https://www.econbiz.de/10011263582
This paper develops a model of successive oligopolies with endogenous market entry, allowing for varying degrees of product differentiation and entry costs in both markets. Our analysis shows that the downstream conditions dominate the overall profitability of the two-tier structure while the...
Persistent link: https://www.econbiz.de/10014218980
We present a simple algorithm for computing an intuitive notion of MPE for finite state dynamic games with asymmetric information. The algorithm does not require: storage and updating of posterior distributions, explicit integration over possible future states to determine continuation values,...
Persistent link: https://www.econbiz.de/10014070473