Showing 1 - 10 of 9,977
competition authorities should not forbid such vertical mergers if they seek to maximize social welfare …
Persistent link: https://www.econbiz.de/10012890074
This paper examines the impact of vertical integration on the timing of adoption of a cost-reducing technology. Combining the technology adoption and vertical relations literatures in a simple duopoly model, I compare the technology adoption patterns under different vertical structures. In...
Persistent link: https://www.econbiz.de/10012890075
This paper explores the buyer-optimal information structures in a monopolistic screening context with nonlinear production technology. It shows that the buyer's optimal surplus may increase even when the production cost becomes more uncertain or when the efficient surplus decreases. Under a...
Persistent link: https://www.econbiz.de/10012896204
This paper provides a positive and normative discussion of the role of competition law – and competition authorities … analysis of recent EU and American case law with a simple economic model of multi-agency regulation and its effects on … competition law a much greater role than my model would suggest is wise …
Persistent link: https://www.econbiz.de/10013067899
strive for framework conditions that enable or even better facilitate innovation as well as dynamic competition. Ultimately …
Persistent link: https://www.econbiz.de/10011778592
We study how the migration from an old to a new technology is affected by the access price to the old technology. We show that both the incumbent and the regulator are willing to set a very high access price to accelerate consumers' migration to the new technology. When the quality of the old...
Persistent link: https://www.econbiz.de/10013086783
legacy network pushes the entrant firm to invest more, but has an ambiguous effect on the incumbent's investments, due to two … are subject to ex-ante access regulation, we also find that the two access charges are positively correlated …
Persistent link: https://www.econbiz.de/10013067624
This paper investigates the relationship between technical progress, competition, and the impact on consumer's surplus …
Persistent link: https://www.econbiz.de/10014191139
literature on the Porter Hypothesis, which posits a positive relationship between environmental regulation and "green" TFP growth … and enforcement. Our key findings are: (1) prudential regulation limits expansion of plants with high initial pollution …; (2) regulation, however, is not conducive to plants' "green" technical change, which provides evidence against the recast …
Persistent link: https://www.econbiz.de/10011906240
relationship between regulation - both through competition policy and patent law - and innovation, and the corresponding …This essay is the introduction to a forthcoming volume entitled, Regulating Innovation: Competition Policy and Patent … competition policy and intellectual property regimes, can have profoundly positive or negative consequences for economic growth …
Persistent link: https://www.econbiz.de/10014046279