Showing 1 - 10 of 3,282
some circumstances, anti-competitive consequences can be observed under acquisition. …
Persistent link: https://www.econbiz.de/10011734298
After describing the essential features of the book market, a welfare analysis of the fixed book price agreement is … market is one of imperfect competition, but even so the cross-subsidy argument is unlikely to be valid. A qualitative …
Persistent link: https://www.econbiz.de/10011507914
After describing the essential features of the book market, a welfare analysis of the fixed book price agreement is … market is one of imperfect competition, but even so the cross-subsidy argument is unlikely to be valid. A qualitative …
Persistent link: https://www.econbiz.de/10013319915
This paper shows that the issues in the recent discussion over the 'home-market effects' are more complicated than … previously thought. It is shown that, in general, market size matters for industrial structure even when both the homogeneous and … the differentiated goods face transport costs. The home-market effect for production structure can arise, disappear, or …
Persistent link: https://www.econbiz.de/10014067335
We study an experimental market in which the structure of the information flows is endogenized. When making an offer … inform only one other trader about each offer, the resulting institution is equivalent to a decentralized bargaining market … typically informed all traders of the other market side, but none of their own side. This endogenously evolving institution …
Persistent link: https://www.econbiz.de/10014208844
combined with narratives can be applied to problems of strategy in large technical systems. I first argue that the salient …
Persistent link: https://www.econbiz.de/10012511283
market access to poorer groups. -- Pharmaceuticals ; Income Based Subsidies ; Parallel Imports ; Market Access …
Persistent link: https://www.econbiz.de/10003784962
In the context of an infinitely repeated capacity-constrained price game, we endogenize the composition of a cartel when firms are heterogeneous in their capacities. When firms are sufficiently patient, there exists a stable cartel involving the largest firms. A firm with sufficiently small...
Persistent link: https://www.econbiz.de/10003777818
This paper considers an environment where two principals sequentially contract with a common agent and studies the exchange of information between the two bilateral relationships. We show that when (a) the upstream principal is not personally interested in the decisions taken by the downstream...
Persistent link: https://www.econbiz.de/10003779206
This paper studies the exchange of information between two principals who contract sequentially with the same agent, as in the case of a buyer who purchases from multiple sellers. We show that when (a) the upstream principal is not personally interested in the downstream level of trade, (b) the...
Persistent link: https://www.econbiz.de/10003780324