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The so-called excess-entry theorem (Mankiw and Whinston 1986, Suzumura and Kiyono, 1987) establishes conditions guaranteeing that more firms enter a homogeneous Cournotoligopoly in equilibrium than a benevolent government prefers. We generalise the approach and analyse the behaviour of a...
Persistent link: https://www.econbiz.de/10013257050
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his book reviews recent progress in the theory of oligopoly and market leadership and provides new results on the … theory of Stackelberg competition and Nash competition with strategic investment under endogenous entry. These theories are …
Persistent link: https://www.econbiz.de/10003400472
The relevant competitors in regard to innovation might, but not necessarily do, correspond to the identified competitors on actual product markets. Hence, the conventional analysis of product markets, in order to assess the potential anticompetitive effects of mergers, is insufficient to capture...
Persistent link: https://www.econbiz.de/10010229899
Mergers and acquisitions shape industry competition. Effective merger remedies are important for market efficiency and consumer welfare. This paper explores the need for more flexible remedies to address changing markets after mergers. While the EU permits some flexibility with less restrictive...
Persistent link: https://www.econbiz.de/10014376055
The relevant competitors in regard to innovation might, but not necessarily do, correspond to the identified competitors on actual product markets. Hence, the conventional analysis of product markets, in order to assess the potential anticompetitive effects of mergers, is insufficient to capture...
Persistent link: https://www.econbiz.de/10014149809
This book reviews recent progress in the theory of oligopoly and market leadership and provides new results on the … theory of Stackelberg competition and Nash competition with strategic investment under endogenous entry. These theories are …This book reviews recent progress in the theory of oligopoly and market leadership and provides new results on the …
Persistent link: https://www.econbiz.de/10013520714
Competition law is a pillar of a market economy and determines the quality of economic life. This paper explores the origin and development of competition law in Kosovo. It deals with constitutional developments. It attempts to explore how Kosovo's Constitution expresses crucial provisions...
Persistent link: https://www.econbiz.de/10010532425
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Persistent link: https://www.econbiz.de/10000137523