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Kaplow, Louis; Shapiro, Carl - In: Handbook of law and economics : volume 2, (pp. 1073-1225). 2007

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 area, we select the most relevant portions of...

Persistent link: https://www.econbiz.de/10014023495

Paying not to sell

Bacchiega, Emanuele; Bonroy, Olivier; Mabrouk, Rania - In: Economics Letters 121 (2013) 1, pp. 137-140

In this paper we show that, in the presence of buyer and seller power, a monopolist can enter into a costly contractual relationship with a low-quality supplier with the sole intention of improving its bargaining position relative to a high-quality supplier, without ever selling the good...

Persistent link: https://www.econbiz.de/10010702777

A few remarks on monopoly and monopsony

Labini, Paolo Sylos - In: Rivista Internazionale di Scienze Sociali 123 (2013) 3-4, pp. 387-404

Sylos Labini’s essay is devoted to the analysis of price determination under condition of monopoly and monopsony. The … problem of price indeterminacy in case of bilateral monopoly (associated with monopsony) is thoroughly discussed in relation … analysis of monopoly and monopsony to dismiss the ‘Classical’ argument that a perfect wage flexibility can bring about a full …

Persistent link: https://www.econbiz.de/10010786830

Network neutrality on the Internet: A two-sided market analysis

Economides, Nicholas; Tåg, Joacim - In: Information Economics and Policy 24 (2012) 2, pp. 91-104

increases the total surplus compared to the fully private optimum at which the monopoly platform imposes positive fees on …

Persistent link: https://www.econbiz.de/10011056742

Chapter 27 Recent Developments in the Theory of Regulation

Armstrong, Mark; Sappington, David E.M. - In: Handbook of industrial organization : volume 3, (pp. 1557-1700). 2007

begins by characterizing the optimal regulation of a monopoly supplier that is better informed than the regulator about its …. Yardstick regulation, procedures for awarding monopoly franchises, and optimal industry structuring are analyzed. The chapter …

Persistent link: https://www.econbiz.de/10014024589

Bilateral delegation in wage and employment bargaining in monopoly

Chatterjee, Ishita; Saha, Bibhas - In: Economics Letters 120 (2013) 2, pp. 280-283

monopoly. Delegation causes underproduction, and the bargaining pie severely contracts rendering mutual gains from delegation …

Persistent link: https://www.econbiz.de/10010678809

Progressive managerial bonuses in a spatial Bertrand duopoly.

Bakó, Barna; Kálecz-Simon, András - In: Society and Economy 35 (2013) December, pp. 531-538

The relationship of managerial bonuses and profit maximization is interesting both from an economic and a managerial viewpoint. Our contribution to this literature is showing that progressive managerial bonuses can increase profits in a spatial Bertrand competition, and furthermore they can help...

Persistent link: https://www.econbiz.de/10010822349

Environmental taxes and strategic delegation

Bárcena-Ruiz, Juan Carlos; Garzón, María Begoña - In: Spanish Economic Review 4 (2002) 4, pp. 301-309

This paper analyzes a managerial delegation model in which the government chooses an environmental tax to control environmental damage. By giving the managers of firms an incentive scheme based on a linear combination of profit and sales revenue, we show that firm owners have to pay a higher...

Persistent link: https://www.econbiz.de/10005755511

Spatial competition and the duration of managerial incentive contracts

Bárcena-Ruiz, Juan Carlos; Casado-Izaga, F. Javier - In: Investigaciones Economicas 29 (2005) 2, pp. 331-349

We consider a duopoly model of spatial competition in which the owners of the firms can strategically use two variables: the duration of managerial incentive contracts and the location of the firms. In equilibrium, one owner chooses a long-term incentive contract for his manager (becoming a...

Persistent link: https://www.econbiz.de/10005736134

Dynamic durable goods monopoly and market power

Altan, Basak - In: Games 11 (2020) 2/22, pp. 1-14

-horizon, discrete-time game. Our goal is to identify the Markov perfect stationary equilibria where the seller can maintain his monopoly … power. We establish that the set of parameters supporting a monopoly outcome is larger when the seller offers different …

Persistent link: https://www.econbiz.de/10012431895

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