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This paper studies the welfare consequences of a vertical merger that raises rivals' costs when downstream competition … is à la Cournot between firms with constant asymmetric marginal costs. The main result is that such a vertical merger can …, that this result extends to price competition with differentiated products. …
Persistent link: https://www.econbiz.de/10001678164
This paper develops a fairly general model of platform competition in media markets allowing viewers to use multiple … platforms. This leads to a new form of competition between platforms, in which they do not steal viewers from each other, but … competition "either or both." A central result is that platform ownership does not affect advertising levels, despite nontrivial …
Persistent link: https://www.econbiz.de/10010339953
How does demand uncertainty affect entry into skill-based competition? I investigate this question in a market entry …
Persistent link: https://www.econbiz.de/10010338933
This paper evaluates the impact of reference pricing on prices and co-payments in the (German) market for off-patent pharmaceuticals. We present a theoretical model with price-sensitive and loyal consumers that shows that a decrease in the reference price affects the consumers' co-payments in a...
Persistent link: https://www.econbiz.de/10010489291
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regulation in Portugal / João Castro and Agostinho Franco -- 4. Competition through downstream access in the UK postal sector … of postal services / Philippe De Donder ... [et al.] -- 11. Postal price elasticities and intermedia competition : a … processing operations / A. Thomas Bozzo -- 16. Do differences in facility-specific mail processing unit costs have implications …
Persistent link: https://www.econbiz.de/10011851656
Persistent link: https://www.econbiz.de/10000819378
Persistent link: https://www.econbiz.de/10002773287
The literature on the licensing of an innovation has mainly focused on some specific contract types. We show within the framework of a fairly general model that removing these contractual limitations will lead to extreme market outcomes. Specifically, we find that when the patentee can employ...
Persistent link: https://www.econbiz.de/10010342889
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