Showing 1 - 10 of 11
entrant deviates from collusion, the incumbent can strengthen punishment suing the competitor for patent infringement …
Persistent link: https://www.econbiz.de/10011796722
Judging by only economic incentives, Malaysian financial institutions (particularly banks) should completely ignore the Competition Act. The data show that Malaysian banks probably benefit from anticompetitive behaviour. Political and family connections likely facilitate such behaviour. Given...
Persistent link: https://www.econbiz.de/10010480916
The West African Economic and Monetary Union (UEMOA) was established by France to counteract the dominance of Anglophone countries in West Africa, particularly Nigeria and Ghana, over Francophone West Africa. Francophonie in French West Africa is mainly driven by a power elite, the 'Pré...
Persistent link: https://www.econbiz.de/10014637404
L'Union économique et monétaire ouest-africaine (UEMOA) a été créée par la France pour contrer la domination des pays anglophones d'Afrique de l'Ouest, en particulier le Nigeria et le Ghana, sur l'Afrique de l'Ouest francophone. La francophonie en Afrique occidentale française est...
Persistent link: https://www.econbiz.de/10014637406
Francophone Africa has been dominated to date by the political, economic and cultural repercussions of France’s colonial rule. A major instrument to assert France's interests was the upkeep of a common monetary policy and currency, the CFA Franc. Although this has been increasingly resented by...
Persistent link: https://www.econbiz.de/10015045433
Francophone Africa has been dominated to date by the political, economic and cultural repercussions of France’s colonial rule. A major instrument to assert France's interests was the upkeep of a common monetary policy and currency, the CFA Franc. Although this has been increasingly resented by...
Persistent link: https://www.econbiz.de/10015045485
This paper reconciles the Cournot and Bertrand Models of oligopolistic competition, highlighting its weaknesses and giving an opinion thereafter. The pertinent question in this paper is why Cournot (1838) ignored the price and Bertrand (1883) ignored the quantity? From the review, the main...
Persistent link: https://www.econbiz.de/10010368126
There is widespread evidence that geographical borders reduce trade. This paper presents a theoretical model capable of providing a succinct comparison of three broad forms of trade barriers involving i) trade costs, ii) localized tastes, and iii) information frictions. Despite being...
Persistent link: https://www.econbiz.de/10011448738
We investigate the role tacit collusion plays in Asymmetric Price Transmission (APT), the tendency of prices to respond … collusion, we observe APT pricing behavior in markets with 3, 4, 6, and 10 sellers, but not in duopolies. Furthermore, we find … tacit collusion plays a central role in APT. …
Persistent link: https://www.econbiz.de/10012438281
To provide a more flexible workhorse model of temporary price reductions or `sales', this paper presents a substantially generalized `clearinghouse' sales framework. Our framework permits multiple dimensions of firm heterogeneity, and views firms as competing directly in utility rather than...
Persistent link: https://www.econbiz.de/10011556335