This paper studies how competition and vertical structure jointly determine generating capacities, retail prices, and … before they buy electricity in the wholesale market, we show that welfare is highest if competition in generation and …

generalise the approach and analyse the behaviour of a competition authority, which attaches different weights to the firms' and … restrictions also depends on the competition authority's instruments. The essential insights continue to apply if firms are …

competition by a competitive fringe that produces low quality. We show that the brand manufacturer optimally provides a decoy good …

same time increases competition. As a result, the platform lowers the firm fees and raises the consumer charges. In … competition. In this case, the platform raises both the charge to the consumers and the fee for the firms. …

, we consider symmetric Cournot competition and show that the endogenous level of CSR is positive for any given number of …

the successful introduction of competition in the telecommunications sector. The main reason behind this success is that … telecommunications is in line with micro-economic theory, which predicts an increase in efficiency and lower prices when markets are … opened up to competition. The success in the telecommunications sector is often used as an argument for opening up other …

competition for consumers. -- Platforms ; Software ; Two-sided markets …

surplus-sharing and product differentiation, it is chosen by the second mover to avoid Bertrand competition. The equilibrium …