Showing 161 - 170 of 690,903
oligopoly and access price regulation …
Persistent link: https://www.econbiz.de/10014182907
AT&T was known for both funding a world-class research lab and delaying deployment of useful innovations from the lab. To explain this behavior we consider a model with an incumbent facing a potential entrant. The incumbent can choose from two technologies for production: old and new. The...
Persistent link: https://www.econbiz.de/10014221709
brands. Under constant tax rates, a monopoly sells different brands to social classes of equal measure, while in contestable …, while a monopoly faces an adequate flat tax rate to all brands. In contrast with extant literature, subsidies may be …
Persistent link: https://www.econbiz.de/10014156385
Policymakers have long invoked the concept of a “terminating access monopoly” to inform communications policy. Roughly …, generally possesses monopoly power vis-à-vis third-party senders of communications traffic to its customers. Regulators and … access monopoly to modern communications policy, there is surprisingly little academic literature on that concept as it …
Persistent link: https://www.econbiz.de/10014131309
theory, the upstream firm has more difficulty commiting to supply the monopoly quantity in treatments with non … existing theory, we extend received theory by allowing downstream subjects to have heterogeneous out-of-equilibrium beliefs (a …
Persistent link: https://www.econbiz.de/10014146973
This paper shows that an upstream monopolist that sells to competing downstream firms can profitably use exclusive contracts to deter entry even where scale economies are absent. The incumbent monopolist can often place each downstream firm in a prisoner's dilemma by offering downstream firms a...
Persistent link: https://www.econbiz.de/10014124319
theory, vertical integration improves the upstream firm's ability to commit to restricting output to the monopoly level, as … theory, we extend the theory to allow downstream firms to have heterogeneous (rather than purely passive or symmetric) out …
Persistent link: https://www.econbiz.de/10014126754
This paper considers sequential wage differentiation in a monopoly union model of the labour market. In this model the … higher and the employment level for the standard wage is lower than in the monopoly union model without wage differentiation …
Persistent link: https://www.econbiz.de/10014071353
customers, the resulting entry-deterring monopoly contract is a fixed fee and results in the socially optimal outcome. However …
Persistent link: https://www.econbiz.de/10014031167
We discuss the incentive of an exclusive holder of a technology to share it with competitors in a market with network externalities. We assume that high expected sales increase the willingness to pay for the good. This is named the "network effect". At a stable fulfilled expectations...
Persistent link: https://www.econbiz.de/10014039256