independently of the assumed strategic variable in market competition (price vs. quantity): (a) insiders benefit; (b) outsiders are … to the (unobservable) mode of product market competition …

providing a high flight frequency. Such benefits can damage seriously the effectiveness of competition as long as the …

To study the coexistence of two different ownership forms within an industry, I develop a simple model of competition …

support. By bundling, the A-monopolist provides previously non-existent competition with the B-monopolist in the latter … barrier because competition reduces profits. Were bundling harmful, the per se proscription against market allocation should …

This article examines the use of switching costs by long-lived strategic buyers to manage dynamic competition between …

in consolidation has led to concern about competition in local markets for hospital services. We examine the effect of … market structure on competition in local hospital markets specifically, does the hardness of competition increase with the …

number of selected firms, entry is endogenous. As increasing competition in the market reduces competition for the market …

makes some intra-firm price competition optimal, explaining why many multi-product firms allow for competition between … divisions. When there are effort spillovers, the optimal amount of price competition can be as great as when the products are … under separate ownership. Even with some profit-sharing, intra-firm price competition can reduce quality-adjusted price …