While the previous literature on exclusive dealing has been concerned with the question of how exclusive dealing can raise static profits, this paper analyzes the question of how exclusive dealing can be used to predate in a dynamic context. It is shown that exclusive dealing may arise even if...

While the previous literature on exclusive dealing has been concerned with the question of how exclusive dealing can raise static profits, this paper analyzes the question of how exclusive dealing can be used to predate in a dynamic context. It is shown that exclusive dealing may arise even if...

Two widely discussed pricing benchmarks in the literature on payment cards markets are the "tourist test" interchange fee (Rochet and Tirole, 2010), which internalizes usage externalities in payment card markets, and "perfect surcharging" by merchants (Rochet and Tirole, 2002). This paper shows...

This dissertation contains four independent chapters. Chapter 1 analyzes the impact of vertical integration on quality provision. Chapter 2 seeks to explain the pervasiveness of uncoordinated corruption. Chapter 3 proposes a theory of political agency. Chapter 4 is an inquiry into the...

This paper analyzes the impact of vertical integration on product quality. Contrary to previous findings, it is shown that integration decreases quality in many natural situations. In general, the direction of the quality change is governed by three effects that are isolated in the model. This...

Shift-share-analysis, structural unemployment, empirical study, labor market segmentation, German labour market. - Die Arbeit behandelt die strukturierte Arbeitslosigkeit in Deutschland, also die Tatsache, dass bestimmte Arbeitsmarktgruppen von Arbeitslosigkeit stärker betroffen sind als...