We study oligopoly price competition between multiproduct firms---firms whose products interact in the profit function. Specifically, we focus on the impact of intrafirm product interactions on the level of equilibrium profits. This impact may be decomposed in two different ways: (a) a direct...

The recent years have exhibited a burst in the amount of collaborative activities among firms selling complementary products. This paper aims at providing a rationale for such a large extent of collaboration ties among complementors. To this end, we analyze a game in which the two producers of a...

Generally, the primary goal of international policy cooperation is to prevent nations from pursuing mutually harmful policies. This paper states this imperative more precisely. Assuming that the primary goal of national economic policy is to internalise externalities, production possibility...

In a winner-take-all duopoly market for systems in which firms invest to improve their products, a vertically integrated monopoly supplier of an essential system component may have an incentive to advantage itself by technological tying; that is, by designing the component to work better in its...

This thesis is a collection of four stand-alone essays on international competition for human capital, together with a general introduction and some concluding remarks. The first essay deals with decentralized public education and human capital mobility. The international mobility of...

In a winner-take-all duopoly market for systems in which firms invest to improvetheir products, a monopoly supplier of an essential system component may havean incentive to advantage itself by technological tying; that is, by designing thecomponent to work better in its own system. If the...

Limited liability and asymmetric information between an investment bank and its lenders provide an incentive for a bank to undercapitalise and finance overly risky business projects. To counter this market failure, national governments have imposed solvency constraints on banks. However, these...

Die Soziale Marktwirtschaft ist auch in Zeiten des verschärften Systemwettbewerbs mit den USA und China die geeignete Wirtschafts- und Gesellschaftsordnung für Deutschland und Europa, um die Volkswirtschaft auf einen nachhaltigen Wachstumspfad zu führen. Nur ein wirtschaftlich erfolgreiches...

Open borders imply systems competition. This paper studies the implications of systems competition for the national competition rules. It is shown that an equilibrium where all countries retain their antitrust laws does not exist, since abolishing this law makes it possible for a single country...

Research on the organization of systems industries generally takes the boundaries of platforms to be exogenously-determined artifacts, given by the nature of technology. This paper studies whether platform boundaries are responsive to economic incentives by studying variation in platform...