, and indirect network effects, between members of distinct groups. Network effects may simultaneously reduce competition …

welfare implications for consumers and firms alike. An exogenous increase in firms' ability to predict demand may make … collusion possible where it was previously unsustainable. However, it also may make collusion impracticable where it had … contribute to the emerging literature on how algorithms and other forms of artificial intelligence may affect competition …

created in hopes of increasing competition. One example is the licensing of cellular telephone services in the United States … geographic markets. Taking advantage of the unique regulatory environment, we test to what degree duopolistic competition leads …

Standard models of collusion require that all firms are forward-looking and strategic. When one firm displays naive …

pharmaceutical industry between originator and generic firms have been scrutinized critically by competition authorities for delaying … the market entry of generics and therefore harming consumers. In this paper we present a model that analyzes the tradeoff … a policy parameter for determining the optimal additional period for collusion that would maximize consumer welfare and …

elasticity of piracy indicates that piracy is insensitive to price cuts. The results have implications for the calculation of … damages of piracy. …

This paper investigates the effects of illegal file sharing (piracy) on music and movie sales. The Swedish … file sharing. We investigate the subsequent drop in piracy as approximated by the drop in Swedish Internet traffic and the …

elasticity of piracy indicates that piracy is insensitive to price cuts. The results have implications for the calculation of … damages of piracy. …

This paper investigates the effects of illegal file sharing (piracy) on music and movie sales. The Swedish … file sharing. We investigate the subsequent drop in piracy as approximated by the drop in Swedish Internet traffic and the …

offers especially when many consumers prefer comparable offers. This occurs after initial periods with strong competition and … leads to lower welfare for all consumers. In treatments where firms cannot monitor the competition, firms end up having to …. They are faced with artificial demand from consumers who make mistakes when assessing the net value of products on the …