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I model the strategic interaction between firms, that face decisions on investment, forward contracts and spot market quantities. For an investment decision that takes place after firms have contracted forward but before firms compete on the spot market (medium term investment), competition...
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The present paper reconsiders the inside innovators’ licensing problem under incomplete information. Employing an optimal mechanism design approach, we show that, contrary to what is claimed in the literature, the optimal mechanism may prescribe fixed fees, royalty rates lower than the cost...
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This dissertation consists of three papers which are aimed at extending consumer search theory by relaxing some of the informational assumptions and by inquiring into the incentives of firms to share information. The first paper analyses firm's incentives to share information in search markets....
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