Similar Search Results

Bolatto, Stefano; Lambertini, Luca - 2017

We investigate the possibility for two vertically related firms to at least partially collude on the wholesale price over an in.nite horizon to mitigate or eliminate the e¤ects of double marginalisation, thereby avoiding contracts which might not be enforceable. We characterise alternative...

Persistent link: https://www.econbiz.de/10011819010

Patent protection and threat of litigation in oligopoly

Capuano, Carlo; Grassi, Iacopo - 2018

entrant deviates from collusion, the incumbent can strengthen punishment suing the competitor for patent infringement …

Persistent link: https://www.econbiz.de/10011853396

Optimal Cross-Licensing Arrangements: Collusion versus Entry Deterrence

Choi, Jay Pil; Gerlach, Heiko - 2018

This paper analyzes optimal cross-licensing arrangements between incumbent firms in the presence of potential entrants. The optimal cross-licensing royalty rate trades off incentives to sustain a collusive outcome vis-a-vis incentives to deter entry with the threat of patent litigation. We show...

Persistent link: https://www.econbiz.de/10011887411

Private information, price discrimination, and collusion

Peiseler, Florian; Rasch, Alexander; Shekhar, Shiva - 2018

We analyze firms' ability to sustain collusion in a setting in which horizontally differentiated firms can price … sustainability of collusion. Starting from a low level, an increase in signal precision first facilitates collusion. However, there … is a turning point from which on any further increase renders collusion less sustainable. Our analysis provides important …

Persistent link: https://www.econbiz.de/10011892962

Let's lock them in: Collusion under consumer switching costs

Fourberg, Niklas - 2018

Consumer switching costs cause the market demand of consumers who already bought a supplier's product to be less elastic while they simultaneously increase competition for new consumers. I study the effect of this twofold pricing incentive on firms' price setting behavior in a 2x2 factorial...

Persistent link: https://www.econbiz.de/10011892963

Strategic supply function competition with private information

Vives, Xavier - 2008

A Bayesian supply function equilibrium is characterized in a market where firms have private information about their uncertain costs. It is found that with supply function competition, and in contrast to Bayesian Cournot competition, competitiveness is affected by the parameters of the...

Persistent link: https://www.econbiz.de/10010264447

Incentives for process innovation in a collusive duopoly

Engel, Christoph - 2007

Two suppliers of a homogenous good know that, in the second period, they will be able to collude. Gains from collusion … innovation. Innovation changes the status quo pay-off, and thereby affects the distribution of the gains from collusion. The …

Persistent link: https://www.econbiz.de/10010264811

The analysis of coordinated effects in EU merger control: where do we stand after Sony/BMG and Impala?

Aigner, Gisela; Budzinski, Oliver; Christiansen, Arndt - 2006

The recent Impala Judgment by the CFI on the Sony/BMG Decision by the Commission represents the most important ruling on collective dominance since Airtours. We review both the Decision and the Judgment and derive implications for the institutional and substantive development of EU Merger...

Persistent link: https://www.econbiz.de/10010265712

Vertical integration, raising rivals' costs and upstream collusion

Normann, Hans-Theo - 2008

This paper analyzes the impact vertical integration has on upstream collusion when the price of the input is linear. As … discount factor needed to sustain this equilibrium is then shown to be unambiguously lower than the one needed for collusion in …

Persistent link: https://www.econbiz.de/10010266966

Platform Standards, Collusion and Quality Incentives

Salim, Claudia - 2010

We present the idea that quality cooperation and standardisation might raise network providers' incentives for product differentiation. As a result, the equilibrium outcome may be characterised by voluntary standardisation and maximum quality differentiation: This situation arises, if platforms...

Persistent link: https://www.econbiz.de/10010270111