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Patent holders frequently attempt to mitigate the loss of monopoly power by authorizing generic entry prior to patent expiry (early entry). Competition in off-patent pharmaceutical markets may be adversely affected if early entry substantially impairs the attractiveness of subsequent market...
Persistent link: https://www.econbiz.de/10003964934
Patent holders attempt to mitigate the loss of monopoly power by authorizing generic entry prior to patent expiry (early entry). Off-patent competition may be adversely affected if early entry substantially lowers the attractiveness of subsequent generic entry. This study assesses the impact of...
Persistent link: https://www.econbiz.de/10008939409
We show how collusive outcomes may occur in equilibrium in a one-period competitive insurance market characterized by … full insurance while the low risks coverage decreases as the firms' profits increase …
Persistent link: https://www.econbiz.de/10014216288
constrained. We show that collusion sustainability is non-monotonic in the size of the capacity constrained firm, which has little …
Persistent link: https://www.econbiz.de/10013473721
constrained. We show that collusion sustainability is non-monotonic in the size of the capacity constrained firm, which has little …
Persistent link: https://www.econbiz.de/10014290080
We study competition in markets with significant transport costs and capacity constraints. We compare the cases of price competition and coordination in a theoretical model and find that when firms compete, they more often serve more distant customers that are closer to plants of competitors. By...
Persistent link: https://www.econbiz.de/10011724001
This article studies competition in markets with transport costs and capacity constraints. We compare the outcomes of price competition and coordination in a theoretical model and find that when firms compete, they more often serve more distant customers who are closer to the competitor's plant....
Persistent link: https://www.econbiz.de/10011906924
We study competition in markets with significant transport costs and capacity constraints. We compare the cases of price competition and coordination in a theoretical model and find that when firms compete, they more often serve more distant customers that are closer to plants of competitors. By...
Persistent link: https://www.econbiz.de/10011778632
We conduct a stated-choice experiment where respondents are asked to rate various insurance products aimed to protect … equilibrium for long-term care insurance using the framework developped by Einav et al. (2010). We investigate in turn causes for … the low observed take-up of long-term care insurance in Canada despite substantial residual out-of-pocket financial risk …
Persistent link: https://www.econbiz.de/10011735985
private information. In equilibrium, both firms open stores in all the cities. Tacit collusion to divide the market is impeded …
Persistent link: https://www.econbiz.de/10010842593