improvement by the rival, strategic pricing leads the dominant firm to support compatibility even if it could exclude its rivals …

During the marginalist controversy, full costers failed to convince economists of the superiority of full cost pricing … over marginal theory of imperfect competition. The controversy was closed prematurely; various contributions published … rate of profit and the emergence of the market price The present paper shows that the full cost pricing is not so justified …

In recent studies of channel competition, it has been found that channel intermediaries reduce the intensity of direct … competition between manufacturers. The underlying channel structure in most studies consists of two manufacturers and two … competition by analyzing a channel structure with two competing manufacturers and one intermediary (a common retailer) that sells …

We consider the optimal two-part tariff contract between a manufacturer and a retailer. We show that retail competition … with a monopoly manufacturer and no information asymmetry. On the other hand, slotting allowances do not arise with a … monopoly retailer and no information asymmetry, whether the manufacturer is a monopoly or not. We also show that more intense …

of retail competition by first extending the work of Lal and Matutes (1994) and then developing an alternative framework … retail competition. For this model, we derive a Rational Expectations Nash equilibrium in which each store randomly …-to-head competition on the price of the advertised good. The most salient strategic implication of retailers' offering unadvertised …

The Internet has signi.cantly reduced the marginal cost of producing and distributing digital information goods. It … bundling can create “economies of aggregation” for information goods if their marginal costs are very low, even in the absence … settings with several different types of competition, including both upstream and downstream, as well as competition between a …