This paper shows that moving from market segmentation to market integration (i.e. firms can no longer discriminate among markets) has anti-competitive effects in a repeated game setting in which a simple trigger strategy is the enforcement strategy. In particular, we show that two countries can...

This paper examines interbrand competition between a domestic and a foreign manufacturer who market their products through intermediaries. The contracts manufacturers offer these intermediaries are endogenous. In equilibrium contracts may specify exclusive territories (ET), depending on the...

This paper presents a simple theoretical framework in which immigrants have a relative incentive to cluster in host countries where cultural characteristics and imperfect information sustain the segmentation of the labor market and a higher wage in foreign communities. The hypothesis is tested...