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media content, including the AT&T-Time Warner and the Disney-Fox mergers. Using a theory-driven approach, we examine …
Persistent link: https://www.econbiz.de/10012011207
Unbundling of vertically integrated utilities has become an integral element in the regulation of network industries and has been implemented in many jurisdictions. The idea of separating the network, as the natural monopoly, from downstream retailing, which may be exposed to competition, is...
Persistent link: https://www.econbiz.de/10011932606
multiple complementary inputs and the entry of a supplier into the final good market gives rise to mutual outsourcing of inputs … between the encroaching supplier and the incumbent. We show that, post encroachment, mutual outsourcing between the competing … mutual outsourcing. Our analysis yields novel managerial, empirical and policy implications. …
Persistent link: https://www.econbiz.de/10014306725
We study the implications of different contractual forms in a market with an incumbent upstream monopolist and free downstream entry. We show that traditional conclusions regarding the desirability of linear contracts radically change when entry in the downstream market is endogenous rather than...
Persistent link: https://www.econbiz.de/10012824081
This paper presents a firm and market model that is able to reproduce the empirically observed patterns on firm growth and its statistical characteristics. It goes beyond the existing firm models by reproducing all stylized facts established in the literature. Furthermore, the model is flexible...
Persistent link: https://www.econbiz.de/10011303760
We consider an entrepreneur that is the sole producer of a cost reducing skill, but the entrepreneur that hires a team to use the skill cannot prevent collusive trade for the innovation-related knowledge between employees and competitors. We show that there are two types of diffusion-avoiding...
Persistent link: https://www.econbiz.de/10014197952
Free/Libre Open Source software (FLOSS) diffusion represents one of the main evolutions of the Information Technology (IT) industry in recent years. Such an approach appears exemplary in the context of a knowledge based economy, for a growing number of industrial activities, for which the scope...
Persistent link: https://www.econbiz.de/10014189728
multiple complementary inputs and the entry of a supplier into the final good market gives rise to mutual outsourcing of inputs … between the encroaching supplier and the incumbent. We show that, post encroachment, mutual outsourcing between the competing … mutual outsourcing. Our analysis yields novel managerial, empirical and policy implications …
Persistent link: https://www.econbiz.de/10014347224
insourcing and outsourcing, but once the world market reaches a threshold size, outsourcing prevails. We also derive a number of …
Persistent link: https://www.econbiz.de/10010954336
We develop a partial equilibrium, perfectly competitive framework of a (potentially) vertically integrated industry. There are three types of firms: upstream firms that use primary factors to produce an intermediate; downstream firms that use primary factors and intermediates to produce a final...
Persistent link: https://www.econbiz.de/10008549609