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We survey the main theoretical contributions on patent licensing in spatial models of competition. Building on both the shopping models à la Hotelling and the shipping models of spatial discrimination, our analysis focuses on how the spatial dimension of competition drives the choice of the...
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We reconsider the endogenous choice of delegation to a manager by two down-stream firms in both a Cournot and a Bertrand vertical market with network effects. An upstream monopolist charges a two-part tariff for a crucial input. By applying the Nash solution in a centralized bargaining, we show...
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