The paper investigates prices and the deadweight loss in multi-product monopoly (MPM) with linear demand and constant marginal costs. We examine MPM with three commonly used demand structures: standard heterogeneous products, vertically (quality) and horizontally (spatially) differentiated...

We establish coalitional stable party structures of a party formation game in an elected assembly. Farsighted political players can commit to form parties and to vote on policies according to the party position which is determined by intra-party majority rule. Parties may form governments and...

The authors characterize equilibria of an income reporting game with bounded returns and no commitment where detected tax evaders are charged the maximally feasible amount. Introducing partial commitment to punishment relief eliminates multiplicity of equilibria. The authors identify a unique...