We consider a vertically related market in which an upstream monopolistsupplier trades, via interim observable two-part tariff contracts, with twodifferentiated goods' downstream Cournot competitors. We show that passivepartial backward ownership (PPBO) may be pro-competitive and...

This paper explores how vertical relations influence the timing of new technology adoption. It shows that both the bargaining power distribution among the vertically related firms and the contract type through which vertical trading is conducted affect crucially the speed of adoption: the...

This paper explores how vertical relations influence the timing of new technology adoption. It shows that both the bargaining power distribution among the vertically related firms and the contract type through which vertical trading is conducted affect crucially the speed of adoption: the...

The present paper investigates the firms' incentives to invest in comparative advertising in a spatially differentiated duopoly market characterized by network externalities. We show that for a wide range of locations, determined by the interaction between the transportation cost, the network...

We investigate the firms' and unions' incentives to engage in social responsibility activities in a unionized differentiated goods' duopoly market. The socially responsible attributes attached to products are considered as credence goods, with consumers forming expectations about their existence...