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In a winner-take-all duopoly market for systems in which firms invest to improvetheir products, a monopoly supplier of an essential system component may havean incentive to advantage itself by technological tying; that is, by designing thecomponent to work better in its own system. If the...
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between a manufacturer and a retailer lead to vertical foreclosure, to the detriment of consumers and society. Finally, we …
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, barriers to entry, and foreclosure – were applied over time and across different dimensions such as the geographic market … foreclosure. These patterns are not changing over time. The role of the structural indicators in explaining competitive concerns …
Persistent link: https://www.econbiz.de/10012207978
externalities from foreclosures. VPROs were widely adopted by local governments across the United States during the foreclosure … enactment of VPROs in Florida more than halved the negative externality from foreclosure. This finding is robust to a rich set …
Persistent link: https://www.econbiz.de/10012389575
A mortgage borrower has several options once a foreclosure proceedings is initiated, mainly default and prepayment … to default and time to prepayment once the foreclosure proceedings is initiated. More importantly, we examine the …
Persistent link: https://www.econbiz.de/10012610991
We review the Chicago school's single monopoly profit theory whereby an upstream monopolist cannot increase its profits through vertical integration as it has sufficient market power anyways. In our model the dominant supplier has full bargaining power and uses observable two-part tariffs. We...
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input foreclosure or customer foreclosure. We show that the incentives to foreclose can be higher, equal, or even lower with …
Persistent link: https://www.econbiz.de/10013385143
, barriers to entry, and foreclosure – were applied over time and across different geographic market definitions. On average … reform. Competitive concerns are also correlated with rising concentration, especially if entry barriers and foreclosure are …
Persistent link: https://www.econbiz.de/10014000353
This paper examines situations where two vertically integrated firms consider supplying an input to an independent downstream competitor via privately observed contracts. We identify equilibria where competition in the upstream market emerges—the downstream competitor gets supplied—as well...
Persistent link: https://www.econbiz.de/10014503766