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Cartel Stability under Quality Differentiation

Bos, Iwan; Marini, Marco A. - 2018

This note considers cartel stability when the cartelized products are vertically differentiated. If market shares are maintained at pre-collusive levels, then the firm with the lowest competitive price-cost margin has the strongest incentive to deviate from the collusive agreement. The...

Persistent link: https://www.econbiz.de/10015261154

Naked Exclusion: An Experimental Study of Contracts with Externalities

Landeo, Claudia M.; Spier, Kathryn E. - 2007

This paper reports the results of an experiment designed to assess the ability of an incumbent seller to profitably foreclose a market with exclusive contracts. We use the strategic environment described by Rasmusen, Ramseyer, and Wiley (1991) and Segal and Whinston (2000) where entry is...

Persistent link: https://www.econbiz.de/10015262710

Competitive differential pricing

Chen, Yongmin; Li, Jianpei; Schwartz, Marius - 2019

This paper analyzes welfare under differential versus uniform pricing across oligopoly markets that differ in costs of service. We establish necessary and sufficient conditions on demand properties---cross/own elasticities and curvature---for differential pricing by symmetric firms to raise...

Persistent link: https://www.econbiz.de/10015264255

Blockchain-based E-commerce: It’s an Evolution, NOT a Revolution -- Experimental Evidence from Users’ Perspective

Lee, Kuo Chuen; Li, Yang; Xu, Weibiao; Zhao, Willy - 2025

Proponents of blockchains believe that this technology will revolutionize e-commerce. To evaluate this belief, we invite several groups of students to transact on a decentralized peer-to-peer marketplace built on the platform provided by Origin Protocol Inc., and then we conduct a survey about...

Persistent link: https://www.econbiz.de/10015272352

National vs. international welfare effects of horizontal mergers

Hott, Christian - 2001

Empirical evidence suggests that many mergers do not increase profits of the participating firms and decrease welfare. Due to the globalization of markets we should take an international view on mergers and their welfare effects. This paper develops a Bertrand-model of an international...

Persistent link: https://www.econbiz.de/10010305455

Refusal to Deal, Intellectual Property Rights, and Antitrust

Chen, Yongmin - 2011

puzzling and has led to numerous debates in antitrust. In this paper, I clarify the economic logic of refusal to deal, and … IP protection (as determined by IP laws) and restrictions on IP holders' conduct (as determined by antitrust laws) may …

Persistent link: https://www.econbiz.de/10015236253

Competition, Efficiency and Competition Policy in Tunisia

Ben Jelili, Riadh - 2007

Tunisian manufacturing sector plays an important role in the Tunisian economy. It contributes significantly to the Gross Domestic Product, employment, gross fixed capital formation, merchandise exports, and the use of advanced technologies. Accordingly, it has been called upon to play a key role...

Persistent link: https://www.econbiz.de/10015240096

Antitrust Analysis of Sports Leagues

Pelnar, Gregory - 2007

I present an overview of the antitrust literature on sports leagues, with particular emphasis on the National … the National Hockey League, as well as on sanctioning organizations such as NASCAR. I review the major antitrust court … decisions, the commentaries of the leading antitrust experts on these decisions, and the extensive sports economics literature …

Persistent link: https://www.econbiz.de/10015241169

The “regulatory authority dixit” defence in European competition law enforcement

Congedo, Pierluigi - 2014

The European Commission (EC) and the European Courts have being reaffirming in the Deutsche Telekom and Telefónica cases that guide-prices established by sector regulators upon electronic communications incumbents cannot per se exclude that conducts with anticompetitive foreclosure effects,...

Persistent link: https://www.econbiz.de/10015245182

Horizontal mergers in the presence of vertical relationships.

Ghosh, Arghya; Morita, Hodaka; Wang, Chengsi - 2014

We study welfare effects of horizontal mergers under a successive oligopoly model and find that downstream mergers can increase welfare if they reduce input prices. The lower input price shifts some input production from cost-inefficient upstream firms to cost-efficient ones. Also, the lower...

Persistent link: https://www.econbiz.de/10015245203