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Oligopolio con Beni Differenziati (Oligopoly with Differentiated Goods)

Miceli, Maria-Augusta - 2020

Italian Abstract: Vengono esposti i classici risultati dei modelli di oligopolio con beni differenziati sia sostituti che complementari a mosse simultanee, sequenziali e colllusive, con variabile strategica quantità o prezzo. L'utilizzo di funzioni lineari permette di calcolare, disegnare e...

Persistent link: https://www.econbiz.de/10014158755

Variety, Mergers, and Consumer Well-Being : Towards a Capability Approach to Merger Law

Sturiale, Jennifer E. - 2014

Revisions incorporated into the Horizontal Merger Guidelines in 2010 claim that the Department of Justice and the Federal Trade Commission consider anticompetitive effects to product “variety” when evaluating mergers. The Guidelines do not, however, explain the methodology or tools that can...

Persistent link: https://www.econbiz.de/10014143894

Project Selection : Commitment and Competition

Atal, Vidya; Bar, Talia; Gordon, Sidartha - 2016

project opportunity arises every period. Taking on a project requires a commitment of uncertain duration, preventing the firm … from selecting another project in subsequent periods until the commitment ends. In our dynamic game, when two firms are … free of commitment, they move sequentially in random order. Symmetric pure strategy Markov perfect equilibria always exist …

Persistent link: https://www.econbiz.de/10014146386

Multisided Platforms, Dynamic Competition, and the Assessment of Market Power for Internet-Based Firms

Evans, David S. - 2016

Market power on each side of a multisided platform, whether in the form of increasing prices or decreasing quality, is constrained by the risk of losing sales on the other sides. That tends to weaken market power on each side and encourages platforms to keep prices lower and quality higher than...

Persistent link: https://www.econbiz.de/10014128700

Transaction Costs in Common Ownership

Khoo, Kenneth - 2022

A phenomenon known as “Common Ownership” arises when shareholders hold substantial stakes in competing firms. Although recent empirical evidence has illustrated how common concentrated owners are associated with higher product market prices and lower output, scholars remain divided as to the...

Persistent link: https://www.econbiz.de/10013293643

Antitrust and Trademark Settlements

Hemphill, C. Scott; Hovenkamp, Erik - 2022

In today’s digital economy, online competitive advertising plays a central role in informing consumers about low prices and other desirable product features. Accordingly, rivals have a strong incentive and opportunity to place anticompetitive limits on the flow of information. They do so by...

Persistent link: https://www.econbiz.de/10013306227

Varieties and Mechanisms of Common Ownership : A Calibration Exercise for Competition Policy

Tzanaki, Anna - 2021

Minority shareholdings have been on the regulatory agenda of competition authorities for some time. Recent empirical studies, however, draw attention to a new, thought provoking theory of harm: common ownership by institutional investors holding small, parallel equity positions in several...

Persistent link: https://www.econbiz.de/10013241599

Organizational Form and Excess Burden of Taxation in Multiproduct Mixed Duopoly

Choi, Kangsik - 2021

By introducing the excess burden of taxation, we analyze endogenous choice of organizational form between U-form and M-form in the multiproduct mixed duopoly. With managerial delegation in public and private firms, we find that choosing M-form (U-form) for the public and private firms is a...

Persistent link: https://www.econbiz.de/10013242009

Endogenous Organizational Forms in Multiproduct Mixed Duopoly

Choi, Kangsik - 2021

We analyze endogenous choice of organizational forms between U-form and M-form in the multiproduct mixed duopoly. With managerial delegation in public and private firms, we find that choosing M-form for the public and private firms is a dominant strategy under mixed duopoly in either Bertrand or...

Persistent link: https://www.econbiz.de/10013244834

Endogenous Choice of Stakes Under Common Ownership

Hemphill, C. Scott; Kahan, Marcel - 2021

We present a simple model of common ownership in which an investor chooses its stake in competing firms in light of the effects on firm behavior and firm profits. Two firms compete in Cournot duopoly, and ownership affects a firm’s objective function in the manner posited by Bresnahan & Salop...

Persistent link: https://www.econbiz.de/10013213975