This paper analyzes the effect of Employment Protection Legislation (EPL) on the conversion rate of temporary contracts into permanent ones in the same firm. Once EPL is enforced, two effects might arise: employers could tend to replace their permanent workforce with short-term employment...

This paper investigates on price competition in the Hotelling location model with linear transportation costs when consumer preferences are affected by the number of consumers shopping at the same store. A consumption externality permits to consider the imitation and the congestion effects which...

This paper analyzes the price-setting behavior of multiproduct firms in a differentiated product market. The structure considered is one where large companies offer either a set of close substitutes (market segmentation) or a set of distant substitutes (market interlacing). The modelling...

This paper provides the Nash equilibrium under homogeneous duopoly a la Bertrand. The optimal consumers' behaviour is obtained assuming a specific externality in the utility function. This externality permits to consider at the same time, and not alternatively, the imitation and the crowd...

The patents power is threefold: first, they are important to state the property right's appropriability of an invention; second, they are necessary in order to secure financing for starting a new venture; third, they are fundamental in order to recoup the positive R&D cost investment. The main...