Showing 21 - 30 of 707,657
of many oligopoly models. Finally, we discuss endogenous sunk costs and persistent concentration and frictionless entry …This Chapter reviews the theoretical literature on entry games and free entry equilibria. We show that a wide range of … symmetric oligopoly models share common comparative statics properties. Individual profits and quantities decrease in the number …
Persistent link: https://www.econbiz.de/10012993391
fields. Economic literature has studied the causes of this proliferation; we propose an entry game focusing on one of the … consequences, showing how an incumbent may create a patent portfolio in order to control market entry and to collude. The incumbent … protection implemented by the incumbent and note whether the holder of a patent reacts to entry by either suing or not suing the …
Persistent link: https://www.econbiz.de/10011818422
CSR as an entry deterrent. Both results indicate that CSR may increase market concentration. Third, we consider …
Persistent link: https://www.econbiz.de/10011657756
fields. The economic literature has studied the causes of this proliferation; we propose an entry game focusing on one of the … consequences, showing how an incumbent may create a patent portfolio in order to control market entry and to collude. The incumbent … protection implemented by the incumbent and note whether the holder of a patent reacts to entry by either suing or not suing the …
Persistent link: https://www.econbiz.de/10011799562
. -- Network effects ; demand-side externalities ; monotone comparative statics ; Cournot oligopoly ; supermodularity …
Persistent link: https://www.econbiz.de/10009408045
The related phenomena of learning curve and network effects are quite common in oligopolistic markets. In this context the present paper discusses the incentives of a technological leader to share its exclusive technology with potential competitors. An alliance may be preferable because partner...
Persistent link: https://www.econbiz.de/10010222405
of free entry equilibrium for network industries. The approach relies on lattice-theoretic methods, which allow for a …
Persistent link: https://www.econbiz.de/10014201449
In the presence of network externalities, we compare the stability of collusion under Bertrand and Cournot duopoly with differentiated products. Contrast to previous studies, we show that (i) firms have stronger incentive to collude under Bertrand competition than under Cournot competition in...
Persistent link: https://www.econbiz.de/10014092591
This paper analyzes competition in a two-period differentiated-products duopoly in the presence of both switching costs and network effects. We show that they have opposite implications on the demand side, specially in the first period. While the former reduces demand elasticities, the latter...
Persistent link: https://www.econbiz.de/10014066851
In this paper, we aim to investigate the collusive stability in the presence of network externalities among firms with relative performance in the firm's objective functions. We demonstrate that collusive stability is increasing (decreasing) in the degree of relative performance, product...
Persistent link: https://www.econbiz.de/10014636244