This paper provides an introduction to the economic analysis of R&D cooperation among firms. Basing on some stylized facts, we survey the relevant theoretical literature in order to discuss the benefits and the costs that firms face when they cooperate in R&D. We then analyze the pros and the...

In the US spectrum auctions which allocate radio frequency rights to the private sector, firms are allowed to form multilateral bidding agreements. These agreements explicitly allow bidders to discuss their strategies and bids. Using public auction- and firm-level data from the Federal...

This paper estimates the effects of code sharing, antitrust immunity and Open Skies treaties on prices, output and capacity using an eleven-year panel of U.S.-Europe data. Code sharing and immunized alliances are found to have significantly lower prices than traditional interline (multi-carrier)...

We study complementarities between brands in the context of collaborations across museums. Over the course of our sample, one major museum with a highly recognized brand closed temporarily and sequentially collaborated with two established local museums. With individual panel data on museum...

This paper categorises four different types of monopoly in which competition for-the-market might occur. It discusses the role of government granted concessions as a way to strengthen competition in markets where competition in-the-market is not always possible and suggests that concessions...

We investigate how R&D spillovers propagate across firms linked through Research Joint Ventures (RJVs). Building on the framework developed by Bloom et al. (2013) which considers the opposing effects of knowledge spillovers and product market rivalry, we extend the model to account for RJV...

This paper tests whether upstream R&D cooperation leads to downstream collusion. We consider an oligopolistic setting where firms enter in research joint ventures (RJVs) to lower production costs or coordinate on collusion in the product market. We show that a sufficient condition for...

This paper empirically evaluates the price effects of the merger of two major book retail chains in the UK: Waterstone's and Ottakar's. We employ differences-in-differences techniques and use a rich dataset containing monthly scanner data information on a sample of 200 books sold in 60 stores in...

This paper empirically evaluates the price effects of the merger of two major book retail chains in the UK: Waterstone's and Ottakar's. We employ differences-in-differences techniques and use a rich dataset containing monthly scanner data information on a sample of 200 books sold in 60 stores in...