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The aim of this paper is to study both the private and the social desirability of a mixed bundling strategy that generates a cost savings effect. We confirm that mixed bundling is the dominant strategy for multiproduct firms, although it may give rise to a prisoner's dilemma. Moreover, we show...
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where firms only choose prices, and make use of aggregative game theory. We find no support for that claim: absent effciency …
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This article analyzes competition between two asymmetric networks, an incumbent and a new entrant. Networks compete in …
Persistent link: https://www.econbiz.de/10008824512
, and Postmates have been rightfully celebrated as positively disruptive, introducing much–needed competition in industries …. These questions address the way a range of issues play out in the platform context, including more traditional competition … consider whether and how questions of market power (and competition more generally) may pose complexity or require analytic …
Persistent link: https://www.econbiz.de/10012931991
Regulation and competition policy are two alternative modalities by which the state intervenes in the market. In order … those where competition policy works better (market power-based failures such as an artificial monopoly or cartel). We also … various industrial organizations (monopoly, duopoly, Walrasian limit) under the symmetric Cournot competition. We also deal …
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that vertical contracts can be anticompetitive if there exists product-market competition. Thus, I advocate caution in …
Persistent link: https://www.econbiz.de/10014193530
Over the last ten years, the European Commission has been trying to increase competition in the postal sector. In order … the postal sector to competition, the level of competition achieved in this sector is quite uneven. Some segments of the … postal market are now subject to intense competition. Yet, others are still largely controlled by postal incumbents. The …
Persistent link: https://www.econbiz.de/10014057544