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the prey's access to finance is not too limited. Furthermore, it is more likely that exclusive dealing is preferable … compared to predatory pricing the more market power the predator has with respect to the prey. …
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. -- Competition policy ; monopolisation ; predation ; enforcement … selected enforcement options in a Cournot-type duopoly predation model. Differentiating between a no rule approach, an ex ante …
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We propose a simple theory of predatory pricing, based on scale economies and sequential buyers (or markets). The … entrant (or prey) needs to reach a critical scale to be successful. The incumbent (or predator) is ready to make losses on … earlier buyers so as to deprive the prey of the scale it needs, thus making monopoly profits on later buyers. Several …
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Previous theoretical researches show that learning from good performers yields intense competition and results in the … useful strategic tool to mitigate competition. We introduce an evolutionary (learning) game into a duopoly model with product … even when firms have an opportunity to differentiate themselves through product differentiation and to mitigate competition …
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