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Empirical models of imperfect competition : a discussion

Einav, Liran (contributor); Nevo, Aviv (contributor) - 2006

Persistent link: https://www.econbiz.de/10003742957

Geography, Competition, and Optimal Multilateral Trade Policy

Nocco, Antonella - 2019

How should multilateral trade policy be designed in a world in which countries differ in terms of market access and technology, and firms with market power differ in terms of productivity? We answer this question in a model of monopolistic competition in which variable markups increasing in firm...

Persistent link: https://www.econbiz.de/10012890733

Identifying Price Discrimination When Product Menus are Endogenous

Cohen, Andrew Milman - 2004

The standard approach to identifying second degree price discrimination is based on examining correlations between product menus and prices. When product menus are endogenous, however, tests for price discrimination may be biased by the fact that unobservables affecting costs or demand may...

Persistent link: https://www.econbiz.de/10014072383

Bundling and the Ge-Honeywell Merger

Nalebuff, Barry J. - 2002

The economic theory of bundling has moved from the classroom and academic journals to the public policy arena. Its … proposed GE-Honeywell merger to address the concerns raised by bundling. We set out the theory as put forth by the Commission … and try to reconcile this theory with both the economic theory of bundling and the facts of the case. We discuss what is …

Persistent link: https://www.econbiz.de/10014033261

Illinois walls

Schinkel, Maarten-Pieter; Tuinstra, Jan; Rüggeberg, Jakob - 2005

In its landmark ruling in Illinois Brick Co. v. Illinois in 1977, the U.S. Supreme Court restricted standing to sue for recovery of antitrust damages to direct purchasers. However, antitrust damages are typically (in part) passed on to intermediaries lower in the chain of production and...

Persistent link: https://www.econbiz.de/10011343268

Beyond the dogma of the fixed book price agreement

Ploeg, Frederick van der - 2003

After describing the essential features of the book market, a welfare analysis of the fixed book price agreement is given. Allowance is made for the opportunity cost of reading. Theoretically, the agreement pushes up book prices and depresses book sales. However, more titles will be published,...

Persistent link: https://www.econbiz.de/10011507914

Jargonomics : Intellectual Property Prices and Marginal Cost

Singleton, Solveig - 2008

The marginal cost of a good is not usually a relevant factor when crafting intellectual property policy. Marginal costs estimates are based on models of static efficiency, not dynamic efficiency, which is more relevant to policymakers.Profit margins on goods must be high enough to both support...

Persistent link: https://www.econbiz.de/10012725781

Calculating Cartel Damages

Veljanovski, Cento - 2021

This chapter sets out the principles and emerging practice governing cartel damages in the EU and UK. It identifies the types of damages available; the issue surrounding causation, pass-on, volume effects, and mitigation; and the methods that have been be used to estimate overcharges, volume...

Persistent link: https://www.econbiz.de/10013212073

Beyond the Dogma of the Fixed Book Price Agreement

van der Ploeg, Rick - 2021

Persistent link: https://www.econbiz.de/10013319915

Sequential Competition and Innovation

Blatt, Julien - 2018

There is not a day goes by without a passionate debate concerning Big Tech companies; while the main concern of governments seems to be related to social justice, a growing worry is associated with the consequences that large firms have on consumer welfare; nowadays these big entities engage in...

Persistent link: https://www.econbiz.de/10012915369