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Government mandated technology transfers from the developer of a product to a second source offer a potential gain of reduced information rents and procurement costs, even when such transfers are otherwise inefficient. This paper models the tradeoff between information extraction and inefficient...
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This paper studies managerial decisions about investment in long-run projects in the presence of imperfect information (the market knows less about such investments than the firm's managers) and short-term managerial objectives (the managers are concerned about the short-term stock price as well...
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This chapter surveys recent theoretical developments in the intersection of price discrimination and imperfect competition, emphasizing how the introduction of competition fundamentally alters some well-established results derived from models of monopoly pricing
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