This article demonstrates the inner relationship between gatekeepers and their complementors and the impact of information sharing on the overall market competition intensity and the economic surplus allocation. Several competition law-based cases are grounded on the incompleteness and...

The digital economy's development poses questions unprecedented in their magnitude in potential market manipulations and manipulations of consumer choices. Deceptive and unfair strategies in consumer law may coexist and mutually reinforce each other with infringements in the field of...

The applicability of the notion of killer acquisition to digital platforms has long been debated. The case of the proceedings brought by the U.S. DoJ against Visa is even more interesting insofar as it makes it possible to illustrate and discuss its different facets ranging from the notion of...

In this article, we investigate the role of keystone players and consider their impact in terms of innovation rate in an industry. To do so, we build a theoretical framework that considers the innovation rate in the context of an industry with one keystone player and then with multiple keystone...

High borrowing costs, limited knowledge and preferences could explain why few Canadianspurchase reverse mortgages, an asset decumulation product that is appealing to those who arehouse-rich but cash-poor. In this paper, we first use an asset pricing model to calculate theactuarial fair costs of...

We propose a model to evaluate the U.K.’s zero-hours contract (ZHC) – a contract that exemptsemployers from the requirement to provide any minimum working hours, and allows workersto decline any workload. We find quantitatively mixed welfare effects of ZHCs. On one handthey unlock job...

We study the dynamics of equilibrium membership of an international environmental agreement aimed at increasing the stock of a global public good such as climate change mitigation.In contrast with previous studies, we assume partial cooperation among signatories, and showthat the coalition size...

We consider an economy in which some taxpayers behave in a Kantian way in their donation behavior while others are Nash players. A Kantian taxpayer holds the norm that any suggested deviation from a proposed equilibrium profile would be adopted by him only if when all members of their community...

This paper revisits trade theory under the Gossenian theme that consumption takes time. Weshow how the substitutability between time-intensive household-produced consumption goodsand time-saving commercially produced consumption goods (which save households’consumption and production time)...

We combine census and establishment-level data for 2001–2017 to study the impact of mass layoffs of big manufacturing plants on city-level population and its composition in Canada. We find that manufacturing plant closures and downsizing leadto a decline in subsequent population growth,...