Results 11 to 20 of about 87,873 (46)
On Communication and Collusion
, 2016 We study the role of communication within a cartel. Our analysis is carried out in Stigler's (1964) model of repeated oligopoly with secret price cuts. Firms observe neither the prices nor the sales of their rivals.
Yu Awaya, V. Krishna
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Should They Compete or Should They Cooperate? The View of Agency Theory
Journal of Economic LiteratureWhat is the most efficient way of designing incentives in an organization? Over the past five decades, agency theory has provided various answers to this crucial question.
Pierre Fleckinger, D. Martimort, N. Roux
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Test Design and Minimum Standards
The American Economic Review, 2019 We analyze test design and certification standards when an uninformed seller has the option to generate and disclose costly information regarding asset quality.
P. DeMarzo +2 more
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Coordination in the Fight against Collusion
American Economic Journal: MicroeconomicsWhile antitrust authorities strive to detect, prosecute, and thereby deter collusive conduct, entities harmed by that conduct are also advised to pursue their own strategies to deter collusion.
Elisabetta Iossa +3 more
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How Antitrust Enforcement Can Spur Innovation: Bell Labs and the 1956 Consent Decree
American Economic Journal: Economic Policy, 2017 Is compulsory licensing an effective antitrust remedy to increase innovation? To answer this question, we analyze the 1956 consent decree that settled an antitrust lawsuit against Bell, a vertically integrated monopolist charged with foreclosing the ...
M. Watzinger +3 more
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Revue d' Economie politique, 2019 This article conducts a detailed analysis of the concept of economic dependence and exploitative abuse based on how their treatment in competition law and economics and their enforcement in European case law have evolved.
P. Bougette, Oliver Budzinski, F. Marty
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Differentiated Durable Goods Monopoly: A Robust Coase Conjecture
The American Economic Review, 2019 The paper analyzes a durable goods monopoly problem in which multiple varieties can be sold. A robust Coase conjecture establishes that the market eventually clears, with profits exceeding static optimal market-clearing profits and converging to this ...
F. Nava, Pasquale Schiraldi
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Sophisticated Bidders in Beauty-Contest Auctions
American Economic Journal: Microeconomics, 2018 We study bidding behavior by firms in beauty-contest auctions, i.e., auctions in which the winning bid is the one that gets closest to some function (average) of all submitted bids.
Stefano Galavotti +2 more
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A Cross-Country Comparison of Market Structures in European Banking
Social Science Research Network, 1999 In order to assess the effect of EMU on market conditions for banks based in countries which adopt the Single Currency, we use the H indicator suggested by Panzar and Rosse (1987).
O. D. Bandt, E. P. Davis, E. P. Davis
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, 2011 We analyze the design of dynamic menus to sell experience goods. The quality of the product is initially unknown, and the total quantity sold in each period determines the amount of information in the market.
A. Bonatti
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