Das Paper untersucht zwei Fragen: (1) Wann hat ein Stromnetzbetreiber, der zugleich im nachgelagerten Strommarkt tätig ist (vertikal integrierter Netzbetreiber), einen Anreiz, durch diskriminierende Festsetzung von Netznutzungsentgelten die Konkurrenz im Strommarkt zu behindern? (2) Kann eine...

The Condorcet jury-theorem is derived from the implicit assumption that jury members may only commit one type of error. In binary decision situations however, two error types may occur, the probability of which is independent of each other. Taking this into account leads to a generalization of...

The purpose of the paper is (1) to analyze the incentives for a vertically integrated input monopolist to engage in price-discrimination when there is downstream entry, and (2) to examine the question, whether a cost-based regulation of access charges for electricity grids promotes competition...

The purpose of the paper is to derive the welfare implications of a regulation of access charges for electricity grids taking the costs of transmission as a benchmark. It shows that a cost-based regulation is second-best optimal only if the incumbent is much more efficient in the downstream...

The relationship between the Antitrust Law and the Patent, Copyright and other Intellectual Property (IP) Laws has perplexed antitrust scholars and practitioners for a long time. Intellectual property and antitrust regimes both seek to advance the economic well-being of society. However, whereas...

Recently, Chr. Mantzavinos proposed a new concept for antitrust analysis drawing on theoretical developments in New Institutional Economics and Evolutionary Economics. Criticizing the policy prescriptions based on traditional microeconomics and welfare economics, Mantzavinos pleas for a...

The paper examines the impact of the mandatory warranty intrudced by the EU (1999) both from a theoretical and an empirical perspective. In lemons markets, mandatory warranty may reduce the ability to signal quality by offering a contractual warranty and, therefore, induce market failure....