In a model of contractual inefficiencies due to double-marginalization, we analyze the practice of tied rebates that …

Asymmetric information in procurement entails double marginalization. The phenomenon is most severe when the buyer has …. Vertical integration eliminates double marginalization and reduces the likelihood that the buyer purchases from independent …

welfare-enhancing entry. The anti-competitive effects arise from the seemingly pro-competitive elimination of double … marginalization. We relate our model to hybrid platforms and, in particular, Apple's App store. …

welfare-enhancing entry. The anti-competitive effects arise from the seemingly pro-competitive elimination of double … marginalization. We relate our model to hybrid platforms and, in particular, Apple's App store. …