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Persistent link: https://www.econbiz.de/10009724974
In this study, we consider the role of a publicly owned platform and programme quality in the free-to-air broadcasting industry. We compare the equilibrium levels of advertising under private and mixed duopoly competition, and show that the connection between programme quality and advertising...
Persistent link: https://www.econbiz.de/10010350364
Persistent link: https://www.econbiz.de/10010424111
Persistent link: https://www.econbiz.de/10009737465
Motivated by the fact that some regulations involve extra costs for those firms at a size beyond a critical threshold, this paper contributes to the analysis of the welfare distortions due to these regulations. In the context of a duopoly, our results show that social welfare is not monotonic...
Persistent link: https://www.econbiz.de/10011980152
We assume a multistage oligopoly wherein a given number of innovators compete by selling their substitutive technologies. Each innovator sequentially and independently chooses how many licenses to sell, and subsequently, all licensees compete à la Cournot in the product market.We show that, in...
Persistent link: https://www.econbiz.de/10015073122
Reaching high levels of artistic creation in a society requires institutions that facilitate the sorting of the most talented individuals of each generation and the development of their skills across artistic careers. This paper takes a professional career approach to analyzing how copyright...
Persistent link: https://www.econbiz.de/10014053065
Can an increasing number of firms exacerbate problems related to asymmetric information on product quality? We analyze the potential trade-off between variety and information using Salop’s (1979) framework by introducing quality uncertainty and a simple information diffusion process. As the...
Persistent link: https://www.econbiz.de/10014188340
Motivated by the fact that some regulations involve extra costs for those firms at a size beyond a critical threshold, this paper contributes to the analysis of the welfare distortions due to these regulations. In the context of a duopoly, our results show that social welfare is not monotonic...
Persistent link: https://www.econbiz.de/10011985525
In this paper we consider the effect of union structure on the adoption of innovation in the context of Cournot duopoly. With a market size large enough we show that the incentive to innovate is higher under a decentralized union structure (with each firm facing its own independent union) than...
Persistent link: https://www.econbiz.de/10005515891