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A multinational firm sets the price that applies tointra-firm trade between the firm's affiliates at a central level,but delegates decisions about national prices (or quantities)to national affiliates. When these affiliates encounter competitionit is shown that delegation of authority and the...
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Two producers delegate sales of differentiated products to common retailers, each with a monopoly position. Each producer can offer either a linear or a two-part tariff. In the single-period game each producer's dominant strategy is to use a two-part tariff. If the two producers' products are...
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This paper sheds light on the strategy of two entrants in the Norwegian cement market, where both started importing cement. One entrant was an initial consumer of the incumbent's product and, thus, imported for own consumption. The author demonstrates that this type of entrant will undertake a...
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