market is monopoly, and study the quality decision and the pricing of the durable goods monopolist whose first …

the intensity of network effects, and that a discriminating monopoly may supply larger quantities for all consumers than a …

This paper presents a model of price screening for goods with network effects, by a monopoly seller, and by an entry …

derive implications for monopoly profits, consumer welfare and the path of prices (Coase conjecture). We conclude that time … inconsistency will reduce monopoly profits and the welfare of all consumers, except of the highest valuation ones. Moreover, with …

Wilson (1987) criticizes the existing literature of game theory as relying too much on common-knowledge assumptions. In … mechanisms. However, there has been little theory behind this approach. In particular, it has not been made clear why employing … filling this void. We propose a potential theory, known as the {\it maxmin} theory, which postulates that a {\it cautious …