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Growth effects of non proprietary innovation

Saint-Paul, Gilles - 2002

by a monopoly owned by the inventor. We show that philanthropy does not necessarily increase long-run growth and that it …

Persistent link: https://www.econbiz.de/10011409970

Local search markets and external competition

Legros, Patrick; Stahl, Konrad - 2019

crowds out local variety. Under local monopoly, local buyer surplus co-moves with external buyer surplus. Under local free … surplus is better provided by local monopoly. …

Persistent link: https://www.econbiz.de/10012026420

Taxation and market power

Konrad, Kai A.; Morath, Florian; Müller, Wieland - 2009

We analyze the incidence and welfare effects of unit sales taxes in experimental monopoly and Bertrand markets. We find … consumers, independent of whether buyers are automated or human players. In monopoly markets, a monopolist bears a large share … presence of human buyers constrains the pricing behavior of a monopolist. -- tax incidence ; monopoly ; Bertrand competition …

Persistent link: https://www.econbiz.de/10003923092

Doubling back on double marginalization

Linnemer, Laurent - 2022

monopoly model. Yet, it is worth wondering why the most cited paper on this issue is nowadays Spengler (1950) which contains …

Persistent link: https://www.econbiz.de/10012801572

Advance-purchase financing of projects with few buyers

Sahm, Marco - 2015 - This version: October 8, 2015

I investigate a simple model of advance-purchase contracts as a mode of financing costly projects. The analysis can easily be reinterpreted as a model of the monopolistic provision of excludable public goods under private information. An entrepreneur has to meet some capital requirement in order...

Persistent link: https://www.econbiz.de/10011350183

Shareholder liability and bank failure

Aldunate, Felipe; Jenter, Dirk; Korteweg, Arthur; … - 2021

Does enhanced shareholder liability reduce bank failure? We compare the performance of around 4,200 state-regulated banks of similar size in neighboring U.S. states with different liability regimes during the Great Depression. The distress rate of limited liability banks was 29% higher than that...

Persistent link: https://www.econbiz.de/10012584232

Limit pricing and the (in)effectiveness of the carbon tax

Andrade de Sá, Saraly; Daubanes, Julien - 2014

Demand for oil is very price inelastic. Facing such demand, an extractive cartel induces the highest price that does not destroy its demand, unlike the conventional Hotelling analysis: the cartel tolerates ordinary substitutes to its oil but deters high-potential ones. Limit-pricing equilibria...

Persistent link: https://www.econbiz.de/10010428773

Privacy regulations, consumer empowerment, and versioning

Choe, Chongwoo; Cong, Jiajia; Matsushima, Noriaki; … - 2025

preferences for the service and privacy costs incurred when sharing data with the firm. In a monopoly, the firm is better off …

Persistent link: https://www.econbiz.de/10015339880

Export or merge? : proximity vs. concentration in product space

Muendler, Marc-Andreas - 2013

This paper proposes a proximity-concentration tradeoff in product space as a determinant of horizontal foreign direct investment (FDI). Firms that enter a foreign market by exporting are able to capture consumer surplus from introducing a differentiated product with characteristics that the...

Persistent link: https://www.econbiz.de/10010227197

Market power of the input supplier, technology transfer and consumer welfare

Cao, Jiyun; Mukherjee, Arijit - 2014

It is believed that market power of the input supplier, charging a linear price, is detrimental for the consumers since it creates the double marginalisation problem. We show that this view may not be true if the final goods producers can adopt strategies to reduce rent extraction by the input...

Persistent link: https://www.econbiz.de/10010438381