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We examine auction data to determine if bid rigging presents in procurement auctions for paving works in Ibaraki City …
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In this paper we analyse scoring auctions with general non-quasilinear scoring rules. We assume that cost function of … the following. (i) Equilibria in scoring auctions can be computed without any endogeneity problems and we get explicit … first-score and second-score auctions. (iii) We show that such properties and rankings depend on the curvature properties of …
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The paper explains why some firms transfer their technology to competitors without direct compensation. We consider a Hotelling market where duopolists sell products with different qualities. This market consists of heterogeneous consumers, comprising two groups in terms of their valuations of...
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The paper investigates how competition between two multiproduct downstream firms in vertical relationships affects horizontal relationships: competitor collaboration and performance difference. When the upstream market consists of exclusive suppliers, the efficient firm may have incentive for...
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This study constructs a model of anticompetitive exclusive contracts in the presence of complementary inputs. A downstream firm transforms multiple complementary inputs into final products. When complementary input suppliers have market power, upstream competition within a given input market...
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