Showing 1 - 10 of 74
We examine auction data to determine if bid rigging presents in procurement auctions for paving works in Ibaraki City …
Persistent link: https://www.econbiz.de/10014217151
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 …
Persistent link: https://www.econbiz.de/10013052249
This study constructs a simplest model to examine anticompetitive exclusive contracts that prevent a downstream buyer from buying input from a new up-stream supplier. Incorporating Nash bargaining into the standard one-buyer-one-supplier framework in the Chicago School critique, we show a...
Persistent link: https://www.econbiz.de/10011564958
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...
Persistent link: https://www.econbiz.de/10011421472
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...
Persistent link: https://www.econbiz.de/10011421483
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...
Persistent link: https://www.econbiz.de/10011421490
In Japan, TV platforms regulate themselves as to the length of the advertisements they air. Using modified Hotelling models, we investigate whether such self-regulation improves consumer and social welfare or not. When all consumers choose a single TV program (the utility functions of consumers...
Persistent link: https://www.econbiz.de/10010332191
This paper analyzes platforms and rejections in two-sided markets with network externalities, using the specific context of a payment card association. We study the cooperative antitrust determination of the interchange fee by member banks. We use a framework in which banks and merchants may...
Persistent link: https://www.econbiz.de/10010332223
We investigate the incentive and the welfare implications of a merger when heterogeneous oligopolists compete both in process R&D and on the product market. We examine how a merger affects the output, investment, and profits of firms, whether firms have merger incentives, and, if so, whether...
Persistent link: https://www.econbiz.de/10010332309
We investigate the effect of banning resale-below-cost offers. There are two retailers with heterogeneous bargaining positions in relation to a monopolistic manufacturer. Each retailer sells two goods: one procured from the monopolistic manufacturer and the other, from a competitive fringe. In...
Persistent link: https://www.econbiz.de/10010332458