This paper develops a general two-period model of product line pricing with customer recognition. Specifically, we consider a monopolist who can sell vertically differentiated products over two periods to heterogeneous consumers. Each consumer demands one unit of the product in each period. In...

We analyse how the internal organisation of firms affects the correspondence between private and social incentives for horizontal merger. Applying a model of endogenous merger formation in a three-firm asymmetric Cournot industry, we contrast the cases of entrepreneurial and managerial firms....

This paper reviews the main contributions of the literature regarding the effects of direct price discrimination within the Hotelling model. Moreover, we introduce an asymmetric Hotelling model and we show that the assumption of spatial asymmetry between firms is likely to alter the implications...