Showing 1 - 10 of 10
This paper considers the possibility of monopolizing a three-firm industry through acquisition of rivals in the absence of the restrictions imposed by the antitrust authorities. The analysis is conducted in two models: a static and a dynamic model of monopolization by a single buyer. In contrast...
Persistent link: https://www.econbiz.de/10015235276
The article focuses on the emergence and operation of cartels in sectors in which companies differ in terms of production costs. The author shows that stable cartels can operate in sectors made up of enterprises that are heterogeneous in terms of costs and based on price leadership. However,...
Persistent link: https://www.econbiz.de/10015235297
The objective of this paper is to investigate the bargaining over debt rescheduling between a sovereign borrower and a foreign lender in a more general framework than in the preceding literature. We propose a model in which the impact of the bargaining power of the creditor and the debtor can be...
Persistent link: https://www.econbiz.de/10015235684
The aim of this paper is to assess the impact of R&D cartel, full industry cartel, and patents on process innovation of companies, and consumer surplus, and total welfare. The reference scenario is here the Cournot rivalry without patent protection of inventions. In this paper, the quadratic...
Persistent link: https://www.econbiz.de/10015262139
The present article shows and discusses the economic problems of market cartelization, and perceives cartels as objects of public policy and interest. In this paper, the term ‘cartel’ has been profoundly explained and elaborated, and the selected examples of industry cartelization, coming...
Persistent link: https://www.econbiz.de/10015262240
The main objective of this paper is to examine the efficiency of foreign investment borrowing by Poland in the 1970s. That decade was of particular significance in the post-war history of Central and Eastern Europe. For the first time after the World War II, Poland – a major country in the...
Persistent link: https://www.econbiz.de/10015236150
The objective of this paper is to overview the methods of detection and elimination of illegal collusions among firms in the European Union and to evaluate the effectiveness of these methods. The main legal regulations regarding competition were presented, and the key tools of cartel detection...
Persistent link: https://www.econbiz.de/10015249346
The aim of this paper is to analyze selected problems of interfirm R&D cooperation discussed in the industrial organization literature. Analyzed interrelated problems are: (i) stability of interfirm R&D cooperation, (ii) organization of interfirm R&D cooperation, (iii) asymmetries between...
Persistent link: https://www.econbiz.de/10015252733
The main objective of this paper is to investigate the impact of R&D cooperation on cartel formation in the product market. The R&D expenditures that precede the production process are aimed at the reduction of the unit manufacturing costs, and could create positive externalities for the...
Persistent link: https://www.econbiz.de/10015253095
The objective of this paper is to show the necessity of reviving the debate on the economic justifications for patent protection. On the one hand, we see the need for the assessment of the overall welfare consequences of the existing systems of patent protection, and on the other hand, we...
Persistent link: https://www.econbiz.de/10015253098