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We examine conditions under which a platform firm can exclude rivals by bundling a product that some on one side of the market regard as essential with its platform, and pursue implications for market performance. We show that the impact of an exclusive dealing contract between the upstream firm...
Persistent link: https://www.econbiz.de/10010571496
We examine conditions under which a platform firm can exclude rivals by bundling a product that some on one side of the market regard as essential with its platform, and pursue implications for market performance. We show that the impact of an exclusive dealing contract between the upstream firm...
Persistent link: https://www.econbiz.de/10008642293
We examine conditions under which a platform ?rm can exclude rivals by bundling a product that some on one side of the market re- gard as essential with its platform, and pursue implications for market performance. We show that the impact of an exclusive dealing con- tract between the upstream...
Persistent link: https://www.econbiz.de/10008646756
we are able to obtain a necessary and sufficient condition for existence that requires an equilibrium price vector to … satisfy finitely many inequalities. A necessary and sufficient condition for the existence of market equilibrium when the …
Persistent link: https://www.econbiz.de/10005537388
This paper establishes the existence of a stationary equilibrium and a procedure to compute solutions to a class of …
Persistent link: https://www.econbiz.de/10005543401
large class of private value auctions, ties never occur in the equilibrium of the augmented game. This establishes existence …
Persistent link: https://www.econbiz.de/10005482062
We show existence of equilibria in istributional strategies for a wide class of private value auctions, including the … first general existence result for double auctions. The set of quilibria is invariant to the tie-breaking rule. The model … involves a positive volume of trade. The existence proof establishes new connections among existence techniques for …
Persistent link: https://www.econbiz.de/10005482216
the existence of optimal contracts. We also show that the first-order approach is valid in generalized agency problems if …
Persistent link: https://www.econbiz.de/10005370610
for the existence of market equilibrium. We assume that the production functions of the profit maximizing agents are …
Persistent link: https://www.econbiz.de/10005407584
In the standard CAPM with a riskless asset we prove existence of equilibria without assuming concavity of the investor …
Persistent link: https://www.econbiz.de/10004968125