The issue of Competitive Balance is a central issue in the literature on the economics of professional sports. The basic idea is that the managers of professional sports leagues must maintain a certain level of competitive balance in their league if they want it to remain attractive (Rottenberg...

In this note, we focus on the measure of Competitive Balance in a sport league when the size of the league varies. We construct a Competitive Balance index defined as the ratio of the actual standard deviation to the maximal standard deviation, the value of the denominator depending on the size...

We analyze the strategic use of the debt in a duopoly model of Cournot competition. We consider a two stage model where debt acts as a commitment variable and we characterize subgame perfect equilibria. We differ from several models based on the strategic value of the debt such as Wanzenried...

This paper analyses the profitability of horizontal mergers in a Stackelberg model and their impact on welfare when there is uncertainty about the marginal costs of the newly merged firms. The authors consider that the merging firms decide their production strategy knowing the actual value of...

Some path-breaking work on mergers takes efficiency gains for granted, or assumes that firms have perfect knowledge when taking merger decisions. In practice, firms and competition authorities cannot know exact future efficiency gains, prior to merger consummation. This paper analyzes horizontal...

The aim of this paper is to present, to analyze and to compare models in the field of industrial organization in which firms can strategically use their debt in order to influence the market structure or the degree of competition within the industry. The original feature of this particular trend...

<!--Début du contenu @xml:lang="en"-->?This article examines the influence of a private entrant? nationality upon its choice of market penetration when the incumbent (state-owned firm) is in charge of the Universal Service Obligations. ?<!--Fin du contenu @xml:lang="en"-->We compare the area of coverage freely chosen by each type of entrant to those that would prevail...