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Posted Prices and Bargaining : The Case of Monopoly

King, Stephen P. - 2014

encourage buyers to bargain. The posted price not only exceeds the monopoly price, it can be higher than the price a seller …

Persistent link: https://www.econbiz.de/10013052738

Exclusive contracts and bargaining power

Kitamura, Hiroshi; Matsushima, Noriaki; Sato, Misato - 2016

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/10011530227

Durable-Goods Monopoly : Laboratory Market and Bargaining Experiments

Reynolds, Stanley S. - 2000

Results from single-period monopoly experiments (nondurable environment) are compared with results from multiperiod … experiments that have features of a durable-goods environment. Average prices were below the static monopoly benchmark price in …

Persistent link: https://www.econbiz.de/10014156184

Optimal Mechanism Design with Resale Via Bargaining

Zhang, Jun - 2016

In this paper, we examine the optimal mechanism design of selling an indivisible object to one regular buyer and one publicly known buyer, where inter-buyer resale cannot be prohibited. The resale market is modeled as a stochastic ultimatum bargaining game between the two buyers. We fully...

Persistent link: https://www.econbiz.de/10012989366

Multiemployer Bargaining and Monopoly : Labor-Management Collusion and a Partial Solution

Sanders, Anthony B. - 2011

Multiemployer collective bargaining relationships between unions and employer associations easily devolve into legalized cartels. Once unions establish themselves as the bargaining representative for employers’ employees, the employers have much to gain from banding together as an association,...

Persistent link: https://www.econbiz.de/10014200477

Incumbency and R&D Incentives : Licensing the Gale of Creative Destruction

Gans, Joshua; Stern, Scott - 2015

sale ought to take place is natural since the post-innovation monopoly profits are greater than the sum of duopoly profits …

Persistent link: https://www.econbiz.de/10014029132

Negotiated Access to Essential Facilities

Engel, Christoph - 2004

In some industries, monopoly is natural. One provider can serve the relevant demand cheaper than two or more firms. If … the monopoly is not contestable, i.e. not controlled by a credible threat of entry, regulation is necessary. The essential … downstream markets are not themselves natural monopolies. The holder of the monopoly is also himself active on one of these …

Persistent link: https://www.econbiz.de/10014116505

Supersizing : The Illusion of a Bargain and the Right-to-Split

Orzach, Ram - 2018

production costs is of considerable scholarly and policy interest. This article examines a monopoly facing demand functions where …

Persistent link: https://www.econbiz.de/10012917618

Supersizing : The Illusion of a Bargain and the Right-to-Split

Orzach, Ram - 2018

production costs is of considerable scholarly and policy interest. This article examines a monopoly facing demand functions where …

Persistent link: https://www.econbiz.de/10012918026

Exclusive Contracts and Bargaining Power

Kitamura, Hiroshi - 2016

This study constructs a simplest model to examine anticompetitive exclusive contracts that prevent a downstream buyer from buying input from a new upstream 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/10012983550