Built on the location model, this paper studies the rivalry of two firms in an industry through two-part tariffs. It is found that kinky profit functions are responsible for the coincidence of imperfectly competitive equilibrium and cartelization outcome. A duopoly likely results in higher entry...

Built on the location model, this paper studies the rivalry of two firms in an industry through two-part tariffs. It is found that kinky profit functions are responsible for the coincidence of imperfectly competitive equilibrium and cartelization outcome. A duopoly likely results in higher entry...

The main section of the paper analyzes the principles and practice of competition policy for utilities under six headings: price discrimination and cross-subsidy; oligopolistic behaviour; mergers and takeovers; vertical structure; network access pricing; and historical entry barriers. The...

We run a market experiment where subjects take the role of firms and can choose not only their price but also whether to present comparable offers. Firms are faced with artificial demand whereby consumers make mistakes in assessing the net value of products on the market. Some of those consumers...

This paper analyzes the profitability of vertical integration for an upstream monopoly facing a potential competitor. We show that it depends on the technology used by the firm when it integrates. We distinguish two types of technologies : standard technologies used by non-integrated firms, and...

In the present contribution , the concept development of competence and capability-related research from its beginnings in the 1950s to the most recent contributions of the 1990s will be illustrated. Common themes in the different approaches will be highlighted and their idiosyncratic...

This paper centers around the question of ownership of firms and managerial competition and how these affect managers and employees' incentives to invest in human capital. We argue that employees' incentives in human capital investment are affected by both ownership and competition since both...

The emerging field of corporate demography views corporations and industries in a similar way to human or animal individuals and groups. This review essay examines what economists, particularly industrial organization specialists, and corporate demographers can learn from each other. The two...

Consider a market in which firms compete to develop a new product. While most work focuses on a single firm successfully developing the new product, the emphasis here is on possibly multiple firms devloping the new product. Thus, a firm has uncertainty about how many competitors it will face as...

In our study of four industries, we confirmed that there is a relationship between the stage through which the industry is going, thus its level of turbulence, and the nature of cooperative strategies. More specifically it appears in situations of industry reconfiguration, that the smaller, more...