Showing 1 - 5 of 5
This paper analyses price competition under product differentiation when goods are defined ina two dimensional characteristic space, and consumers do not know which firm sells whichquality. Equilibrium prices consist of two additive terms, which balance consumers' relativevaluation of goods'...
Persistent link: https://www.econbiz.de/10005868687
We analyse firms' incentives to provide two-way compatibility between two network goodswith different intrinsic qualities. We study how the relative importance of verticaldifferentiation with respect to the network effect influences the price competition as well as thecompatibility choice. The...
Persistent link: https://www.econbiz.de/10005868733
In this paper, we propose an example of successive oligopolies where the downstream firmsshare the same decreasing returns technology of the Cobb-Douglas type. We stress thedifferences between the conclusions obtained under this assumption and those resultingfrom the traditional example...
Persistent link: https://www.econbiz.de/10005868680
In this paper we analyze how the technology used by downstream firms can influence inputand output market prices. We show via an example that both these prices increase under adecreasing returns technology while the contrary holds when the technology is constant....
Persistent link: https://www.econbiz.de/10005868754
In a setting of R&D co-opetition we study, by using an all-pay auction approach, howcollaboration affects strategic decisions during a patent contest, and how the latter influences thepossible collaboration network structures the firms can hope to form. The all pay auctionapproach allows us to...
Persistent link: https://www.econbiz.de/10005868500