Zobrazeno 1 - 10
of 64
pro vyhledávání: '"Leslie M. Marx"'
Autor:
Simon Loertscher, Leslie M. Marx
Publikováno v:
Games and Economic Behavior. 137:68-90
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::3737aefe501af5837fd4090c5c873c03
https://doi.org/10.1016/j.geb.2022.10.013
https://doi.org/10.1016/j.geb.2022.10.013
Autor:
Simon Loertscher, Leslie M. Marx
Publikováno v:
Review of Economic Design. 26:385-415
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::cd87b551c825a8cd20b4e4561e0b6a53
https://doi.org/10.1007/s10058-022-00305-7
https://doi.org/10.1007/s10058-022-00305-7
Autor:
Simon Loertscher, Leslie M. Marx
Publikováno v:
The Antitrust Bulletin. 67:434-441
In vertical contracting models with complete information and linear prices, double markups that arise between independent firms provide an efficiency rationale for vertical mergers since these eliminate double markups (EDM). However, the double marku
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::412640a3a1bd388138afb2bf1c5cb55f
https://doi.org/10.1177/0003603x221103115
https://doi.org/10.1177/0003603x221103115
Incomplete Information Bargaining with Applications to Mergers, Investment, and Vertical Integration
Autor:
Simon Loertscher, Leslie M. Marx
Publikováno v:
American Economic Review. 112:616-649
We provide an incomplete information bargaining framework that captures the effects of differential bargaining power in markets with multiple buyers and multiple suppliers. The market is modeled as a mechanism that maximizes the expected weighted wel
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::0059a32a2242b92e4213cfaee61cf1c0
https://doi.org/10.1257/aer.20201092
https://doi.org/10.1257/aer.20201092
Autor:
Simon Loertscher, Leslie M. Marx
Publikováno v:
The Journal of Law and Economics. 64:705-744
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::a35f5377ae78574e575635e19372a2d1
https://doi.org/10.1086/714919
https://doi.org/10.1086/714919
Autor:
Leslie M. Marx, Simon Loertscher
Publikováno v:
Games and Economic Behavior. 120:1-15
Asset markets—institutions that reallocate goods among agents with heterogeneous endowments, demands, and valuations—abound in the real world but have received little attention in mechanism and market design. Assuming constant marginal, private v
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::e90b068b281e0d0a5bf23171e111dfcc
https://doi.org/10.1016/j.geb.2019.12.001
https://doi.org/10.1016/j.geb.2019.12.001
Autor:
Simon Loertscher, Leslie M. Marx
Publikováno v:
Journal of Political Economy. 127:2967-3017
We analyze the competitive effects of mergers in markets with buyer power. Using mechanism design arguments, we show that without cost synergies, mergers harm buyers, regardless of buyer power. How...
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::ff3403a88782db07678bd26190b69855
https://doi.org/10.1086/702173
https://doi.org/10.1086/702173
Autor:
Simon Loertscher, Leslie M. Marx
Publikováno v:
The Japanese Economic Review. 70:346-366
We consider the effects of a merger combined with a divestiture that mixes and matches the assets of the two pre-merger suppliers into one higher-cost and one lower-cost post-merger supplier. Such mix-and-match transactions leave the number of suppli
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::8015fa6d7e19c5a3fb68d84a0ac46916
https://doi.org/10.1111/jere.12237
https://doi.org/10.1111/jere.12237
Publikováno v:
Journal of Economic Theory. 179:416-454
Previous literature has shown that private information is a transaction cost that prevents efficient reallocation in two-sided setups with bilateral trade or homogeneous goods. We derive conditions under which the impossibility of efficient trade ext
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::176761e050849165cb7cd46f391ade20
https://doi.org/10.1016/j.jet.2018.11.004
https://doi.org/10.1016/j.jet.2018.11.004
Autor:
Nathan Miller, Steven T. Berry, Fiona M. Scott Morton, Jonathan B. Baker, Timothy F. Bresnahan, Martin Gaynor, Richard Gilbert, George Alan Hay, Ginger Zhe Jin, Bruce H. Kobayashi, Francine Lafontaine, James A. Levinsohn, Leslie M. Marx, John W. Mayo, Aviv Nevo, Ariel Pakes, Nancy L. Rose, Daniel L. Rubinfeld, Steven C. Salop, Marius Schwartz, Katja Seim, Carl Shapiro, Howard A. Shelanski, David S. Sibley, Andrew Sweeting
Publikováno v:
SSRN Electronic Journal.
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::996962f188d1991aa8e090d7efd7523d
https://doi.org/10.2139/ssrn.3974267
https://doi.org/10.2139/ssrn.3974267