Zobrazeno 1 - 10
of 15
pro vyhledávání: '"Nicolas Schutz"'
Autor:
João Montez, Nicolas Schutz
Publikováno v:
The Review of Economic Studies. 88:2407-2438
We study production in advance in a setting where firms first source inventories that remain unobservable to rivals, and then simultaneously set prices. In the unique equilibrium, each firm occasionally holds a sale relative to its reference price, r
Publikováno v:
Journal of Industrial Economics
Journal of Industrial Economics, Wiley, 2020, 67 (3-4), pp.484-514. ⟨10.1111/joie.12204⟩
Journal of Industrial Economics, Wiley, 2020, 67 (3-4), pp.484-514. ⟨10.1111/joie.12204⟩
We develop a model of vertical merger waves leading to input foreclosure. When all upstream firms become vertically integrated, the input price can increase substantially above marginal cost despite Bertrand competition in the input market. Input for
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::ad3ace5391f243713700819c4023ed93
https://hal.archives-ouvertes.fr/hal-03330587/file/draft-mergers-final-JINDEC-Style.pdf
https://hal.archives-ouvertes.fr/hal-03330587/file/draft-mergers-final-JINDEC-Style.pdf
Autor:
Nicolas Schutz, Volker Nocke
Publikováno v:
Econometrica. 86:523-557
This paper introduces a new class of demand systems to study oligopolistic pricing games with multiproduct rms. We focus on the class of demand systems that can be derived from discrete/continuous choice with iid type 1 extreme-value taste shocks. We
Autor:
Nicolas Schutz, Volker Nocke
Publikováno v:
Journal of Economic Theory. 169:603-628
Applied researchers often work with demand systems that do not depend on income, with the implicit assumption that preferences are quasi-linear and income sufficiently large. The classic approach to the integrability of demand does not readily apply
Autor:
Nicolas Schutz, Philipp Schmidt-Dengler, Dieter Pennerstorfer, Biliana Yontcheva, Christoph R. Weiss
We examine the relationship between information and price dispersion in the retail gasoline market. We first show that the clearinghouse models in the spirit of Stahl (1989) generate an inverted-U relationship between information and price dispersion
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::5594fd436bf09aed594c845e7c8ddbcf
Wiley Online Library
Wiley Online Library
Publikováno v:
International Journal of Industrial Organization. 50:415-429
This paper surveys the literature on merger policy in open economies. We first adopt a reduced-form approach to derive general insights on the scope for conflict between national antitrust authorities and on the gains from international merger policy
Autor:
Nicolas, Schutz
Publikováno v:
Journal of Integrated Creative Studies. 2016:1-5
This document is a report on my stay as a visiting fellow at the Kyoto Institute of Economic Research (KIER), financed by the International Research Unit of Advanced Future Studies. I describe my scientific activity at KIER, and provide a non-technic
Autor:
Volker Nocke, Nicolas Schutz
Using an aggregative games approach, we analyze horizontal mergers in a model of multiproduct-firm price competition with nested CES or nested logit demands. We show that the Herfindahl index provides an adequate measure of the welfare distortions in
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::626fe2b728b8db0ae023ff03760d1dc0
https://doi.org/10.3386/w24578
https://doi.org/10.3386/w24578
Autor:
Nicolas Schutz, Volker Nocke
Publikováno v:
Journal of Economic Theory. 175:e1-e2
Publikováno v:
The Journal of Industrial Economics. 59:677-713
We propose a model of two-tier competition between vertically integrated firms and unintegrated downstream firms. We show that, even when integrated firms compete in prices to offer a homogeneous input, the Bertrand logic may collapse, and the input