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pro vyhledávání: '"Serge Moresi"'
Autor:
Serge Moresi, Marius Schwartz
Publikováno v:
International Journal of Industrial Organization. :102951
Autor:
Serge Moresi
Publikováno v:
SSRN Electronic Journal.
We consider an upstream firm U that supplies a key input to two symmetric downstream firms, A and B, that sell differentiated products. U negotiates bilaterally with A and B over a linear input price, and A and B set output prices. We assume Nash-in-
Autor:
Marius Schwartz, Serge Moresi
Publikováno v:
SSRN Electronic Journal.
A vertical merger between a firm and an input supplier to that firm can generate efficiencies by eliminating double marginalization or alleviating other contracting inefficiencies. However, when the supplier also sells to that firm’s rivals, a key
Autor:
Serge Moresi, Marius Schwartz
Publikováno v:
SSRN Electronic Journal.
We consider differentiated duopolists facing symmetric linear demands and using Cobb-Douglas technologies with two inputs: a monopolized input and a competitively supplied input. Unlike with fixed-proportions technologies, a merger between the input
Autor:
Serge Moresi, Steven C. Salop
Publikováno v:
SSRN Electronic Journal.
This comment responds to the request by the Federal Trade Commission and the Department of Justice’s Antitrust Division for public comment on the draft 2020 Vertical Merger Guidelines. In this comment, we show that there is an inherent loss of an i
Autor:
Serge Moresi, Steven C. Salop
Publikováno v:
SSRN Electronic Journal.
This article explains the inherent loss of an indirect competitor and reduction in competition when a vertical merger raises input foreclosure concerns. We then calculate a measure of the effective increase in the HHI measure of concentration for the
Autor:
Serge Moresi, Marius Schwartz
Publikováno v:
International Journal of Industrial Organization. 51:137-161
We consider a vertically integrated input monopolist supplying to a differentiated downstream rival. With linear input pricing, at the margin the firm unambiguously wants the rival to expand—unlike standard oligopoly with no supply relationship—f
Autor:
Serge Moresi, Hans Zenger
Publikováno v:
Economics Letters. 170:136-138
Most quantitative tools for assessing competitive effects of mergers rely heavily on recapture ratios (also known as aggregate diversion ratios). Recapture ratios measure the proportion of customers switching away from a product that is captured by o
Publikováno v:
Journal of Competition Law and Economics. 9:23-47
On March 20, 2011, wireless provider AT&T announced its intention to merge with T-Mobile USA, a competing wireless provider. This article reviews the economic analysis of this proposed acquisition that we carried out for Sprint and explains why the m
Autor:
Serge Moresi, Marius Schwartz
We consider an unregulated, vertically integrated input monopolist that supplies to a differentiated downstream rival. With linear input pricing, the integrated firm unambiguously wants to induce expansion by the rivalÑthe opposite incentive from th
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=od_______645::91c3295061fad7daf36611c5c63aa153
http://mariusschwartz.com/Home/documents/MoresiSchwartzVIStrategicIncentives6-15-2015WPlatest.pdf
http://mariusschwartz.com/Home/documents/MoresiSchwartzVIStrategicIncentives6-15-2015WPlatest.pdf