Competition with product rivalry is examined in a model where products are differentiated by both quality and brand name. With no commitment, firms produce a full product line.
The design of monopoly pricing strategies is examined in a general framework with an unknown population distribution of consumer characteristics and downward-sloping, multi-unit consumer demand.
This paper employs an event study to analyze the effect of the 1981 voluntary export restraint (VER) agreements on profits in the Japanese automobile industry.
The extent of competition generally determines both the location and the extent of distortions due to information asymmetries.
Econometric analysis of the skew of price change distributions for an eighty industry sample over an eleven year period indicates that the distributions are less skewed in times of rapidly changing pr
In December 1985, a fine was imposed on the Dutch multinational AKZO for predatory abuse of a dominant position.
Although geographical concentrations of retail firms facilitate search, such concentrations also increase wasteful travel by consumers.