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Multimarket Competition and Welfare Effects of Price discrimination
(2011-11)
The paper investigates the effects on welfare of price discrimination when a multimarket seller faces competition in one of its two markets. With respect to uniform pricing, price discrimination changes competition in such ...
Welfare Effects of Third-Degree Price Discrimination: Ippolito Meets Schmalensee and Varian
(2011-10)
Based on a pioneering work by Ippolito (1980) we construct a simple model wich allows the welfare effects of third-degree price discrimination to be well understood and explained. The decomposition of the change in welfare ...
Endogenous Timing in a Mixed Duopoly: Wighted Welfare and Price Competition
(2011)
In this paper we analyse the endogenous order of moves in a mixed duopoly for differentiated goods. Firms choose whether to set prices sequentially or simultaneously. The private firm maximises profits while the public ...
Monopoly price discrimination with constant elasticity demand
(Departamento de Fundamentos del Análisis Económico I, 2013-11)
This paper presents new results on the welfare e¤ects of third-degree price discrimination under constant elasticity demand. We show that when both the share of the strong market under uniform pricing and the elasticity ...
On the economics of the "meeting competition defense" under the Robinson-Patman Act
(Departamento de Fundamentos del Análisis Económico I, UPV/EHU, 2015-02-19)
In this paper we analyze the welfare effects of third-degree price discrimination when competitive pressure varies across markets. In particular, we study the economic aspects of the Robinson-Patman Act associated with the ...
Countervailing incentives in adverse selection models. A synthesis
(Departamento de Fundamentos del Análisis Económico I, UPV/EHU, 2014-12)
In this paper we propose a simple method of characterizing countervailing incentives in adverse selection problems. The key element in our characterization consists of analyzing properties of the full information
problem. ...
Do Mayoritarian Electoral Rules Favour Larger Industries in the Economy
(Departamento de Fundamentos del Análisis Económico I, UPV/EHU, 2016)
Electoral rules translate votes into seats on different basis. Politicians respond differently to alternative electoral rules, and consequently, economic performance is expected to vary across rules. This paper empirically ...
Partial Privatization of State Holding Corporations
(Departamento Fundamentos del Análisis Económico I, 2016-06)
We consider a state holding corporation with two plants that may produce complement or substitute goods and that compete with one or two private firms. We find that the government partially privatizes the two plants of the ...
Relocation and Investment in R&D by Firms
(2011)
The literature on foreign direct investment has analyzed firms’ location decisions when they invest in R&D to reduce production costs. Such firms may set up new plants in other developed countries while maintaining
their ...
Partial cross-ownership and strategic environmental policy
(2011)
This paper analyzes the effect that passive investment in rival firms has on the setting of cooperative and non-cooperative environmental taxes. We consider two firms located in different countries, one of which owns a ...