| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP3561 |
| DP3561 Why the Link Between Volatility and Growth is Both Positive and Negative | |
| Jean Imbs | |
| 发表日期 | 2002-09-20 |
| 出版年 | 2002 |
| 语种 | 英语 |
| 摘要 | Rasmusen et al. (1991) and Segal and Whinston (2000) show that an incumbent monopolist might exclude entry of a more efficient competitor, by exploiting externalities among buyers. We show that their results hold only when downstream competition among buyers does not exist or is weak enough. Under fierce downstream competition, the incumbent cannot compensate a deviant buyer who buys from the more efficient entrant. Any such buyer will become more competitive and increase their output ? thus triggering entry ? and profits at the expense of buyers who sign an exclusive deal with the incumbent. Hence, exclusive deals cannot deter efficient entry. |
| 主题 | Industrial Organization |
| 关键词 | Anticompetitive behaviour Foreclosure Buyers' coordination |
| URL | https://cepr.org/publications/dp3561 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/532567 |
| 推荐引用方式 GB/T 7714 | Jean Imbs. DP3561 Why the Link Between Volatility and Growth is Both Positive and Negative. 2002. |
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