G2TT
来源类型Discussion paper
规范类型论文
来源IDDP3561
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
URLhttps://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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