G2TT
来源类型Discussion paper
规范类型论文
来源IDDP5481
DP5481 Patents, Imitation and Licensing in an Asymmetric Dynamic R&D Race
Chaim Fershtman; Sarit Markovich
发表日期2006-02-09
出版年2006
语种英语
摘要Centralized markets with large numbers of buyers and sellers are generally thought of as being competitive and well-functioning. However, an important role of centralized markets is matching heterogeneous products, such as fish, to buyers of these products. The high level of differentiation in the Fulton fish market and the institutional structure at the Fulton market has led to patterns of behaviour that suggest imperfect competition and market segmentation. At times in the past, the repeated nature of price setting and extensive knowledge of the sellers may have created the basis for tacit collusion and allowed the dealers to gather economic rents by exploiting the different elasticities and buying patterns. Additional economic rents at the market were created by subsidized rents and lax regulation created fertile ground for organized crime to operate.
主题Industrial Organization
关键词Markets Pricing Imperfect competition Fish
URLhttps://cepr.org/publications/dp5481
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/534351
推荐引用方式
GB/T 7714
Chaim Fershtman,Sarit Markovich. DP5481 Patents, Imitation and Licensing in an Asymmetric Dynamic R&D Race. 2006.
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