G2TT
来源类型Discussion paper
规范类型论文
来源IDDP7325
DP7325 The process by which the Dollar will fall: the effect of forward-looking consumers
David Vines; Karlygash Kuralbayeva
发表日期2009-06-14
出版年2009
语种英语
摘要We report experimental results on exclusive dealing inspired by the literature on "naked exclusion.'' Our key findings are: First, exclusion of a more efficient entrant is a widespread phenomenon in lab markets. Second, allowing incumbents to discriminate between buyers increases exclusion rates compared to the non-discriminatory case only when payments to buyers can be offered sequentially and secretly. Third, allowing discrimination does not lead to significant decreases in costs of exclusion. Accounting for the observation that buyers are more likely to accept an exclusive deal the higher is the payment, substantially improves the fit between theoretical predictions and observed behavior.
主题Industrial Organization
关键词Coordination Entry deterrence Exclusive dealing Experiments Externalities Foreclosure
URLhttps://cepr.org/publications/dp7325
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/536156
推荐引用方式
GB/T 7714
David Vines,Karlygash Kuralbayeva. DP7325 The process by which the Dollar will fall: the effect of forward-looking consumers. 2009.
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