A common approach to merger simulations used in antitrust cases is to calibrate demand from market shares and a few additional parameters. When the products involved in the merger case are differentiated along several ...

In this paper we investigate the relationship between news sources and media firms. Although empirically important, this channel for supply-driven media bias has not previously been analyzed in economics literature. We ...

According to existing theory, the introduction of a private label has an ambiguous effect on the prices of competing national brands. We undertake an empirical analysis of the effects of private label entry on national ...

We consider a model of strategic informative advertising where the advertising is done on TV and where the TV channels' advertising prices are endogenously determined. We discuss how these prices, and the advertising firms' ...

The purpose of this article is to study the effects of an acquisition in an energy system dominated by hydropower and with temporary bottlenecks. We apply a model with four markets: two regions and two time periods. It is ...

I Skaar og Sørgard (2002) konkluderte vi med at den samfunnsøkonomiske lønnsomheten av et oppkjøp i et vannbasert kraftsystem er tvetydig i en situasjon med temporære flaskehalser og gitt total produksjon. von der Fehr ...

We analyze two-part tariffs in an oligopoly, where each firm commits to a quantity and a fixed fee prior to the determination of unit prices. In the case of homogeneous consumers, Harrison and Kline (2001) showed that the ...

This study develops and uses a successive oligopoly model, with an unobservable non-linear tariff between upstream and downstream firms, to analyze the possible anti-competitive effects of an upstream merger. We find that ...

We consider the effects of a one-sided price regulation of one of two complementary inputs. The provider of the regulated component is a domestic firm, while the provider of the other component is a foreign firm. This ...