The economics of copyright levies on hardware
Essential patents, FRAND royalties and technological standards
Standard Setting Organizations have developed FRAND agreements in order to prevent firms from holding up other participants once a standard is created. We analyze here the …
mathias-dewatripont
A price theory of vertical and lateral integration
Trade liberalization and organizational change
We embed a simple incomplete-contracts model of organization design in a standard two-country perfectly-competitive trade model to examine how the liberalization of product and …
paola-conconi
Rock and roll bands,(in) complete contracts, and creativity
Members of a rock and roll band are endowed with different amounts of creativity. They match, compose songs, and share credit. The presence of more creative members increases the …
cdric-ceulemans
On the incidence of commissions in auction markets
We analyze the welfare consequences of an increase in the commissions charged by intermediaries in auction markets. Commissions are similar to taxes imposed on buyers and sellers, …
victor-ginsburgh
Co-ranking mates: Assortative matching in marriage markets
We show that co-ranking is the necessary and sufficient condition for assortative matching with strictly nontransferable utility. This condition is equivalent to the GID condition …
Pricing of scientific journals and market power
We analyze the empirical relationship between journal prices, their quality measured by their citation counts, their age, as well as conduct of publishers. The database covers 22 …
mathias-dewatripont