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19 mars 2012
18 mars 2012
14 mars 2012
Helmuth Cremer, Philippe De Donder, Paul Dudley et Frank Rodriguez
n° 12-298, 13 mars 2012
We build a model where two banks compete for the patronage of consumers by offering them, among other services and products, two forms of transactional media: paper statements and electronic substitutes. Both banks and both products are horizontally differentiated and modeled à la Hotelling(1929)....
Paul Seabright
7 mars 2012
Augustin Landier et David Thesmar
Fabian Bergès et Sylvette Monier-Dilhan
n° 12-277, février 2012
This article analyzes the effects of international trade policies on an imperfect competitive domestic market, taking into account not only consumers but also upstream and downstream firms. We first study the impact of a classic import tax decrease and we find that upstream firms are harmed and...