| Titre | L'inefficacité d'une chaîne de monopoles : une étude expérimentale en situation de négociation répétée | |
|---|---|---|
| Auteur | Bernard Ruffieux, Stéphane Robin, Michel Hollard, Alexis Garapin | |
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Revue | Economie et prévision |
| Numéro | no 145, 2000/4 | |
| Page | 1-18 | |
| Résumé anglais |
The inefficiency of a chain of monopolies: an experimental study in a repeated-negotiation
situation by Alexis Garapin, Michel Hollard, Stéphane Robin and Bernard Ruffieux
Theory (bilateral monopoly, dual marginalisation) shows that a chain of monopolies is less efficient than an integrated monopoly. This result is valid both the joint profits of the bilateral monopolies and in terms of collective surplus. The goal of the present paper is to test the relevance of these theoretical conclusions in an experimental framework. The experimental results only partially confirm the theoretical conclusions. While the merger increases the welfare efficiency of the structure, it does not always increase the joint profit of the monopolies. Source : Éditeur (via Persée) |
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| Article en ligne | http://www.persee.fr/web/revues/home/prescript/article/ecop_0249-4744_2000_num_145_4_6109 |
