Title:Efficiency Gains and Myopic Antitrust Authority in a Dynamic Merger Game Author(s):MOTTA, Massimo; VASCONCELOS, HelderDate:2005Citation:
- International Journal of Industrial Organization, 2005, 24, 2, 227-250
Type:ArticleAbstract:This paper uses an endogenous coalition formation game to derive an upper bound to industry concentration. The proposed coalitional stability concept assumes that firms are endowed with foresight in that they look ahead ...
Title:Acquisition of Information and Share Prices: An Empirical Investigation of Cognitive Dissonance Author(s):ARGENTESI, Elena; LUETKEPOHL, Helmut; MOTTA, MassimoDate:2010Citation:
- German Economic Review, 2010, 11, 3, 381-396
Type:ArticleAbstract:This paper deals with the determinants of agents' acquisition of information. Our econometric evidence shows that the general index of Italian share-prices and the series of Italy's financial newspaper sales are cointegrated, ...
Title:Country Asymmetries, Endogenous Product Choice and the Timing of Trade Liberalization Author(s):CABRALES, Antonio; MOTTA, MassimoDate:2001Citation:
- European Economic Review, 2001, 45, 1, 87-107
Type:ArticleAbstract:We analyze the effects of trade liberalization on firms' decisions and profits in a vertical product differentiation model with countries which have different characteristics. Firms decide product specifications at the ...
Title:Buyers' Miscoordination, Entry and Downstream Competition Author(s):FUMAGALLI, Chiara; MOTTA, MassimoDate:2008Citation:
- Economic Journal, 2008, 118, 531, 1196-1222
Type:ArticleAbstract:This article shows that buyers' coordination failures might prevent entry in an industry with an incumbent firm and a more efficient potential entrant. If there were a single buyer, or if all buyers formed a central ...
Title:Review of Michael Whinston’s ‘Lectures in Antitrust Economics Author(s):MOTTA, MassimoDate:2007Citation:
- Competition Policy International, 2007, 3, 1, 312-320
Title:Exclusive Dealing and Entry, when Buyers Compete Author(s):FUMAGALLI, Chiara; MOTTA, MassimoDate:2006Citation:
- American Economic Review, 2006, 96, 3, 785-795
Type:ArticleAbstract:Rasmusen et al. (1991) and Segal and Whinston (2000) show that an incumbent monopolist might prevent entry of a more efficient competitor by exploiting externalities among buyers. We show that their results hold only when ...
Title:Foreign Direct Investments and Spillovers Through Workers' Mobility Author(s):MOTTA, Massimo; FOSFURI, Andrea; RONDE, ThomasDate:2001Citation:
- Journal of International Economics, 2001, 53, 1, 205-222
Type:ArticleAbstract:We analyze a model where a multinational firm can use a superior technology in a foreign subsidiary only after training a local worker. Technological spillovers from foreign direct investment arise when this worker is later ...
Title:Oltre il 'vincolo dello spettro': concentrazione ed entrata nell'industria dei servizi televisivi Author(s):MOTTA, Massimo; POLO, MicheleDate:2001Citation:
- Rivista di Politica Economica, 2001, XCI, 4-5, 115-150
Title:Country Asymmetries, Endogenous Product Choice and the Speed of Trade Liberalization Author(s):MOTTA, Massimo; CABRALES, AntonioDate:2001Citation:
- European Economic Review, 2001, 45, 87-207