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Spaced Out Monopolies: Theory and Empirics of Alternating Product Releases

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Author Info

  • Arthur Zillante

    (ICES, George Mason University)

Abstract

An oft-neglected pattern of behavior occurs when firms time the release of their products so that they are not released on the same date. The practice is potentially collusive, so there may be legitimate antitrust concerns. This paper presents a model of this behavior, the alternating periods monopoly (APM). A comparison of the APM with other sustainable methods of collusion shows the conditions under which the APM is preferred. I develop an empirical test to detect the APM, and use data from the baseball card industry to investigate the possible use of an APM.

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File URL: http://128.118.178.162/eps/io/papers/0505/0505008.pdf
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Bibliographic Info

Paper provided by EconWPA in its series Industrial Organization with number 0505008.

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Length: 14 pages
Date of creation: 24 May 2005
Date of revision:
Handle: RePEc:wpa:wuwpio:0505008

Note: Type of Document - pdf; pages: 14
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Web page: http://128.118.178.162

Related research

Keywords: Noncooperative strategies; alternating periods monopoly; duration analysis;

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  1. Herings,P. Jean-Jacques & Peeters,Ronald J.A.P, 2000. "Stationary Equilibria in Stochastic Games: Structure, Selection, and Computation," Research Memorandum 004, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR).
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  9. Herings, P. Jean-Jacques & Peeters, Ronald & Schinkel, Maarten Pieter, 2005. "Intertemporal market division:: A case of alternating monopoly," European Economic Review, Elsevier, vol. 49(5), pages 1207-1223, July.
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  11. Robert W. Staiger & Frank A. Wolak, 1992. "Collusive Pricing with Capacity Constraints in the Presence of Demand Uncertainty," RAND Journal of Economics, The RAND Corporation, vol. 23(2), pages 203-220, Summer.
  12. Fudenberg, Drew & Maskin, Eric, 1986. "The Folk Theorem in Repeated Games with Discounting or with Incomplete Information," Econometrica, Econometric Society, vol. 54(3), pages 533-54, May.
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  14. Arthur Zillante, 2005. "Survival in a Declining Industry: The Case of Baseball Cards," Industrial Organization 0505004, EconWPA.
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Cited by:
  1. Todd R. Kaplan & Bradley J. Ruffle, 2011. "Which Way to Cooperate," Working Papers 1105, Ben-Gurion University of the Negev, Department of Economics.

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