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Umbrella Effects: Correction And Extension

Author

Listed:
  • Emanuel Holler
  • Maarten Pieter Schinkel

Abstract

Roman Inderst, Frank Maier-Rigaud, and Ulrich Schwalbe's “Umbrella Effects” contains a misspecification of the profit functions that affects the numerical findings reported in the article (Roman Inderst, Frank Maier-Rigaud & Ulrich Schwalbe, Umbrella Effects 10 J. Competition L. & Econ. 739 (2014)). We offer the standard economic model of oligopolistic price competition in differentiated goods as a better basis for further development of umbrella damages cases.

Suggested Citation

  • Emanuel Holler & Maarten Pieter Schinkel, 2017. "Umbrella Effects: Correction And Extension," Journal of Competition Law and Economics, Oxford University Press, vol. 13(1), pages 185-189.
    • Handle: RePEc:oup:jcomle:v:13:y:2017:i:1:p:185-189.
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    File URL: http://hdl.handle.net/10.1093/joclec/nhx007
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    Cited by:

    1. Odenkirchen, Johannes, 2017. "Pricing Behavior of Cartel Outsiders in Incomplete Cartels," VfS Annual Conference 2017 (Vienna): Alternative Structures for Money and Banking 168309, Verein für Socialpolitik / German Economic Association.

    More about this item

    JEL classification:

    • K21 - Law and Economics - - Regulation and Business Law - - - Antitrust Law
    • L13 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Oligopoly and Other Imperfect Markets
    • L41 - Industrial Organization - - Antitrust Issues and Policies - - - Monopolization; Horizontal Anticompetitive Practices

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