Games and Markets - Essays on Communication, Coordination and Multi-Market Competition (1999)
This thesis consists of a collection of essays on coordination in games and competition in international oligopolies. The first essay presents a theoretical analysis of a simple coordination game in...
Entry Barriers, Market Structure and Arbitrage in International Trade (1998)
Arbitrage in international trade is important to promote competition in many countries. In many cases reducing international price dierences increases aggregate consumer surplus and reduces...
The Potential and Noise Proofness in Two-player Coordination Games (1998)
We study symmetric two-player coordination games with a continuum of strict Nash equilibria. An equilibrium of the original game is noise-proof if it can be approximated by equilibria of noisy games...
Arbitrage in International Trade (1998)
This paper presents a simple oligopoly-model of international competition. Our model builds on two components: economies of scale in the transportation technology and market-speci...c access costs....
Communication, Complexity and Coordination in Games (1998)
We investigate how the transmission of information determines collective behaviour in coordination problems. The complexity of an equilibrium is de...ned as the length of the description the players...
Reciprocal Dumping with Bertrand Competition
Friberg, Richard, Ganslandt, Mattias
This paper examines if international trade can reduce total welfare in an international oligopoly with differentiated goods. We show that welfare is a U-shaped function in the transport cost as long...
Vertical Distribution, Parallel Trade, and Price Divergence in Integrated Markets
Ganslandt, Mattias, Maskus, Keith E.
We develop a model of vertical pricing in which an original manufacturer sets wholesale prices in two markets that are integrated at the distributor level by parallel imports (PI). The manufacturing...
Reciprocal dumping with Bertrand competition
Friberg, Richard, Ganslandt, Mattias
This paper examines if international trade can reduce total welfare in an international oligopoly with differentiated goods. We show that welfare is a U-shaped function in the transport cost as long...
Noisy Equilibrium Selection in Coordination Games
Ganslandt, Mattias, Carlsson, Hans
We analyse symmetric coordination games à la Bryant (1983) where a number of players simultaneously choose efforts from a compact interval and the lowest effort determines the output of a public...
Bottled Water - A Case of Pointless Trade?
Friberg, Richard, Ganslandt, Mattias
Two-way trade in (almost) homogenous products has ambiguous welfare effects if entry is restricted. We examine Swedish imports of bottled water to investigate whether transport cost losses from trade...
Bottled Water - A Case of Pointless Trade?
Friberg, Richard, Ganslandt, Mattias
Two-way trade in (almost) homogenous products has ambiguous welfare effects if entry is restricted. We examine Swedish imports of bottled water to investigate whether transport cost losses from trade...
Do Mergers Result in Collusion?
Ganslandt, Mattias, Norbäck, Pehr-Johan
We examine coordinated effects of mergers in the Swedish retail market for gasoline during the period 1986-2002. Despite significant changes in market concentration and many factors conductive to...
Parallel Import and the Pricing of Pharmaceutical Products: Evidence from the European Union
Ganslandt, Mattias, Maskus, Keith E.
We consider policy issues regarding parallel imports (PIs) of brand-name pharmaceuticals in the European Union, where such trade is permitted. We develop a simple model in which an original...
Developing and Distributing Essential Medicines to Poor Countries: The DEFEND Proposal
Ganslandt, Mattias, Maskus, Keith E., Wong, Eina V.
The poorest nations of the world suffer from extreme disease burdens, which go largely untreated because weak incomes and the prevailing system of intellectual property rights fail to provide...
Pricing Strategies in E-Commerce: Bricks vs. Clicks
Friberg, Richard, Ganslandt, Mattias, Sandström, Mikael
What is the impact of the increasing dominance of conventional firms in e-commerce? We use a simple model to show that retailers who only sell through Internet have lower on-line prices than...
Strategic Investment and Market Integration
The competitive effect of international market integration in industries with imperfect competition is of great policy interest. This paper focuses on the link between monopolization and market...
Wholesale Price Discrimination and Parallel Imports
Ganslandt, Mattias, Maskus, Keith E.
We develop a model of vertical pricing in which an original manufacturer sets wholesale prices in two markets integrated at the distributor level by parallel imports (PI). In this context we show...
Wholesale Price Discrimination and Parallel Imports
Mattias Ganslandt, Keith Maskus
We develop a model of vertical pricing in which an original manufacturer sets wholesale prices in two markets integrated at the distributor level by parallel imports (PI). In this context we show...
Asymmetric Collusion and Merger Policy
Mattias Ganslandt, Lars Persson, Helder Vasconcelos
In their merger control, EU and the US have considered symmetric size distribution (cost structure) of firms to be a factor potentially leading to collusion. We show that forbidding mergers leading...
Asymmetric Collusion and Merger Policy
Mattias Ganslandt, Lars Persson, Helder Vasconcelos
In their merger control, EU and the US have considered symmetric size distribution (cost structure) of firms to be a factor potentially leading to collusion. We show that forbidding mergers leading...
Parallel imports of pharmaceutical products in the European Union
Ganslandt, Mattias, Maskus, Keith E.
The point of parallel imports of pharmaceuticals is arbitrage between countries with different prices. For several years, an important issue in the European Union (EU) has been the evident conflict...
Intellectual Property Rights and Competition Policy
Intellectual property rights and competition policy are intimately related. In this paper I survey the economic literature analyzing the interaction between intellectual property law and competition...
Intellectual Property Rights, Parallel Imports and Strategic Behavior
Maskus, Keith E., Ganslandt, Mattias
The existence of parallel imports (PI) raises a number of interesting policy and strategic questions, which are the subject of this survey article. For example, parallel trade is essentially...
Asymmetric Collusion and Merger Policy
Ganslandt, Mattias, Persson, Lars, Vasconcelos, Helder
In their merger control, EU and the US have considered symmetric size distribution (cost structure) of firms to be a factor potentially leading to collusion. We show that forbidding mergers leading...
Exchange Rates and Cash Flows in Differentiated Product Industries: A Simulation Approach
RICHARD FRIBERG, MATTIAS GANSLANDT
How do exchange rate changes impact firms' cash flows? We extend a simulation method developed in industrial organization to answer this question. We use prices, quantities, and product...
E-commerce and prices - theory and evidence
Friberg, Richard, Ganslandt, Mattias, Sandström, Mikael
This paper examines the relation between prices in conventional stores and on the Internet. Main results from the theoretical analysis are i) we expect a discrete fall in prices in conventional...
Parallel Imports of Pharmaceutical Products in the European Union
Ganslandt, Mattias, Maskus, Keith E.
We study the effects of parallel trade in the pharmaceutical industry. We develop a model in which an original manufacturer competes in its home market with parallel-importing firms. The theoretical...
National Standards and International Trade
Ganslandt, Mattias, Markusen, James R.
Standards and technical regulations which govern the admissibility of imported goods into an economy raise costs of exporters entering new markets, and may have a particularly high impact on firms...
Reciprocal Dumping with Bertrand Competition
Friberg, Richard, Ganslandt, Mattias
This paper examines if international trade can reduce total welfare in an international oligopoly with differentiated goods. We show that welfare is a U-shaped function in the transport cost as long...
Asymmetric Cartels - a Theory of Ring Leaders
Ganslandt, Mattias, Persson, Lars, Vasconcelos, Helder
Many convicted cartels have a leader which is substantially larger than its rivals. In a setting where firms face indivisible costs of collusion, we show that: (i) firms may have an incentive to...
Standards and Related Regulations in International Trade: A Modeling Approach
Mattias Ganslandt, James R. Markusen
Standards and technical regulations which govern the admissibility of imported goods into an economy raise costs of exporters entering new markets, and may have a particularly high impact on firms...
Reciprocal Dumping with Product Differentiation *
Richard Friberg, Mattias Ganslandt
This paper examines if international trade can reduce total welfare in an international oligopoly with differentiated goods. We show that intra-industry trade, i.e. "reciprocal dumping," can result...