A growing challenge in the restructuring of the electrical sector, where competition is introduced in the generation area, is to achieve equivalent efficiencies in the electrical distribution service, an activity that ...

This paper investigates whether product market power affects trade credit decisions. We exploit the 2007–08 credit crisis in the U.S. as a source of variation in the importance of product market power for trade credit. We ...

This article elaborates on intellectual monopoly theory as a form of predation and rentiership using Amazon as a case study. By analysing Amazon’s financial statements, scientific publications and patents, we show that ...

In oligopoly theories based on Nash Equilibrium and related concepts, free entry is associated with the coexistence of more than one rm. On the other hand, in the monopoly literature some reasons are identi ed as possible ...

The paper formulates an access-pricing model applied to electricity distribution, based on the UK Office of Telecommunications (OFTEL) model, originally structured to price telecommunications monopolistic-essential facilities. ...