Department of Economics

TOPICS

Game Theory

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Theory

Downstream Cross-Holdings and Upstream Collusion

We examine the effects of (passive) cross-holdings in the downstream market on the sustainability of upstream collusion. We consider two competing vertical chains with downstream Cournot and homogeneous goods. Each downstream firm holds a (symmetric) non-controlling share of its rival.

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Theory

Strategic Delegation in Experimental Duopolies with Endogenous Incentive Contracts

We study the endogenous emergence of incentive contracts used by firm owners to delegate the strategic decisions of the firm

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Applied Research

Strategic Behaviour and Risk Taking in Football

This article develops a dynamic game-theoretic model of optimizing strategic behaviour by football teams.

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