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雷达卡
Joseph Farrell{ and Michael L. Katz We consider innovation incentives in markets where ¢nal goods are systems comprising two strictly complementary components, one of which is monopolized. We focus on the case in which the comple- mentary component is competitively supplied and innovation is im- portant. We explore ways in which the monopoly may have incentives to extract e¤ciency rents in the competitive sector, thus weakening or destroying incentives for independent innovation. We discuss how these problems are a¡ected if the monopolist integrates into supply of the complement.
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[此贴子已经被作者于2005-11-9 20:49:27编辑过]
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