TERRITORIAL MONOPOLIES OF QUALIFICATIONS.

Complementary Monopolies and Bargaining

How should complementarities a¤ect antitrust merger policy? I introduce a two-stage strategic model in which complementary input sellers o¤er supply schedules to producers and then engage in bilateral bargaining with producers. The main result is that there is a unique weakly dominant strategy equilibrium and the equilibrium attains the joint pro…t maximizing outcome. Output equals that of a bu...

Dynamic Monopolies of Constant Size

This paper deals with a polling game on a graph. Initially, each vertex is colored white or black. At each round, each vertex is colored by the color shared by the majority of vertices in its neighborhood. (All recolorings are done simultaneously). We say that a set W0 of vertices is a dynamic monopoly or dynamo if starting the game with the vertices ofW0 colored white, the entire system is whi...

Time-Differentiated Monopolies

We consider sequential competition among sellers, with different consumers desiring the good at different times. Each consumer has the option of buying from a later seller. Each seller recognizes that future sellers are potential competitors. We find that if sellers do not know the previous history of sales, then an equilibrium price is necessarily the same as that which would be set by a simpl...

Unofficial Qualifications

Statement of Qualifications

Introduction The Adventus Group is an environmental biotechnology company that provides various remediation biotechnologies including those exclusive to our patent portfolio (see below). We are NOT consultants – we support our clients’ project team(s) by providing unbiased design support and selection of the most cost-effective remedial solution or strategy. As appropriate, our proven products ...