UMBRELLA EFFECTS: CORRECTION AND EXTENSION

Emanuel Holler () and Maarten Pieter Schinkel

Journal of Competition Law and Economics, 2017, vol. 13, issue 1, 185-189

Abstract: Roman Inderst, Frank Maier-Rigaud, and Ulrich Schwalbe's “Umbrella Effects” contains a misspecification of the profit functions that affects the numerical findings reported in the article (Roman Inderst, Frank Maier-Rigaud & Ulrich Schwalbe, Umbrella Effects 10 J. Competition L. & Econ. 739 (2014)). We offer the standard economic model of oligopolistic price competition in differentiated goods as a better basis for further development of umbrella damages cases.

JEL-codes: K21 L13 L41 (search for similar items in EconPapers)
Date: 2017
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Citations: View citations in EconPapers (2)

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Journal of Competition Law and Economics is currently edited by Nicholas Economides, Amelia Fletcher, Michal Gal, Damien Geradin, Ioannis Lianos and Tommaso Valletti

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