All Outputs (6)

Optimal patent licensing—Two or three‐part tariff (2022)
Journal Article
Banerjee, S., Mukherjee, A., & Poddar, S. (2022). Optimal patent licensing—Two or three‐part tariff. Journal of Public Economic Theory, 25(3), 624-648. https://doi.org/10.1111/jpet.12630

We look into technology transfer by an insider patentee in a spatial duopoly model under three types of licensing contracts—(i) two-part tariff with fixed fee and per-unit royalty, (ii) two-part tariff with fixed fee and ad-valorem royalty and (iii)... Read More about Optimal patent licensing—Two or three‐part tariff.

Social desirability of entry in a bilateral oligopoly—The implications of (non) sunk costs (2022)
Journal Article
Mukherjee, A., & Zeng, C. (2022). Social desirability of entry in a bilateral oligopoly—The implications of (non) sunk costs. Mathematical Social Sciences, 118, 12-19. https://doi.org/10.1016/j.mathsocsci.2022.05.002

We show the implications of sunk investments for social efficiency of downstream-entry in a bilateral oligopoly. The possibility of socially excessive entry increases as the percentage of non-sunk investments increases. If there are no sunk investmen... Read More about Social desirability of entry in a bilateral oligopoly—The implications of (non) sunk costs.

Social Efficiency of Market Entry Under Tax Policy (2022)
Journal Article
Basak, D., & Mukherjee, A. (2022). Social Efficiency of Market Entry Under Tax Policy. B.E. Journal of Economic Analysis and Policy, 22(3), 601-610. https://doi.org/10.1515/bejeap-2022-0012

We provide a new rationale for socially insufficient market entry. We show that if the shadow cost of public funds is sufficiently high, the number of firms under free entry can be socially insufficient if the tax policies are "time inconsistent", so... Read More about Social Efficiency of Market Entry Under Tax Policy.

Merger and process innovation (2022)
Journal Article
Mukherjee, A. (2022). Merger and process innovation. Economics Letters, 213, Article 110366. https://doi.org/10.1016/j.econlet.2022.110366

Denicolò and Polo (2018) show that the result of Federico et al. (2017), i.e., horizontal mergers reduce R&D investments of the merged firms compared to non-cooperation, holds provided the probability of failure in R&D is log-convex in R&D investment... Read More about Merger and process innovation.

Social Efficiency of Entry in a Vertical Structure with Third Degree Price Discrimination (2022)
Journal Article
Chen, J., Mukherjee, A., & Zeng, C. (2023). Social Efficiency of Entry in a Vertical Structure with Third Degree Price Discrimination. BE Journal of Theoretical Economics, 23(1), 223-243. https://doi.org/10.1515/bejte-2021-0069

We study social efficiency of entry in the presence of downstream cost asymmetry and upstream price discrimination. We show that entry is excessive when the entrants are highly inefficient, and it is insufficient when either the entrants are efficien... Read More about Social Efficiency of Entry in a Vertical Structure with Third Degree Price Discrimination.

Wage bargaining and product innovation: The role of market expansion effect (2022)
Journal Article
Basak, D., Hoefele, A., & Mukherjee, A. (2022). Wage bargaining and product innovation: The role of market expansion effect. Manchester School, 90(3), 319-340. https://doi.org/10.1111/manc.12398

Using the right-to-manage model of union-firm bargaining, we show that a higher union power increases product innovation if the bargaining is decentralised, the market expansion effect is weak, and the cost of innovation is relatively low. Otherwise,... Read More about Wage bargaining and product innovation: The role of market expansion effect.