Retail structure and product variety

Nous examinons l'impact de la structure horizontale et verticale d'un marché sur les incitations à l'innovation et sur la variété des produits. Nous considérons le marché d'un bien homogène où un producteur peut innover pour étendre sa gamme de produits en créant un nouveau produit substitut. Le coût de lancement du nouveau produit est fixe, et réparti entre les activités de production et de distribution. Nous montrons qu'une chaîne intégrée verticalement offre une plus grande variété de produits qu'une chaîne de monopoles. Si le coût de lancement du nouveau produit est réparti équitablement entre les deux secteurs, ou supporté essentiellement par l'amont, une concurrence imparfaite dans le secteur aval ne restaure que partiellement les incitations à innover de la structure verticale. En revanche, si ce coût est supporté principalement par le secteur aval, la concurrence en aval peut amener plus d'innovation que dans une structure verticalement intégrée.

Learning Multi-Modal Word Representation Grounded in Visual Context

Representing the semantics of words is a long-standing problem for the natural language processing community. Most methods compute word semantics given their textual context in large corpora. More recently, researchers attempted to integrate perceptual and visual features. Most of these works consider the visual appearance of objects to enhance word representations but they ignore the visual environment and context in which objects appear. We propose to unify text-based techniques with vision-based techniques by simultaneously leveraging textual and visual context to learn multimodal word embeddings. We explore various choices for what can serve as a visual context and present an end-to-end method to integrate visual context elements in a multimodal skip-gram model. We provide experiments and extensive analysis of the obtained results

Vertical Integration, Innovation and Foreclosure

This paper studies the potential effects of vertical integration on downstream firms' incentives to innovate. Interacting efficiently with a supplier may require information exchanges, which raises the concern that sensitive information may be disclosed to rivals. This may be particularly harmful in case of innovative activities, as it increases the risk of imitation. We show that vertical integration exacerbates this threat of imitation, which de facto degrades the integrated supplier's ability to interact with unintegrated competitors. Vertical integration may thus lead to input foreclosure, thereby raising rivals' cost and limiting both upstream competition and downstream innovation. A similar concern of customer foreclosure arises in the case of downstream bottlenecks.Vertical Integration, Foreclosure, Innovation, Imitation, Firewall.

Nonlinear disturbance evolution in a two-dimensional boundary layer along an elastic plate and induced radiated sound

The interaction between a boundary-layer flow and an elastic plate is addressed by direct numerical simulation, taking into account the full coupling between the fluid flow and the flexible wall. The convectively unstable flow state is harmonically forced and two-dimensional nonlinearly saturated wavelike disturbances are computed along archetype-plates with respect to stiffness and natural frequencies. In the aim of determining the low-Mach-number radiated sound for the system, the simulation data are used to solve the Lighthill’s equation in terms of a Green’s function in the wavenumber-frequency space. Different degrees of fluid-structure coupling are implemented in the radiated sound model and the resulting acoustic pressure levels are compared. The sound radiation levels are shown to be increased in the presence of flexible walls with however significant differences in the radiated pressure levels for different coupling assumptionsThe authors gratefully acknowledge Thales Underwater Systems and DCNS for their financial support to this work

Situation awareness and ability in coalitions

This paper proposes a discussion on the formal links between the Situation Calculus and the semantics of interpreted systems as far as they relate to Higher-Level Information Fusion tasks. Among these tasks Situation Analysis require to be able to reason about the decision processes of coalitions. Indeed in higher levels of information fusion, one not only need to know that a certain proposition is true (or that it has a certain numerical measure attached), but rather needs to model the circumstances under which this validity holds as well as agents' properties and constraints. In a previous paper the authors have proposed to use the Interpreted System semantics as a potential candidate for the unification of all levels of information fusion. In the present work we show how the proposed framework allow to bind reasoning about courses of action and Situation Awareness. We propose in this paper a (1) model of coalition, (2) a model of ability in the situation calculus language and (3) a model of situation awareness in the interpreted systems semantics. Combining the advantages of both Situation Calculus and the Interpreted Systems semantics, we show how the Situation Calculus can be framed into the Interpreted Systems semantics. We illustrate on the example of RAP compilation in a coalition context, how ability and situation awareness interact and what benefit is gained. Finally, we conclude this study with a discussion on possible future works

The 2-D stochastic Keller-Segel particle model : existence and uniqueness

We introduce a stochastic system of interacting particles which is expected to furnish as the number of particles goes to infinity a stochastic approach of the 2-D Keller-Segel model. In this note, we prove existence and some uniqueness for the stochastic model for the parabolic-elliptic Keller-Segel equation, for all regimes under the critical mass. Prior results for existence and weak uniqueness have been very recently obtained by N. Fournier and B. Jourdain [6]

Retail structure and product variety

We examine the impact of horizontal and vertical market structure on innovation and product variety. We consider a market for a homogeneous good where it is possible to innovate to launch a new substitute product. The cost of launching the new product is fixed and spread between the manufacturing and the retail industries. We show that a vertically intergrated firm offers a wider variety of products than a chain of monopolies. If the cost of launching a new product is equally shared among the vertical structure or mostly supported by upstream firms, retail competition partially restores the incentives to innovate of the vertical structure. Yet when the cost of launching a new product is mostly supported by the retail sector, downstream competition even leads to more innovation than vertical integration.Nous examinons l'impact de la structure horizontale et verticale d'un marché sur les incitations à l'innovation et sur la variété des produits. Nous considérons le marché d'un bien homogène où un producteur peut innover pour étendre sa gamme de produits en créant un nouveau produit substitut. Le coût de lancement du nouveau produit est fixe, et réparti entre les activités de production et de distribution. Nous montrons qu'une chaîne intégrée verticalement offre une plus grande variété de produits qu'une chaîne de monopoles. Si le coût de lancement du nouveau produit est réparti équitablement entre les deux secteurs, ou supporté essentiellement par l'amont, une concurrence imparfaite dans le secteur aval ne restaure que partiellement les incitations à innover de la structure verticale. En revanche, si ce coût est supporté principalement par le secteur aval, la concurrence en aval peut amener plus d'innovation que dans une structure verticalement intégrée