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Market liberalization : price dispersion, price discrimination and consumer search in the German electricity markets

Gugler, Klaus; Heim, Sven; Janssen, Maarten C. W.; … - 2018

We study how consumer search affects pricing in markets with incumbents and entrants using panel data on German … electricity retail markets. Consumers observe the baseline price of the incumbent and decide whether or not to search. Incumbent … baseline rate while entrants decrease their tariffs if consumer search increases. Moreover, the incumbent price discriminates …

Persistent link: https://www.econbiz.de/10011916675

Selling Cookies

Bergemann, Dirk - 2013

We analyze data pricing and targeted advertising. Advertisers seek to tailor their spending to the value of each consumer. A monopolistic data provider sells cookies -- informative signals about individual consumers' preferences. We characterize the set of consumers targeted by the advertisers...

Persistent link: https://www.econbiz.de/10013073446

Selling Cookies

Bergemann, Dirk - 2014

We propose a model of data provision and data pricing. A single data provider controls a large database that contains information about the match value between individual consumers and individual firms (advertisers). Advertisers seek to tailor their spending to the individual match value. The...

Persistent link: https://www.econbiz.de/10013047747

Selling Cookies

Bergemann, Dirk - 2014

We develop a model of data pricing and targeted advertising. A monopolistic data provider determines the price to access "cookies," i.e., informative signals about individual consumers' preferences. The demand for information is generated by advertisers who seek to tailor their spending to the...

Persistent link: https://www.econbiz.de/10013062477

Knowledge diffusion and knowledge transfer : two sides of the medal

Klarl, Torben - 2009

Understanding the way in which knowledge is technically produced and transferred, and how its diffusion path can be characterized is of fundamental importance for the performance of an economy. Although this fact seems to be plausible ex ante, the relevant literature so far has paid less...

Persistent link: https://www.econbiz.de/10003914239

Resale price maintenance and manufacturer competition for retail services

Hunold, Matthias; Muthers, Johannes - 2012

; manufacturer dilemma ; matching ; retail service ; RPM ; vertical restraints …

Persistent link: https://www.econbiz.de/10009529697

Adverse selection and moral hazard in anonymous markets

Klein, Tobias J.; Lambertz, Christian; Stahl, Konrad - 2013

We study the effects of improvements in eBay’s rating mechanism on seller exit and continuing sellers’ behavior. Following a large sample of sellers over time, we exploit the fact that the rating mechanism was changed to reduce strategic bias in buyer rating. That improvement did not lead to...

Persistent link: https://www.econbiz.de/10009784129

Dynamic voluntary contribution to a public good : learning to be a free rider

Clemens, Christiane; Riechmann, Thomas - 2001

This paper explores the question whether boundedly rational agents learn to behave optimally when asked to voluntarily contribute to a public good. The decision process of individuals is described by an Evolutionary Algorithm. We analyze the learning process of purely and impurely altruistic...

Persistent link: https://www.econbiz.de/10011525818

Lernen in ökonomischen Systemen : qualitative Aspekte und Überblick

Clemens, Christiane; Haslinger, Franz - 2001

Dieser Beitrag gibt einen Überblick über Ansatzpunkte und Möglichkeiten zur Integration von Lernprozessen in volkswirtschaftliche Fragestellungen. Es werden alternative Methoden vorgestellt, individuelle aber auch gesellschaftliche Lernenvorgänge in ökonomischen Modellen zu erfassen.

Persistent link: https://www.econbiz.de/10011526281

Modellierung von Preiserwartungen durch neuronale Netze

Heinemann, Maik; Lange, Carsten - 1997

Das Papier untersucht, wie Erwartungsbildung mit Hilfe neuronaler Netze modelliert werden kann. Die Grundlage bildet ein Cobweb-Modell, in dem Firmen Preiserwartungen auf Basis eines Feedforward-Netzes bilden. Zunächst wird anhand von Simulationen gezeigt, daß Firmen durch neuronale...

Persistent link: https://www.econbiz.de/10011526305