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Price discrimination in input markets : quantity discounts and private information

Herweg, Fabian; Müller, Daniel - 2011

We consider a monopolistic supplier's optimal choice of wholesale tariffs when downstream firms are privately informed about their retail costs. Under discriminatory pricing, downstream firms that differ in their ex ante distribution of retail costs are offered different tariffs. Under uniform...

Persistent link: https://www.econbiz.de/10009375743

Price discrimination in input markets : downstream entry and welfare

Herweg, Fabian; Müller, Daniel - 2010

The extant theory on price discrimination in input markets takes the structure of the intermediate industry as exogenously given. This paper endogenizes the structure of the intermediate industry and examines the effects of banning third-degree price discrimination on market structure and...

Persistent link: https://www.econbiz.de/10003954080

The fall of the labor share and the rise of superstar firms

Autor, David H.; Dorn, David; Katz, Lawrence F.; … - 2017

firms in each industry, product market concentration will rise as industries become increasingly dominated by superstar … increasingly concentrate in a small number of firms; industries where concentration rises most will have the largest declines in … share will be greatest in the sectors with the largest increases in market concentration; and finally, such patterns will be …

Persistent link: https://www.econbiz.de/10011647664

Concentrating on the fall of the labor share

Autor, David H.; Dorn, David; Katz, Lawrence F.; … - 2017

al. (2017), we evaluate and confirm two core claims of the superstar firm hypothesis: the concentration of sales among … firms within industries has risen across much of the private sector; and industries with larger increases in concentration …

Persistent link: https://www.econbiz.de/10011612751

Strategic trade policy and the home bias in firm ownership structure

Huck, Steffen; Konrad, Kai A. - 2003

In this note we consider the preferences of a profit maximizing firm for international ownership in a world in which firms compete in an international Cournot oligopoly, and in which countries use strategic trade policy. We find that firms prefer national ownership and show that full...

Persistent link: https://www.econbiz.de/10011506470

Strategic trade policy and merger profitability

Huck, Steffen; Konrad, Kai A. - 2003

We study the profitability incentives of merger and the endogenous industry structure in a strategic trade policy environment. Merger changes the strategic trade policy equlilibrium. We show that merger can be profitable and welfare enhancing here, even though it would not be profitable in a...

Persistent link: https://www.econbiz.de/10011507913

Uncertain demand, consumer loss aversion, and flat-rate tariffs

Herweg, Fabian - 2010

The so called flat-rate bias is a well documented phenomenon caused by consumers’ desire to be insured against fluctuations in their billing amounts. This paper shows that expectation-based loss aversion provides a formal explanation for this bias. We solve for the optimal two-part tariff when...

Persistent link: https://www.econbiz.de/10003987825

Uncertain demand, consumer loss aversion, and flat-rate tariffs

Herweg, Fabian - 2010

The so called flat-rate bias is a well documented phenomenon caused by consumers' desire to be insured against fluctuations in their billing amounts. This paper shows that expectation-based loss aversion provides a formal explanation for this bias. We solve for the optimal two-part tariff when...

Persistent link: https://www.econbiz.de/10008822064

Uncertain demand, consumer loss aversion, and flat-rate tariffs

Herweg, Fabian; Mierendorff, Konrad - 2011

The so called flat-rate bias is a well documented phenomenon caused by consumers; desire to be insured against fluctuations in their billing amounts. This paper shows that expectation-based loss aversion provides a formal explanation for this bias. We solve for the optimal two-part tariff when...

Persistent link: https://www.econbiz.de/10009236785

Alliances in the shadow of conflict

Ke, Changxia; Konrad, Kai A.; Morath, Florian - 2013

Victorious alliances often fight about the spoils of war. This paper presents an experiment on the determinants of whether alliances break up and fight internally after having defeated a joint enemy. First, if peaceful sharing yields an asymmetric rent distribution, this increases the likelihood...

Persistent link: https://www.econbiz.de/10010198485