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Platforms often use fee discrimination within their marketplace (e.g., Amazon, eBay, and Uber specify a variety of … merchant fees). To better understand the impact of marketplace fee discrimination, we develop a model that allows us to … determine equilibrium fee and category decisions that depend on the extent of fee discrimination available to the platform and …
Persistent link: https://www.econbiz.de/10012692299
We propose a model of discrimination in the market for mortgages. The model explains accepted loan applications and … determines loan sizes and interest rates simultaneously. A competitive, and a discriminating monopoly version of the model are … discriminating monopoly maximizes profitsunder a borrower participation constraint, reflecting the availability of a rental market as …
Persistent link: https://www.econbiz.de/10011410245
This paper analyzes third-degree price discrimination of a monopoly airline in the presence of congestion externality … identification of the time-valuation effect of price discrimination, which can work in the opposite direction as the well …
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-horizon, discrete-time game. Our goal is to identify the Markov perfect stationary equilibria where the seller can maintain his monopoly … power. We establish that the set of parameters supporting a monopoly outcome is larger when the seller offers different …
Persistent link: https://www.econbiz.de/10012431895
This paper characterizes the power dynamics of firms in both product and labor markets in Lithuania between 2004 and 2018. We first show that both markets are not perfectly competitive, as both price markups and wage markdowns are far from unitary and homogeneous. Interestingly, we unveil that...
Persistent link: https://www.econbiz.de/10014452325
This paper develops a theory of oligopoly and markups in general equilibrium. Firms compete in a network of product …
Persistent link: https://www.econbiz.de/10013503368
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