Narrow search
Showing 1 - 10 of 291
Cover Image
Demand Fluctuations, Capacity Constraints and Repeated Interaction: An Empirical Analysis of Service Quality Adjustments
Chatain, Olivier; Eizenberg, Alon - C.E.P.R. Discussion Papers - 2015
We utilize a unique database from a large legal services provider to examine how service quality responds to the firm …
Persistent link: https://www.econbiz.de/10011262890
Cover Image
Strategic Search Diversion, Product Affiliation and Platform Competition
Hagiu, Andrei; Jullien, Bruno - C.E.P.R. Discussion Papers - 2013
Platforms use search diversion in order to trade off total consumer traffic for higher revenues derived by exposing consumers to products other than the ones that best fit their preferences. Our analysis yields three key and novel insights regarding search diversion incentives, which have direct...
Persistent link: https://www.econbiz.de/10011084110
Cover Image
Entry Mistakes
Cabral, Luís M B - C.E.P.R. Discussion Papers - 1997
Frequently, aspiring entrants have only limited information about their potential rivals’ entry decisions. As a result, the outcome of the entry game may be that more firms enter than the market can sustain; or, at least, that unnecessary entry investments are made. We refer to these outcomes...
Persistent link: https://www.econbiz.de/10005662244
Cover Image
Openness and Industrial Response in a Wal-Mart World: A Case Study of Mexican Soaps, Detergents and Surfactant Producers
Javorcik, Beata; Keller, Wolfgang; Tybout, James R - C.E.P.R. Discussion Papers - 2006
This paper uses a case study approach to explore the effects of NAFTA and GATT membership on innovation and trade in the Mexican soaps, detergents and surfactants (SDS) industry. Several basic findings emerge. First, the most fundamental effect of NAFTA and the GATT on the SDS industry was to...
Persistent link: https://www.econbiz.de/10005661768
Cover Image
Import Competition and Exit in Business Services Sectors
Bombarda, Pamela; McCann, Fergal; Toubal, Farid - C.E.P.R. Discussion Papers - 2010
Business services firms are increasingly under pressure from foreign competition. We develop an oligopolistic … competition model that studies the effect of trade liberalization on exit and sectoral restructuring in the business services … business services sector. The empirical analysis confirms that due to greater import penetration, French service firms exit by …
Persistent link: https://www.econbiz.de/10008692315
Cover Image
Class Size and Sorting in Market Equilibrium: Theory and Evidence
Urquiola, Miguel; Verhoogen, Eric A - C.E.P.R. Discussion Papers - 2007
This paper examines how schools choose class size and how households sort in response to those choices. Focusing on the highly liberalized Chilean education market, we develop a model in which schools are heterogeneous in an underlying productivity parameter, class size is a component of school...
Persistent link: https://www.econbiz.de/10005791330
Cover Image
Text and Voice: Complements, Substitutes or Both?
Andersson, Kjetil; Foros, Øystein; Steen, Frode - C.E.P.R. Discussion Papers - 2006
model of demand for mobile services incorporating the existence of call externalities and network effects. We show that when … incoming messages and calls stimulate outgoing communications, services that are perceived as substitutes, such as mobile text …
Persistent link: https://www.econbiz.de/10005791907
Cover Image
Loss Aversion and the Uniform Pricing Puzzle for Vertically Differentiated Products
Courty, Pascal; Nasiry, Javad - C.E.P.R. Discussion Papers - 2015
The uniform pricing puzzle for vertically differentiated products states that a monopolist sells high and low quality products at the same price despite the fact that quality is perfectly observable and that there are no significant costs of adjusting prices. The puzzle is relevant for movies,...
Persistent link: https://www.econbiz.de/10011249375
Cover Image
Creative Destruction and Productive Preemption
Norbäck, Pehr-Johan; Persson, Lars; Svensson, Roger - C.E.P.R. Discussion Papers - 2011
We develop a theory of innovation for entry and sale into oligopoly, and show that an invention of higher quality is more likely to be sold (or licensed) to an incumbent due to strategic product market effects on the sales price. Preemptive acquisitions by incumbents are shown to stimulate the...
Persistent link: https://www.econbiz.de/10008865973
Cover Image
A Price Theory of Vertical and Lateral Integration (Revised Version)
Legros, Patrick; Newman, Andrew - C.E.P.R. Discussion Papers - 2012
We present a perfectly-competitive model of firm boundary decisions and study their interplay with product demand, technology, and welfare. Integration is pri- vately costly but is effective at coordinating production decisions; non-integration is less costly, but coordinates relatively poorly....
Persistent link: https://www.econbiz.de/10011083920