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Measuring Strategic Firm Interaction in Product-Quality Choices: The Case of Airline Flight Frequency
Brueckner, Jan K.; Luo, Dan - CESifo - 2013
multimarket contact generates mutual forbearance in frequency competition, finding no evidence for such an effect. …
Persistent link: https://www.econbiz.de/10010877953
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On the Choice of Royalty Rule to Cover Fixed Costs in Input Joint Ventures
Fjell, Kenneth; Foros, Oystein; Kind, Hans Jarle - CESifo - 2013
incorporated. We find that tougher competition between the JV partners may actually increase channel profit under such a scheme. We …
Persistent link: https://www.econbiz.de/10010877877
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Competition in the Presence of Individual Demand Uncertainty
Möller, Marc; Watanabe, Makoto - CESifo - 2013
This paper sheds light on an empirical controversy about the effect of competition on price discrimination. We … shows that whether competition has a positive or negative effect on price dispersion depends on the level of demand …
Persistent link: https://www.econbiz.de/10010877946
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A Simple Model of Health Insurance Competition
Kemnitz, Alexander - CESifo - 2010
This paper investigates competition between health insurance companies under different financing regulations. We … consider two alternatives advanced in recent German health care reform discussions: competition by contribution rates (health … contributions) and by fees (health premia). We find that contribution rate competition yields lower company profits and higher …
Persistent link: https://www.econbiz.de/10008727295
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A Note on Costly Sequential Search and Oligopoly Pricing (new title: Truly Costly Sequential Search and Oligopolistic Pricing,)
Janssen, Maarten C. W.; Gonzales, José Luis Moraga; … - CESifo - 2004
We modify the paper of Stahl (1989) on sequential consumer search in an oligopoly context by relaxing the assumption that consumers obtain the first price quotation for free. When all price quotations are costly to obtain, a new equilibrium arises where consumers randomize between not searching...
Persistent link: https://www.econbiz.de/10005765852
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Deviations from the Law of One Price in Japan
Cheung, Yin-Wong; Fujii, Eiji - CESifo - 2008
Using 25 years of monthly data on individual Japanese retail prices, we study the behavior of product-specific Law of One Price (LOP) deviations. Individual tradable products, compared with nontradables, are more likely to have different distributions of LOP deviations across cities. Their...
Persistent link: https://www.econbiz.de/10005765970
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Consumer Search and Oligopolistic Pricing: An Empirical Investigation
Janssen, Maarten C. W.; Moraga-González, José Luis; … - CESifo - 2004
This paper presents an empirical examination of oligopoly pricing and consumer search. The theoretical model allows for sequential and non-sequential search and, using the theoretical restrictions firm and consumer behavior impose on the data, we study the empirical validity of the models. Two...
Persistent link: https://www.econbiz.de/10005094320
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A Model of Strategic Targeted Advertising
Galeotti, Andrea; Moraga-González, José Luis - CESifo - 2004
We study a simultaneous move game of targeted advertising and pricing in a market with various consumer segments. In this setting we explore the implications of market segmentation on firm competitiveness. If firms are unable to target their ads on different consumer segments, a unique...
Persistent link: https://www.econbiz.de/10005406285
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The Elasticity of Trade: Estimates and Evidence
Simonovska, Ina; Waugh, Michael E. - CESifo - 2011
Quantitative results from a large class of international trade models depend critically on the elasticity of trade with respect to trade frictions. We develop a simulated method of moments estimator to estimate this elasticity from disaggregate price and trade-flow data using the Ricardian...
Persistent link: https://www.econbiz.de/10008853860
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Airline Emission Charges: Effects on Airfares, Service Quality, and Aircraft Design
Brueckner, Jan K.; Zhang, Anming - CESifo - 2009
This paper explores the effect of airline emissions charges on airfares, airline service quality, aircraft design features, and network structure, using a detailed and realistic theoretical model of competing duopoly airlines. These impacts are derived by analyzing the effects of an increase in...
Persistent link: https://www.econbiz.de/10005094276