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Price Guarantees, Consumer Search, and Hassle Costs

Baake, Pio; Schwalbe, Ulrich - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2013

The paper deals with the competitive effects of price guarantees in a spatial duopoly where consumers can search for … with and without price guarantees exist but price guarantees will have no effect on prices if search costs are low, hassle …, provided that the search costs are sufficiently high. …

Persistent link: https://www.econbiz.de/10010896208

Are Airlines' Price-Setting Strategies Different?

Bilotkach, Volodymyr; Gorodnichenko, Yuriy; Talavera, … - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2006

Using a sample of fare quotes for non-stop travel from New York to London, this paper investigates the dynamics of offered fares as the departure date nears. We find that the general trend is toward fare increase at an accelerated rate as the departure date approaches. Clear differences in...

Persistent link: https://www.econbiz.de/10005018672

Endogenous Costs and Price-Cost Margins

Neven, Damien J.; Röller, Lars-Hendrik; Zhang, Zhentang - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2002

Empirical work on price-cost margins often treats costs as exogenous. Allowing for endogenous costs when estimating price-cost margins is the topic of this paper. Methodologically, the endogenous cost model we propose leads to an additional equation that allows for the simultaneity in price...

Persistent link: https://www.econbiz.de/10004963892

Noise Expectation and House Prices

Mense, Andreas; Kholodilin, Konstantin A. - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2012

In this paper, we examine the effects of an airport expansion on the prices of houses and flats located under the planned flight corridors. We focus on the role of expectations about the exposure to noise and find that proximity to the planned corridors significantly reduces real estate prices...

Persistent link: https://www.econbiz.de/10010783990

The Computer Software Industry in East and West: Do Eastern European Countries Need a Specific Science and Technology Policy?

Bitzer, Jürgen - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 1997

National science and technology (S&T) systems are often mentioned as a condition for competitiveness of high technology sectors. Therefore, public S&T policies should actively support the development of national S&T systems. In particular in Eastern Europe an active S&T policy is often demanded...

Persistent link: https://www.econbiz.de/10009228757

Analysis of the World Market for Steam Coal Using a Complementarity Model

Haftendorn, Clemens; Holz, Franziska - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2008

exert market power. However, the trade flows and prices observed in reality suggests that there is some form of market power …

Persistent link: https://www.econbiz.de/10004963772

What Causes Cross-Industry Differences of Technical Efficiency?: An Empirical Investigation

Fritsch, Michael; Stephan, Andreas - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2004

Using micro-level panel data of about 35,000 firms from the German Cost Structure Census, we analyze the differences of technical efficiency across industries. Technical efficiency is estimated by firms' fixed effects. One striking result is that the distribution of technical efficiency across...

Persistent link: https://www.econbiz.de/10005068657

Next Stop: Restructuring?: A Nonparametric Efficiency Analysis of German Public Transport Companies

Hirschhausen, Christian von; Cullmann, Astrid - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2008

In this paper, we present a nonparametric comparative efficiency analysis of 179 communal public transport bus companies in Germany (1990-2004). We apply both deterministic data envelopment analysis (DEA) and bootstrapping to test the robustness of our estimates and to test the hypothesis of...

Persistent link: https://www.econbiz.de/10005068743

The Computer Industry in East and West: Do Eastern European Countries Need a Specific Science and Technology Policy?

Bitzer, Jürgen - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 1997

National science and technology (S&T) systems are mentioned, in politics as well as in science, as a condition for the competitiveness of domestic high technology industries. An active S&T policy has, therefore, great importance for governments. Eastern European countries see, in an active S&T...

Persistent link: https://www.econbiz.de/10005068784

Convergence in Institutions and Market Outcomes: Cross-Country and Time-Series Evidence from the BEEPS Surveys in Transition Economies

Mitra, Pradeep; Muravyev, Alexander; Schaffer, Mark E. - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2008

This paper uses the BEEPS firm-level data to study the process of convergence of transition countries with developed market economies. The primary focus of the study is on competition and market structure, finance and the structure of lending to firms, and how firms respond to the economic...

Persistent link: https://www.econbiz.de/10005068801