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competition. Where firms have some market power, as in the market for information goods, we expect discriminatory pricing to … become the norm. Apart from posted prices, the internet has extended the use of auctions, even to relatively low-value goods … well as economic efficiency, and may emerge as the principal pricing method for a large number of goods and services. …
Persistent link: https://www.econbiz.de/10005134996
The Internet continues to evolve as it reaches out to a wider user population. The recent introduction of user …-friendly navigation and retrieval tools for the World Wide Web has triggered an unprecedented level of interest in the Internet among the … needed in the control mechanisms used to allocate usage of Internet resources. In this paper, we argue that a feedback signal …
Persistent link: https://www.econbiz.de/10005135089
On 23 February 1999 the Assistant Treasurer referred international telecommunic-ations market regulation for inquiry and report within six months. The report focused on the reform of international telecommunications markets, in particular on the payment arrangements between providers of...
Persistent link: https://www.econbiz.de/10005407765
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This paper develops a model of pricing and advertising in a matching environment with capacity constrained sellers …
Persistent link: https://www.econbiz.de/10005076903
We show that returns policies do increase manufacturer profitability by attenuating price competition between retailers. This effect holds only in the presence of end-user demand uncertainty. The conditions under which a returns policy raises the manufacturer's profit are weaker when retailing...
Persistent link: https://www.econbiz.de/10005134512
This note shows that, with pre-set price and capital decisions of firms facing uncertainty and financial market imperfections, price, mark up and the expected degree of capacity utilization (resp. capital) decreases (resp. increases) with the firm internal net worth.
Persistent link: https://www.econbiz.de/10005134898
The current overview of bundling theory is combined with author's experiences of its practical application into several step-by-step guidelines. These models consist of the whole process of the construction and performance appraisal of product bundles in retail banking sector and show how the...
Persistent link: https://www.econbiz.de/10005134983