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The evolution of retail banking services in United Kingdom: a retrospective analysis

Consoli, Davide - EconWPA - 2003

The purpose of this paper is to assess the sequence of technological changes occurred in the retail banking sector of the United Kingdom against the emergence of customer services by developing an evolutionary argument. The historical paradigm of Information Technology provides useful insights...

Persistent link: https://www.econbiz.de/10005134541

Heterogeneity in Price Rigidity: Evidence from a Case Study Using Micro-Level Data

Levy, Daniel; Dutta, Shantanu; Bergen, Mark - EconWPA - 2004

We combine two data sets to study price rigidity. The first consists of weekly time series of retail, wholesale, and …

Persistent link: https://www.econbiz.de/10005412696

Can High Prices Ensure Product Quality When Buyers do not Know the Sellers' Cost?

Rasmusen, Eric; Perri, Timothy - EconWPA - 1999

they earn from quality- assuring price premia, and it relies on consumers knowing the cost functions of firms. In the …

Persistent link: https://www.econbiz.de/10005561438

Advertising, Pricing & Market Structure in Competitive Matching Markets

Bataille, Edner; Julien, Benoit - EconWPA - 2005

advertising level, and market structure. The relationship results from a trade off between a price effect and a market structure …

Persistent link: https://www.econbiz.de/10005076903

Elektronik ticaretin gelismekte olan ülkelere etkileri ve Türkiye üzerine bir degerlendirme

yumusak, ibrahim güran - EconWPA - 2004

Bilginin iktisadi açýdan öneminin artmasý, konuyla ilgili olarak yapýlan akademik çalýþmalarýn çoðalmasýna ve ilgi görmesine neden olmaktadýr. Teorik ve ampirik çalýþmalarda bilginin elde edilmesi, yayýlmasý ve iktisadi geliþmeyi etkilemesi gibi konulara sýklýkla yer...

Persistent link: https://www.econbiz.de/10005126364

One-Way Compatibility, Two-Way Compatibility and Entry in Network Industries

Manenti, Fabio M.; Somma, Ernesto - EconWPA - 2002

We study the strategic choice of compatibility between two initially incompatible network goods in a two-stage game played by an incumbent and an entrant firm. Compatibility may be achieved by means of a converter. We derive a number of results under different assumptions about the nature of the...

Persistent link: https://www.econbiz.de/10005134422

Quality Externalities among Hotel Establishments: What is the Impact of Tour Operators

Calveras, Aleix; Vera-Hernandez, Marcos - EconWPA - 2003

This paper is about quality decisions in a vertical structure where competitive producers sell to powerful retailers. Specifically, we focus the analysis on the role played by a tour operator on quality investments when distributing the capacity of a given tourist destination. We emphasize the...

Persistent link: https://www.econbiz.de/10005134461

The Competitive Effects of Price-Floors

Bhaskar, V.; UK, Andrews KY16 9AL - EconWPA - 1996

We analyze the effects of a legally-binding price floor using Hotelling's model of locational competition. A moderate … price-floor destroys the maximal differentiation equilibrium of d'Aspremont et. al., by allowing firms to compete more … aggressively for market share. Minimum differentiation results, with lower equilibrium prices. A low price floor results in …

Persistent link: https://www.econbiz.de/10005134523

Advertising in the US Personal Computer Industry

Goeree, Michelle Sovinsky - EconWPA - 2005

Traditional models of consumer choice assume consumers are aware of all products for sale.This assumption is questionable, especially when applied to markets characterized by a high degree of change, such as the personal computer (PC) industry. I present an empirical discrete-choice model of...

Persistent link: https://www.econbiz.de/10005134551

Moral Hazard and Private Monitoring

Bhaskar, V.; Damme, Eric van - EconWPA - 1998

We analyze a model of repeated bilateral trade with moral hazard, where the quality of goods received can differ from the quality despatched due to deterioration during transportation. Since the sender does not observe the quality of good received and the receiver does not observe the quality...

Persistent link: https://www.econbiz.de/10005407576

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