Showing 1 - 10 of 81
&D, advertising and the competitive environment.The empirical findings confirm the predictions of a dynamic model that complements … results known in static frameworks. First, more competition pushes Neck and Neck firms to advertise more to attract a larger … advertising in order to extract maximal rents; thus, lower costs of ads may favor R&D. …
Persistent link: https://www.econbiz.de/10010738853
Network neutrality has recently been the topic of an important debate, in both the telecommunication and political worlds, because of its potential impact in every-day life. While there has been many studies discussing the advantages and drawbacks of neutrality, there is no game-theoretical...
Persistent link: https://www.econbiz.de/10010820999
competition game, which models the price competition between the MNO and the MVNO; and a subscription game, which models the … value, for the bargain; Nash equilibrium, for the competition; and Wardrop equilibrium, for the subscription. The paper … assesses which conditions lead to an equilibrium where the competition does take place, which are expressed as restrictions for …
Persistent link: https://www.econbiz.de/10010567981
We study the liquidity, defined as the size of the trading volume, in a situation where an infinite number of agents with heterogeneous beliefs reach a trade-off between the cost of a precise estimation (variable depending on the agent) and the expected wealth from trading. The "true" asset...
Persistent link: https://www.econbiz.de/10010548256
We study the liquidity, de ned as the size of the trading volume, in a situation where an in nite number of agents with heterogeneous beliefs reach a trade-o between the cost of a precise estimation (variable depending on the agent) and the expected wealth from trading. The \true" asset price is...
Persistent link: https://www.econbiz.de/10010550926
We deal with the problem of outsourcing the debt for a big investment, according two situations: either the firm outsources both the investment (and the associated debt) and the exploitation to a private consortium, or the firm supports the debt and the investment but outsources the...
Persistent link: https://www.econbiz.de/10010723292
This note investigates the endogenous choice of leadership in commodity tax competition. We apply an endogenous timing … results for the literature of tax competition : when countries differ sufficiently by their size, the "big …
Persistent link: https://www.econbiz.de/10010603660
consider a modal competition between public transport and an alternative mode. Commuters may choose different strategies to …
Persistent link: https://www.econbiz.de/10010930068
The paper examines under what conditions vertically differentiated duopolists engage in first-degree price discrimination. Each firm decides on a pricing regime at a first stage and sets prices at a second stage. The paper shows that when unit cost is an increasing and convex function of...
Persistent link: https://www.econbiz.de/10010750413
consider a modal competition between public transport and an alternative mode. Commuters may choose different strategies to …
Persistent link: https://www.econbiz.de/10010899645