Showing 1 - 10 of 32
No abstract.
Persistent link: https://www.econbiz.de/10010611592
We investigate whether temporal preferences expressed as a sum of discounted consumption utilities can be derived from a welfare representation in the form of a sum of discounted total utilities. We find that a consumption-based representation in the usual exponential form corresponds to...
Persistent link: https://www.econbiz.de/10005645410
Is discounting of future instantaneous utilities consistent with altruism towards future selves? More precisely, can …-utility discounting. None of the usual discount functions satisfy all desiderata, but we propose a simple class of discount functions …
Persistent link: https://www.econbiz.de/10005645443
No abstract.
Persistent link: https://www.econbiz.de/10010685058
Media firms sometimes allow consumers to pay to remove advertisements from an advertisement-based product. We formally examine an ad-based monopolist's incentives to introduce this option. When deciding whether to introduce the option to pay, the monopolist compares the potential direct revenues...
Persistent link: https://www.econbiz.de/10005025456
integrated at the distributor level by parallel imports (PI). In this context we show that if competition policy requires uniform … competition policy may not be optimal for consumer welfare. …
Persistent link: https://www.econbiz.de/10005645294
What is the impact of the increasing dominance of conventional firms in e-commerce? We use a simple model to show that retailers who only sell through Internet have lower on-line prices than retailers who also sell through conventional stores. This proposition is firmly supported by our...
Persistent link: https://www.econbiz.de/10005645335
information and competence of households, in combination with stiffer competition among firms, will also increase the power of …
Persistent link: https://www.econbiz.de/10005082491
No abstract.
Persistent link: https://www.econbiz.de/10010611584
No abstract.
Persistent link: https://www.econbiz.de/10010611597