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Competing Against Simulated Equilibrium Price Dispersions: An Experiment On Internet-Assisted Search Markets

García-Gallego, Aurora; Georgantzís, Nikolaos; … - NET Institute - 2005

In a four-treatment experiment, we test some of the hypotheses in García-Gallego et al. (2004) concerning competition among a number of firms of which some (or all) are indexed by a price-comparison engine facilitating buyers’ search process. In this paper, we isolate individual behavior from...

Persistent link: https://www.econbiz.de/10005760642

Risk Attitudes and Internet Search Engines: Theory and Experimental Evidence

García-Gallego, Aurora; Georgantzís, Nikolaos; … - NET Institute - 2004

This paper analyzes the impact on consumer prices of the size and biases of price comparison search engines. We develop several theoretical predictions, in the context of a model related to Burdett and Judd (1983) and Varian (1980), and test them experimentally. The data supports the model’s...

Persistent link: https://www.econbiz.de/10005622725

Interconnecting Differentiated Networks

Alexandrov, Alexei - NET Institute - 2008

I examine interconnection decisions of differentiated firms. I find that previous results that firms never interconnect enough do not hold. In a Hotelling model consumers may suffer from interconnection, and firms may interconnect when it is not socially optimal. The firms interconnect too much...

Persistent link: https://www.econbiz.de/10005585467

Collusion and the political differentiation of newspapers

Antonielli, Marco; Filistrucchi, Lapo - NET Institute - 2011

prices and advertising tariffs. We build on the work of Gabszewicz, Laussel and Sonnac (2001, 2002), whose model we take as …), cover prices are positive and the minimal differentiation outcome does not depend on the size of the advertising market. We … to cooperate in setting cover prices and advertising tariffs but not the editorial line …

Persistent link: https://www.econbiz.de/10010905448