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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
existing models of asymmetric duopoly and symmetric oligopoly where consumer expectations about market shares are passive. We …
Persistent link: https://www.econbiz.de/10009358864
We analyze how termination charges affect retail prices when taking into account that receivers derive some utility from a call and when firms may charge consumers for receiving calls. A novel feature of our paper is that we consider passive self-fulfilling expectations and do not allow for...
Persistent link: https://www.econbiz.de/10008677873
An important issue in economics is how market structure affects prices. While the standard view is that competition lowers prices, Chen and Riordan (2006) argued that with product differentiation it is not exceptional for prices to be higher under duopoly than monopoly. This paper empirically...
Persistent link: https://www.econbiz.de/10005622708
results, has emerged as a predominant form of advertising on the Internet. This paper studies a product-di¤erentiation model …
Persistent link: https://www.econbiz.de/10005459404