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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
We consider a structural model of demand and supply where firms endogenously offer vertically differentiated products and exercise second-degree price discrimination. We apply this model to the smartphone industry and quantify the welfare effects of price discrimination and competition. We use...
Persistent link: https://www.econbiz.de/10010933639
We estimate a dynamic oligopoly entry game in the early U.S. local telephone market. We observe the identities of … potential entrants into local markets and therefore the waiting time of each potential entrant before it commits actual entry …. We find that firm-level heterogeneity in entry costs plays a significant role in determining a firm's entry behavior into …
Persistent link: https://www.econbiz.de/10010905477