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Bundling and Collusion on Communications Markets
Baranes, Edmond - NET Institute - 2006
This paper deals with competition in communications markets between an incumbent and an entrant. We analyze the effect of bundling strategy by a firm who enters an incumbent market. This market dimension has profound implications on the sustainability of collusion in an infinitely repeated game...
Persistent link: https://www.econbiz.de/10005184810
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Competition, Product Proliferation and Welfare: A Study of the U.S. Smartphone Market
Fan, Ying; Yang, Chenyu - NET Institute - 2014
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
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Estimating the Option Value of Waiting: A Dynamic Entry Game of the U.S. Local Telephone Competition
Fan, Ying; Mo, Xiao - NET Institute - 2010
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