Showing 1 - 10 of 99
welfare effects of entry into residential local telephone service in New York State using household-level data from September …
Persistent link: https://www.econbiz.de/10005622691
In this paper, we evaluate the consumer welfare effects of entry into residential local phone service in New York State … first quarter of 2003. Our results indicate that as a result of entry households that subscribe to one of the entrants … nature of the data, we decompose the households' overall gains from entry and find that benefits due to firm differentiation …
Persistent link: https://www.econbiz.de/10005622703
We test the effect of entry on the tariff choices of incumbent cellular firms. We relate the change in the breadth of … from personal communications services (PCS) firms. Entry by PCS competitors differed across geographic markets due to the … upgrade their technology from the old analog technology to the new digital technology in markets with more entry, suggesting …
Persistent link: https://www.econbiz.de/10005585454
This paper empirically analyzes how the use of vertical price restraints has impacted retail prices in the market for e-books. In 2010 five of the six largest publishers simultaneously adopted the agency model of book sales, allowing them to directly set retail prices. This led the Department of...
Persistent link: https://www.econbiz.de/10010934840
We discuss strategic ways that sellers can use tying and bundling with requirement conditions to extract consumer surplus. We analyze different types of tying and bundling creating (i) intra-product price discrimination; (ii) intra-consumer price discrimination; and (iii) inter-product price...
Persistent link: https://www.econbiz.de/10010938600
We study merger waves in vertically related industries where firms can engage in both vertical and horizontal mergers. Even though any individual merger would have been profitable, firms may refrain from merging for fear of negative impacts from other mergers. When they do merge, however, they...
Persistent link: https://www.econbiz.de/10009358869
I discuss the impact of tying, bundling, and loyalty/requirement rebates on consumer surplus in the affected markets. I show that the Chicago School Theory of a single monopoly surplus that justifies tying, bundling, and loyalty/requirement rebates on the basis of efficiency typically fails....
Persistent link: https://www.econbiz.de/10008774549
The success of the Kindle e-book platform and the increased popularity of e-books among members of the reading community have attracted extensive interest in the high-tech industry. New platform providers are jumping in the market to compete for device and e-book sales. In this paper, we model...
Persistent link: https://www.econbiz.de/10010905457
See http://www.netinst.org/NET_Working_Papers.html #46
Persistent link: https://www.econbiz.de/10005585458
We examine the price decisions in a vertically differentiated duopoly where the decision to buy a good depends not only upon the intrinsic utility from consuming it but also upon the social attributes (prestige, uniqueness etc.) associated with its consumption. These social attributes are...
Persistent link: https://www.econbiz.de/10010583867