Showing 1 - 10 of 86
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
Theories of multi-sided markets suggest that a platform’s pricing strategies on different sides of the market are closely linked, and in particular, an increase in competition on one side may lead to an increase in price on other sides. We empirically examine platforms’ pricing strategies by...
Persistent link: https://www.econbiz.de/10008673515
This paper investigates the price war in the UK quality newspaper industry in the 1990s. We build a model of the newspaper market which encompasses demand for differentiated products on both, the readers and advertisers side of the market, and profit maximization by four competing oligopolistic...
Persistent link: https://www.econbiz.de/10008525325
This paper advances our collective knowledge about the role of learning in retail agglomeration. Uncertainty about new markets provides an opportunity for sequential learning, where one firm's past entry decisions signal to others the potential profitability of risky markets. The setting is...
Persistent link: https://www.econbiz.de/10009358875
We test the effect of entry on the tariff choices of incumbent cellular firms. We relate the change in the breadth of calling plans between 1996, when incumbents enjoyed a duopoly market, and 1998, when incumbents faced increased competition from personal communications services (PCS) firms....
Persistent link: https://www.econbiz.de/10005585454
In this paper I study how innovation investment in a software duopoly is affected by the fact that one of the firms is … find that a PS duopoly might generate more innovation than a mixed duopoly if the initial technological gap between firms … is small. However if this gap is large, a PS duopoly generates less innovation than a mixed duopoly. I then extend the …
Persistent link: https://www.econbiz.de/10008479200
exchanged good are determined by fundamental (common) shocks. At the same time, design innovation in contemporaneous markets …
Persistent link: https://www.econbiz.de/10010905451
This paper empirically investigates the relation between vertical integration and video game performance in the US video game industry. For this purpose, we use a widely used data set from NPD on video game monthly sales from October 2000 to October 2007. We complement these data with handly...
Persistent link: https://www.econbiz.de/10008672215
We analyze the linking and versioning strategies of a media firm when facing competition from blogs, search engines and news aggregators. First, we show that when the publisher competes against a blog it is less likely to release a “fighting version” if this generates significant spillovers...
Persistent link: https://www.econbiz.de/10010584164
This paper explores differences in consumers' grocery shopping behavior when they shop online and in a brick-and-mortar store. To do so, I assemble a new scanner dataset that tracks customers' grocery purchases in-store and on the Internet. This allows comparison in behavior of the same...
Persistent link: https://www.econbiz.de/10008514804