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We model differentiated product pricing by firms that possess private information about serially-correlated state variables, such as their marginal costs, and can use prices to signal information to rivals. In a dynamic game, signaling can raise prices significantly above static complete...
Persistent link: https://www.econbiz.de/10012496143
, quality competition came more in the form of costs that vary with hotel size, and less in the form of costs that are fixed …
Persistent link: https://www.econbiz.de/10012480523
This papers analyzes dispersion in the prices that an airline charges to different customers on the same route. Such variation in airlines fares is substantial: the expected absolute difference in fares between two of an airline's passengers on a route averages thirty-six percent of the...
Persistent link: https://www.econbiz.de/10012475215
The main purpose of this paper is to estimate an equilibrium model of private and public school competition that can …
Persistent link: https://www.econbiz.de/10012455321
restraints, thereby, soften retail competition--an impact also generated by resale price maintenance (RPM). However, by …
Persistent link: https://www.econbiz.de/10012455909
expectations of future profits which, in turn, depend on the nature of competition within the market. In this paper we estimate a … by potential entrants, fixed costs faced by incumbent producers, and the toughness of short-run price competition are all …
Persistent link: https://www.econbiz.de/10012463337
The COVID-19 pandemic has devastated many low- and middle-income countries (LMICs), causing widespread food insecurity and a sharp decline in living standards. In response to this crisis, governments and humanitarian organizations worldwide have mobilized targeted social assistance programs....
Persistent link: https://www.econbiz.de/10012599360
Traveling beyond the immediate surroundings of one's residence can lead to greater exposure to new ideas and information, jobs, and greater transmission of disease. In this paper, we document the geographic mobility of individuals in the U.S., and how this mobility varies across U.S. cities,...
Persistent link: https://www.econbiz.de/10012481656
We study the effect of information on technology adoption and productivity in agriculture. Our empirical strategy exploits the expansion of the mobile phone network in previously uncovered areas of rural India coupled with the availability of call centers for agricultural advice. We measure...
Persistent link: https://www.econbiz.de/10012481775
The effective governance of local public services depends critically on the civic engagement of local citizens. However, recent efforts to promote effective citizen oversight of the public-sector services in developing countries have had mixed results. This study discusses and evaluates a...
Persistent link: https://www.econbiz.de/10012455916