Showing 1 - 10 of 377
sharing across firms benefits consumers in our framework because it intensifies competition in our horizontal differentiation …, and this reduces their profitability. It might appear that platform sharing across firms makes consumers worse off because … channels through which a merger makes consumers worse off in the presence of platform sharing. …
Persistent link: https://www.econbiz.de/10005084694
We study entry and bidding patterns in sealed bid and open auctions with heterogeneous bidders. Using data from U.S. Forest Service timber auctions, we document a set of systematic effects of auction format: sealed bid auctions attract more small bidders, shift the allocation towards these...
Persistent link: https://www.econbiz.de/10005830377
consumers based, in part, on the quality and breadth of their provider network. We then review the large empirical literature on … of market structure on quality of health care. The paper then moves on to consider competition in health insurance …
Persistent link: https://www.econbiz.de/10009223314
We introduce a simple and robust approach to answering two key questions in empirical auction analysis: discriminating between models of entry and quantifying the revenue gains from improving auction design. The approach builds on Bulow and Klemperer (1996), connecting their theoretical results...
Persistent link: https://www.econbiz.de/10010951042
We measure the impact of increased health insurer competition on negotiated hospital prices using detailed 2004 … competition. We find that in--creasing competition reduces hospital prices on average, but that the most attractive hospitals can … leverage increased competition to negotiate higher rates. This bargaining effect creates in--centives for further hospital …
Persistent link: https://www.econbiz.de/10010951472
This is a survey of the economic principles that underlie antitrust law and how those principles relate to competition … policy. We address four core subject areas: market power, collusion, mergers between competitors, and monopolization. In each …
Persistent link: https://www.econbiz.de/10005049968
under competition with non-deceptive counterfeiting and deceptive counterfeiting, respectively, as well as under monopoly … consumers have good faith in the market (believe in a low probability that any product is a counterfeit). When the proportion of …
Persistent link: https://www.econbiz.de/10010607943
services on the demand for piracy. We use ABC's decision to add its content to Hulu.com as a natural experiment and show that … it resulted in an economically and statistically significant drop in piracy of that content. …
Persistent link: https://www.econbiz.de/10011264925
We study the logic of Peronist interventionist polices and the beliefs that support them. Instead of a comprehensive approach, we focus on three elements. First, we study beliefs and values about the economic system present in Peron's speeches during the period 1943-55. Second, we study survey...
Persistent link: https://www.econbiz.de/10008764660
competition policy issues, including market definition, mergers, monopolization, and coordinated behavior. It provides a survey of …
Persistent link: https://www.econbiz.de/10010796612