Showing 1 - 10 of 68
Consider a monopolist who sells a durable good, and repairs the good if it breaks down. Suppose that contracts that specify future repair prices cannot be written, so that there is an aftermarket" situation. When consumers are risk-averse, the monopolist chooses inefficiently high repair prices;...
Persistent link: https://www.econbiz.de/10011092790
For many goods (such as experience goods or addictive goods), consumers' preferences may change over time.In this paper, we examine a monopolist's optimal pricing schedule when current consumption can affect a consumer's valuation in the future and valuations are unobservable.We assume that...
Persistent link: https://www.econbiz.de/10011092378
Persistent link: https://www.econbiz.de/10011092292
We analyze the incidence and welfare e¤ects of unit sales taxes in experimental monopoly and Bertrand markets. We nd … consumers, independent of whether buyers are automated or human players. In monopoly markets, a monopolist bears a large share …
Persistent link: https://www.econbiz.de/10011090400
In the paper the impact of R&D cooperation on prices in experimental duopoly markets is examined.As a theoretical benchmark for the experiment, a two-stage duopoly model with an R&D stage with technological spillovers and a pricing stage is used.For two scenarios of technological spillovers (no...
Persistent link: https://www.econbiz.de/10011092740
Schumpeterian argument for monopoly power, the Nickell/Porter argument for competitive pressure and the infant industry argument for …
Persistent link: https://www.econbiz.de/10011091628
This paper gives a survey of insights into inter-firm alliances and networks for innovation, from a constructivist … myopia that, for the sake of innovation, needs to be complemented by means of outside relations with other firms, at larger … cognitive distance. Hence the importance of networks for innovation.On the governance side, the paper gives a review of …
Persistent link: https://www.econbiz.de/10011092744
The process of innovation is driven by two main factors: new inventions and institutions supporting the transformation …
Persistent link: https://www.econbiz.de/10011092791
This paper uses a cognitive theory of firms and organizations, with a focus on learning and innovation.Here, cognition … collaboration between firms, for learning and innovation, in the combination of capabilities between rather than within the firm …
Persistent link: https://www.econbiz.de/10011090370
This paper examines the relationship between competition, innovation and productivity for the Netherlands. We use … innovation data from Community Innovation Survey with accounting data to link innovative activities with performance at the … through more innovation. Nonetheless, there exists an inverted U- curve between competition and innovation for the Netherlands …
Persistent link: https://www.econbiz.de/10011090737