Showing 1 - 10 of 127
An experiment is conducted were subjects interact repeatedly to examine the effect of a particular leniency program on …
Persistent link: https://www.econbiz.de/10005137065
We study a consumer non-sequential search oligopoly model with search cost heterogeneity. We first prove that an …
Persistent link: https://www.econbiz.de/10005209478
oligopoly and present a new maximum likelihood method to estimate search costs. We apply our method to a data set of online …
Persistent link: https://www.econbiz.de/10005144542
We consider an oligopolistic market where firms compete in price and quality and where consumers are heterogeneous in knowledge: some consumers know both the prices and quality of the products offered, some know only the prices and some know neither. We show that two types of signalling...
Persistent link: https://www.econbiz.de/10005136872
is severe. In a symmetric Bertrand oligopoly where products may differ only in their quality, production cost is …
Persistent link: https://www.econbiz.de/10005137397
This paper describes a classroom experiment that illustrates the research and development investment incentives facing …-rider problem, collusion, and antitrust policy regarding research and development. …
Persistent link: https://www.econbiz.de/10005504934
first-price sealed-bid auction (FPSB). In theory, both tacit and overt collusion are always incentive compatible in EN while … overt collusion, stable cartels buy at a lower price in EN than in FPSB resulting in a lower average winning bid in EN. …
Persistent link: https://www.econbiz.de/10008752907
This paper tests whether upstream R&D cooperation leads to downstream collusion. We consider an oligopolistic setting … where firms enter in research joint ventures (RJVs) to lower production costs or coordinate on collusion in the product …
Persistent link: https://www.econbiz.de/10008692325
We present a strategic game of pricing and targeted-advertising. Firms can simultaneously target price advertisements to different groups of customers, or to the entire market. Pure strategy equilibria do not exist and thus market segmentation cannot occur surely. Equilibria exhibit random...
Persistent link: https://www.econbiz.de/10005795572
We study road supply by competing firms between a single origin and destination. In previous studies, firms simultaneously set their tolls and capacities while taking the actions of the others as given in a Nash fashion. Then, under some widely used technical assumptions, firms set a...
Persistent link: https://www.econbiz.de/10009201124