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Allowing for three labor market settings (perfect competition or right-to-manage bargaining, efficient bargaining and monopsony), this paper relies on an extension of Hall's econometric framework for estimating simultaneously price-cost margins and scale economies. Using an unbalanced panel of...
Persistent link: https://www.econbiz.de/10011257098
This discussion paper led to an article in <I>Games and Economic Behavior</I> (2012), pp. 120-138.<P> 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,...</p></i>
Persistent link: https://www.econbiz.de/10011255624
We present an oligopoly model where a certain fraction of consumers engage in costly non-sequential search to discover …
Persistent link: https://www.econbiz.de/10011255756
is severe. In a symmetric Bertrand oligopoly where products may differ only in their quality, production cost is …
Persistent link: https://www.econbiz.de/10011255858
We study a consumer non-sequential search oligopoly model with search cost heterogeneity. We first prove that an …
Persistent link: https://www.econbiz.de/10011256013
We modify the paper of Stahl (1989) [Stahl, D.O., 1989. Oligopolistic pricing with sequential consumer search. American Economic Review 79, 700–12] by relaxing the assumption that consumers obtain the first price quotation for free. When all price quotations are costly to obtain, the unique...
Persistent link: https://www.econbiz.de/10011256195
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/10011256946
This paper presents an empirical examination of oligopoly pricingand consumer search. The theoretical model allows for …
Persistent link: https://www.econbiz.de/10011256993
standard price and quantity setting oligopoly models. We then study the relation between the number of joint projects and …
Persistent link: https://www.econbiz.de/10011257192
This discussion paper resulted in a publication in <A HREF="http://www.sciencedirect.com/science/article/pii/S019126151200063X#"<I>Transportation Research B: Methodological</I></A>, 2012, 46(8), 971-983.<P> 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...</p></a>
Persistent link: https://www.econbiz.de/10011257231