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Epstein, Gil S.; Nitzan, Shmuel - 2005

The compromise enhancing effect of lobbying on public policy has been established in two typical settings. In the first … demonstrate that in the latter setting, the compromising effect of lobbying need not exist. Our reduced-form, two-stage public …) desires to suckle thereby threatening the public well being more than the lobbying interest groups. The main result specifies …

Persistent link: https://www.econbiz.de/10010261146

Electoral control when policies are for sale

Farvaque, Etienne; Lagadec, Gaël - 2009

This article analyses the dynamics of electoral promises, building on an electoral competition model with endogenous policies. It extends the Grossman-Helpman (1994) model [Grossman G., Helpman E. [1994], Protection for sale, American Economic Review, 84, 4, 833-850] to include sanctions from...

Persistent link: https://www.econbiz.de/10010274511

Discrimination in dynamic procurement design with learning-by-doing

Barbosa, Klenio; Boyer, Pierre C. - 2012

Discriminatory programs that favor local and small firms in government procurement are common in many countries. This paper studies the long-run impact of procurement discrimination on market structure and future competition in industries where learning-by-doing makes incumbent firms more...

Persistent link: https://www.econbiz.de/10010288456

Asset Level Heterogeneity, Competition and Export Incentives : The Role of Credit Rationing

Marjit, Sugata - 2020

Firm heterogeneity is mostly discussed in the literature from the viewpoint of productivity differential. In contrast this paper recognizes wealth heterogeneity as an important factor that results in firm heterogeneity. The issue of wealth heterogeneity and export incentive through credit market...

Persistent link: https://www.econbiz.de/10012836956

Platform Competition with Multi-Homing on Both Sides : Subsidize or Not?

Bakos, Yannis - 2020

A major result in the study of two-sided platforms is the strategic interdependence between the two sides of the same platform, leading to the implication that a platform can maximize its total profits by subsidizing one of its sides. We show that this result largely depends on assuming that at...

Persistent link: https://www.econbiz.de/10012840538

Exchange Competition, Entry, and Welfare

Cespa, Giovanni - 2019

We integrate a market microstructure model with an exchange competition model with entry in which exchanges supply technological services that enhance market participation, and have market power. We find that technological services can be strategic substitutes or complements in platform...

Persistent link: https://www.econbiz.de/10012892152

The Competitive Effects of Declining Entry Costs Over Time : Evidence from the Static Random Access Memory Market

Liu, An-Hsiang - 2020

We focus on the estimation of market entry costs that are declining over time and evaluate their impact on competition and market performance. We employ a dynamic oligopoly model in which firms make entry, exit, and production decisions in the presence of declining entry costs and learning by...

Persistent link: https://www.econbiz.de/10012822507

Dynamic Hospital Competition Under Rationing by Waiting Times

Sá, Luís - 2019

We develop a dynamic model of hospital competition where (i) waiting times increase if demand exceeds supply; (ii) patients choose a hospital based in part on waiting times; and (iii) hospitals incur waiting time penalties. We show that, whereas policies based on penalties will lead to lower...

Persistent link: https://www.econbiz.de/10012866383

Competition and the Role of Group Identity

Cornaglia, Francesca - 2019

The emergence of competition is a defining aspect of human nature and characterizes many important social environments. However, its relationship with how social groups are formed has received little attention. We design an experiment to analyze how individuals' willingness to compete is...

Persistent link: https://www.econbiz.de/10012866401

How Does Competition Affect Reputation Concerns? Theory and Evidence from Airbnb

Rossi, Michelangelo - 2019

I show how changes in competition affect the power of reputation to induce sellers to exert effort. The impact of competition on sellers' incentives is theoretically ambiguous. More competition disciplines sellers, but, at the same time, it erodes reputational premia. This paper identifies...

Persistent link: https://www.econbiz.de/10012857911