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Contracts, Biases and Consumption of Access Services

Leider, Stephen - 2012

consumer electronics, and club memberships. We demonstrate that consumption is affected by contract structure (pay-peruse vs …. We also measure subjects' willingness to pay for a contract with free access units, and we find that nearly half of … strategy is therefore to offer a contract that pre-sells access units at a very small discount; this strategy increases revenue …

Persistent link: https://www.econbiz.de/10013111994

Building an Equilibrium : Rules Versus Principles in Relational Contracts

Gibbons, Robert - 2020

adapt to exogenous shocks. Specifically, we test the hypothesis that basing a relational contract on general principles … actions that are consistent with what their relational contract prescribes. To investigate whether there is a causal link …

Persistent link: https://www.econbiz.de/10012847369

Utilities Included : Split Incentives in Commercial Electricity Contracts

Jessoe, Katrina - 2019

This paper quantifies a tenant-side "split incentives" problem that exists when the largest commercial sector customers are on electricity-included property lease contracts causing them to face a marginal electricity price of zero. We use exogenous variation in weather shocks to show that the...

Persistent link: https://www.econbiz.de/10012866313

Tenant Riskiness, Contract Length, and the Term Structure of Commercial Leases

Brueckner, Jan K.; Rosenthal, Stuart S. - 2023

contracts. Theory shows that the possibility of default on a long-term lease generates a risk/lease-length connection. The …

Persistent link: https://www.econbiz.de/10014263217

Market Size and Number of Firms with New Technology

Marjit, Sugata; Dastidar, Krishnendu Ghosh; Das, Gouranga - 2022

In this paper, unlike the conventional wisdom, we demonstrate that the relationship between the size of the market and number of firms would be non-monotonic. While moderate rise in the size would force the local firms to exit and only the foreign firm rules, substantial rise in the size would...

Persistent link: https://www.econbiz.de/10014077000

Superstars in Two-Sided Markets : Exclusives or Not?

Carroni, Elias - 2019

This article studies incentives for a premium provider (Superstar) to offer exclusive contracts to competing platforms mediating the interactions between consumers and firms. When platform competition is intense, more consumers subscribe to the platform hosting the Superstar exclusively. This...

Persistent link: https://www.econbiz.de/10012891051

Technology, Market Structure and the Gains from Trade

Impullitti, Giammario; Licandro, Omar; Rendahl, Pontus - 2021

We study the gains from trade in a model with oligopolistic competition, heterogeneous firms and innovation, and provide a formula to decompose the mechanism. The new insight we provide is that market concentration can be a welfare-relevant feature of market power above and beyond markup...

Persistent link: https://www.econbiz.de/10013231972

Negative Intra-Group Externalities in Two-Sided Markets

Belleflamme, Paul; Toulemonde, Eric - 2021

Two types of agents interact on a pre-existing free platform. Agents value positively the presence of agents of the other type but may value negatively the presence of agents of their own type. We ask whether a new platform can find fees and subsidies so as to divert agents from the existing...

Persistent link: https://www.econbiz.de/10013317024

Market structure, technological gap and vertical linkage effects from foreign direct investment

Kadochnikov, Sergey M.; Drapkin, Igor M. - 2008

This paper is based on the model of backward linkages from foreign direct investment (FDI) Lin/Saggi (2003), where the market structure of the final goods sector is represented by a monopoly or Cournot oligopoly, and the supplier sector - by a pure monopoly. We extend this model by examining...

Persistent link: https://www.econbiz.de/10010264311

International trade and retailing

Eckel, Carsten - 2009

The New Trade Theory predicts that international trade lowers prices for consumers and expands the choices available to …

Persistent link: https://www.econbiz.de/10010264598