We investigate how the pass-through rate of commodity taxes depends on competition in a setting where consumers have … of price sensitive consumers, the higher the pass-through rate. Second, there is a hump-shaped relationship between the … changes to diesel and gasoline prices using a unique dataset containing the universe of price changes at fuel stations in …

explains large price heterogeneities across buyers, drug classes, and time periods. Additionally, of the drug price variation … transaction volume, buyer's loyalty, and multiple drug purchases strengthens buyer's bargaining power and results in a drug price …

We integrate a market microstructure model with an exchange competition model with entry in which exchanges supply … strategic substitutes or complements in platform competition. Free entry of platforms delivers a superior outcome in terms of …

The concept of electoral competition plays a central role in many subfields of political science, but no consensus …

This paper studies a market for a medical product in which there is perfect competition among health insurers, while … copayments (specific reimbursements). We show that the induced equilibrium with copayments involves a lower producer price and a … higher level of welfare for consumers. This results provides strong support for a reference price based reimbursement policy …

the high-quality firm’s product than vice versa. The high-quality firm is better shielded from price competition, as its … experiences a higher competitive pressure on price since low-quality consumers are more price sensitive and switch more easily to …

win rebates can effectively encourage further conservation among those who can meet the threshold reduction. The theory …