Showing 1 - 10 of 286
This paper examines how product market competition affects firms' timing of adopting a new technology as well as … but also among markets with Cournot and Bertrand competition. More specifically, Cournot competition can lead to earlier … adoption than Bertrand competition. It shows also that competition toughness does not always reinforce adoption incentives …
Persistent link: https://www.econbiz.de/10010265992
Services form an increasing proportion of the inputs used in manufacturing. We explore empirically whether competition …-data for services, we calculate proxies for competition in services, and then use Input-Output matrices to link services to … manufacturing sectors. we find that there is a positive and significant relation between the extent of competition and firms …
Persistent link: https://www.econbiz.de/10010266094
We analyze vertical product differentiation in a model where a good's quality is unobservable to buyers before purchase, a continuum of quality levels is technologically feasible, and minimum quality is supplied under competitive conditions. After purchase the true quality of the good is...
Persistent link: https://www.econbiz.de/10010261256
What factors determine whether it is optimal with one or more technologies in a decarbonized road transport sector, and what policies should governments choose? We investigate these questions theoretically and numerically through a static, partial equilibrium model for the road transport market....
Persistent link: https://www.econbiz.de/10012833722
Our novel approach to modeling monopolistic competition with heterogeneous consumers involves a space of … conditions for positive sorting: more efficient firms serve larger market segments and face tougher competition in the …
Persistent link: https://www.econbiz.de/10012841747
We describe a model of trade with input based product differentiation and non-proportional trade costs that is capable of predicting a positive correlation between firms' export intensity, the price of their exports, and the wages they pay to their workers. These correlations arise in the model...
Persistent link: https://www.econbiz.de/10012861386
before the merger. While the low-variety target’s stores reduced the depth of their assortment when in direct competition … chains’ response to changes in local competition …
Persistent link: https://www.econbiz.de/10013222202
A durable good monopolist faces a continuum of heterogeneous customers who make purchase decisions by comparing present and expected price-quality offers. The monopolist designs a sequence of price-quality menus to segment the market. We consider the Markov Perfect Equilibrium (MPE) of a game...
Persistent link: https://www.econbiz.de/10013212257
This paper analyzes the generalized quality differentiation model in multi-sided markets with positive externalities, which leads to new insights into the optimal pricing structure of the firm. We find that quality differentiation for users on one side affects not only the side involving...
Persistent link: https://www.econbiz.de/10013214328
A monopolist producing vertically differentiated durable goods can offer in each period a sequence of price-quality menus to segment the market. We show that, contrary to the Coase conjecture for the homogeneous durable good monopoly, thanks to the ability to produce differentiated durable...
Persistent link: https://www.econbiz.de/10013324224