Narrow search
Showing 1 - 10 of 1,889
Cover Image
Non-Horizontal Mergers with Investments into Compatibility
Langus, Gregor - 2019
compatibility and can engage in bundling. We consider the impact of merger on prices, investment and consumer surplus. We also …
Persistent link: https://www.econbiz.de/10012871025
Cover Image
Multiproduct Mergers and the Product Mix in Domestic and Foreign Markets
Chan, Jackie M.L; Irlacher, Michael; Koch, Michael - 2022
post-merger efficiency improvements to reveal a new margin of adjustment along the product dimension. We analyze horizontal … between differentiated varieties. After a merger, acquirers drop products from their consolidated domestic product portfolio … and reallocate assets towards core varieties. We further demonstrate that such merger-induced efficiency gains imply …
Persistent link: https://www.econbiz.de/10013290783
Cover Image
Personalized Pricing with Imperfect Customer Recognition
Colombo, Stefano; Graziano, Clara; Pignataro, Aldo - 2023
We consider a duopoly model where firms can identify only a share of consumers, which is positively correlated with the consumer’ preferences. Firms charge personalized prices to the consumers they can recognize and a uniform price to the rest of consumers. The firms’ available information...
Persistent link: https://www.econbiz.de/10014348131
Cover Image
Monetary Policy, Price Setting, and Credit Constraints
Balleer, Almut - 2019
We estimate the effects of monetary policy on price-setting behavior in administrative micro data underlying the German producer price index. We find a strong degree of monetary non-neutrality. After expansionary monetary policy, the mass of additional price adjustments is economically small and...
Persistent link: https://www.econbiz.de/10012857905
Cover Image
Skills Scarcity and Export Intensity
Perroni, Carlo - 2019
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
Cover Image
Exclusive Data, Price Manipulation and Market Leadership
Gu, Yiquan - 2019
The unprecedented access of firms to consumer level data not only facilitates more precisely targeted individual pricing but also alters firms' strategic incentives. We show that exclusive access to a list of consumers can provide incentives for a firm to endogenously assume the price leader's...
Persistent link: https://www.econbiz.de/10012861421
Cover Image
Prices, Schedules, and Passenger Welfare in Multi-Service Transportation Systems
de Villemeur, Etienne Billette - 2019
We consider a multi-service transportation system in which passengers are heterogeneous along two dimensions, namely ideal departure time and value of time, leading to both horizontal and vertical differentiation. We investigate the behavior of passengers, and assess how service pricing and...
Persistent link: https://www.econbiz.de/10012861431
Cover Image
The Impact of Price Adjustment Costs on Price Dispersion in E-Commerce
Böheim, René - 2019
We analyze price dispersion using panel data from a large price comparison site. We use past pricing behavior to instrument for potential endogeneity that might result from the selection of firms to certain product markets. We find that greater price adjustment costs result in greater price...
Persistent link: https://www.econbiz.de/10012892080
Cover Image
Sales and Markup Dispersion : Theory and Empirics
Mrazova, Monika - 2019
We derive exact conditions relating the distributions of firm productivity, sales, output, and markups to the form of demand in monopolistic competition. Applications include a new “CREMR” demand function (Constant Revenue Elasticity of Marginal Revenue): it is necessary and sufficient for...
Persistent link: https://www.econbiz.de/10012892151
Cover Image
Pricing Pollution
Mideksa, Torben K. - 2020
I examine a policy-making game among countries that must choose both a policy instrument (e.g., a tax or a quota) and its intensity (i.e., the tax rate or the quota level) to price pollution. When countries price pollution non-cooperatively, they not only set the intensity inefficiently, they...
Persistent link: https://www.econbiz.de/10012834363