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We analyze price dispersion using panel data from a large price comparison site. We use past pricing behavior to … greater price adjustment costs result in greater price dispersion. Although the impact of price adjustment costs on price … dispersion became weaker over time, the causal effect of price adjustment costs on price dispersion is still present at the end …
Persistent link: https://www.econbiz.de/10012892080
Data brokers collect, manage, and sell customer data. We propose a simple model, in which data brokers sell data to downstream firms. We characterise the optimal strategy of data brokers and highlight the role played by the data structure for co-opetition. If data are “sub-additive”, with...
Persistent link: https://www.econbiz.de/10012891572
We analyze price dispersion using panel data from a large price comparison site. We use past pricing behavior to … greater price adjustment costs result in greater price dispersion. Although the impact of price adjustment costs on price … dispersion became weaker over time, the causal effect of price adjustment costs on price dispersion is still present at the end …
Persistent link: https://www.econbiz.de/10012018201
a reservation bid for low-price auctions. Extending results from the empirical auction literature and employing a …
Persistent link: https://www.econbiz.de/10013317322
Over the period 2015-2017, the five giant technologically leading firms, Google, Amazon, Facebook, Amazon and Microsoft (GAFAM) acquired 175 companies, from small start-ups to billion dollar deals. By investigating this intense M&A, this paper ambitions a better understanding of the Big Five's...
Persistent link: https://www.econbiz.de/10012842674
We study the effect of internet diffusion on childbirth procedures performed in England between 2000 and 2011. We exploit an identification strategy based on geographical discontinuities in internet access generated by technological factors. We show that broadband internet access increased...
Persistent link: https://www.econbiz.de/10013314858
incentives for a firm to endogenously assume the price leader’s role, and so to strategically manipulate its rival’s price …. Prices and profits are non-monotonic in the length of the consumer list. For an intermediate size, price leadership entails a …
Persistent link: https://www.econbiz.de/10012141054
incentives for a firm to endogenously assume the price leader's role, and so to strategically manipulate its rival's price …. Prices and profits are non-monotonic in the length of the consumer list. For an intermediate size, price leadership entails a …
Persistent link: https://www.econbiz.de/10012861421
We analyse the drivers of European Power Exchange (EPEX) wholesale electricity prices between 2012 and early 2022 using machine learning. The agnostic random forest approach that we use is able to reduce in-sample root mean square errors (RMSEs) by around 50% when compared to a standard linear...
Persistent link: https://www.econbiz.de/10014081588
-movements and exchange shutdowns in 34 major countries around the world over the period 20 July 2010 – 5 February 2020. Under the … behaviour of investors and on Bitcoin price co-movements. Further, the probability of Bitcoin exchanges shutdowns is higher in …
Persistent link: https://www.econbiz.de/10012841932