Showing 1 - 10 of 2,113
We study the gains from trade in a model with oligopolistic competition, heterogeneous firms and innovation, and …-relevant feature of market power above and beyond markup dispersion. Trade liberalisation increases foreign competition and reduces the …
Persistent link: https://www.econbiz.de/10013231972
of multi-homing on both sides is mostly ignored in the literature on competition between two-sided platforms. We help … fill this gap by developing a model for platform competition in a differentiated setting (a Hoteling line), which is …
Persistent link: https://www.econbiz.de/10012840538
We test for the distributional effects of regulation and entry in the mobile telecommunications sector in a highly unequal country, South Africa. Using six waves of a consumer survey of over 134,000 individuals between 2009-2014, we estimate a discrete-choice model allowing for...
Persistent link: https://www.econbiz.de/10012866874
In the past several decades, the U.S. economy has witnessed a number of striking trends that indicate a rising market concentration and a slowdown in business dynamism. In this paper, we make an attempt to understand potential common forces behind these empirical regularities through the lens of...
Persistent link: https://www.econbiz.de/10012861420
stress that competition and regulatory authorities should take seriously the potential trade-off between market power effects …
Persistent link: https://www.econbiz.de/10011698676
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
-negative pricing constraint binds or not. Our results provide a rationale for a tougher competition policy to curb concentration if … competition authorities put more weight on consumer surplus in welfare calculations …
Persistent link: https://www.econbiz.de/10012822500
refinement, the monotonicity criterion, is adopted, network competition may have a unique subgame-perfect equilibrium regarding …
Persistent link: https://www.econbiz.de/10013291317
Many data situations require the consideration of network effects among the cross-sectional units of observation. In this paper, we present a generalized panel model which accounts for two features: (i) three types of network effects on the right-hand side of the model, namely through weighted...
Persistent link: https://www.econbiz.de/10013315048
In this paper, we examine how the introduction of network externalities impact an open and vertically integrated platform’s post-merger contractual relationship with third-party sellers distributing through its marketplace. Regardless of whether the platform uses linear contracts or two-part...
Persistent link: https://www.econbiz.de/10014077333