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Pay What You Want as a Marketing Strategy in Monopolistic and Competitive Markets
Schmidt, Klaus M. - 2014
voluntarily under PWYW. Furthermore, to see how competition affects the viability of PWYW, we implement markets in which a PWYW …
Persistent link: https://www.econbiz.de/10013043182
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A Generalized Spatial Panel Data Model with Random Effects
Baltagi, Badi H.; Egger, Peter H.; Pfaffermayr, Michael - 2021
This paper proposes a generalized panel data model with random effects and first-order spatially autocorrelated residuals that encompasses two previously suggested specifications. The first one is described in Anselin’s (1988) book and the second one by Kapoor, Kelejian, and Prucha (2007). Our...
Persistent link: https://www.econbiz.de/10013315861
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On the Finite Sample Properties of Pre-Test Estimators of Spatial Models
Piras, Gianfranco - 2014
This paper explores the properties of pre-test strategies in estimating a linear Cliff-Ord-type spatial model when the researcher is unsure about the nature of the spatial dependence. More specifically, the paper explores the finite sample properties of the pre-test estimators introduced in...
Persistent link: https://www.econbiz.de/10013054957
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Unionisation Triggers Tax Incentives to Attract Foreign Direct Investment
Haufler, Andreas; Mittermaier, Ferdi - 2021
This paper analyses tax competition between a unionised and a non-unionised country for the location of an outside firm …
Persistent link: https://www.econbiz.de/10013316523
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Fiscal Transfers in the Spatial Economy
Henkel, Marcel - 2018
Many countries operate pronounced fiscal equalization schemes that shift tax revenue across jurisdictions. We use a general equilibrium model with multiple asymmetric regions, costly trade and labor mobility to carve out the aggregate implications of this policy. Calibrating the model for...
Persistent link: https://www.econbiz.de/10012916533
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Efficiency Enhancing Taxation in Two-Sided Markets
Kind, Hans Jarle - 2008
-valorem taxes. We show that (i) a monopoly may have too high output compared to the social optimum; (ii) output may be reduced by …
Persistent link: https://www.econbiz.de/10012772273
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Platform Intermediation in a Market for Differentiated Products
Galeotti, Andrea - 2008
that the monopoly platform does not introduce distortions over and above those arising from the market power of the … same time increases competition. As a result, the platform lowers the firm fees and raises the consumer charges. In … competition. In this case, the platform raises both the charge to the consumers and the fee for the firms …
Persistent link: https://www.econbiz.de/10012772229
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Complexity, Efficiency, and Fairness of Multi-Product Monopoly Pricing
Miravete, Eugenio J. - 2014
The Pennsylvania Liquor Control Board administers the purchase and sale of wine and spirits and is mandated to charge a uniform 30% markup on all products. We use an estimated discrete choice model of demand for spirits, together with information on wholesale prices, to assess the implications...
Persistent link: https://www.econbiz.de/10013055988
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Genetic Contamination of Traditional Products
Choi, E. Kwan - 2021
Cross-pollination can be caused by birds, insects and wind. Genetically modified (GM) seeds are produced each year in a controlled environment to maintain their purity. However, pollen from the GM crop can be transferred to traditional crops. When the GM crop producers are in long-run...
Persistent link: https://www.econbiz.de/10013315953
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Markets for Information : Of Inefficient Firewalls and Efficient Monopolies
Cabrales, Antonio; Gottardi, Piero - 2021
typically noisy. Also, the market for information tends to be a monopoly, and there is typically inefficiency given by …
Persistent link: https://www.econbiz.de/10013316507