Showing 1 - 10 of 1,625
applies more generally to duopoly pricing …
Persistent link: https://www.econbiz.de/10013141885
Patient mobility is a key issue in the EU who recently passed a new law on patients’ right to EU-wide provider choice …. In this paper we use a Hotelling model with two regions that differ in technology to study the impact of patient mobility … on health care quality, health care financing and welfare. We show that without patient mobility quality is too low (high …
Persistent link: https://www.econbiz.de/10013315635
The TV industry is a two-sided market where both advertisers and viewers buy access to the programs offered by competing TV channels. Under the current market structure advertising prices are typically set by TV channels while viewer prices are set by distributors (e.g. cable operators). The...
Persistent link: https://www.econbiz.de/10013144903
This paper sheds light on an empirical controversy about the effect of competition on price discrimination. We introduce individual demand uncertainty into Hotelling’s model of product differentiation and show that firms offer advance purchase discounts. Consumers choose between an early...
Persistent link: https://www.econbiz.de/10013315680
We consider a therapeutic market with potentially three pharmaceutical firms. Two of the firms offer horizontally differentiated brand-name drugs. One of the brand-name drugs is a new treatment under patent protection that will be introduced if the profits are sufficient to cover the entry...
Persistent link: https://www.econbiz.de/10013317373
Slotting allowances are fees paid by manufacturers to get access to retailers' shelf space. Both in the USA and Europe, the use of slotting allowances has attracted attention in the general press as well as among policy makers and economists. One school of thought claims that slotting allowances...
Persistent link: https://www.econbiz.de/10013317427
, in line with economic theory, that firms with no market power are able to shift a high share of a tax burden on to …
Persistent link: https://www.econbiz.de/10013149368
approach used in earlier papers. Consumers choose between two duopoly carriers, each of which has evenly spaced flights, by …
Persistent link: https://www.econbiz.de/10012778443
We build a two-country model with an international duopoly and capital-market integration. We examine how the … convergence of the cost of capital, due to its mobility, affects the welfare of each country and their joint welfare. We fi nd … that international capital mobility, which equalizes the return to capital between the two countries, reduces their joint …
Persistent link: https://www.econbiz.de/10012894683
We compare the strategic potential of Corporate Social Responsibility and Customer Orientation as commitments to larger quantities in Cournot competition. In addition to profits, firms can choose to care for the surplus of either all consumers (CSR) or their own customers only (CO), and if so,...
Persistent link: https://www.econbiz.de/10013009879