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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 …
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
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Taxation in Two-Sided Markets
Kind, Hans Jarle; Koethenbuerger, Marko; Schjelderup, … - 2021
Two-sided platform firms serve distinct customer groups that are connected through interdependent demand, and include major businesses such as the media industry, banking, and the software industry. A well known textbook result in one-sided markets is that a government may increase a...
Persistent link: https://www.econbiz.de/10013317276
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Taxation and Market Power
Konrad, Kai A. - 2010
We analyze the incidence and welfare effects of unit sales taxes in experimental monopoly and Bertrand markets. We find …, in line with economic theory, that firms with no market power are able to shift a high share of a tax burden on to … consumers, independent of whether buyers are automated or human players. In monopoly markets, a monopolist bears a large share …
Persistent link: https://www.econbiz.de/10013149368
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Booms, Recessions and Financial Turmoil : A Fresh Look at Investment Decisions under Cyclical Uncertainty
Chen, Yu-Fu - 2009
The paper studies the interaction between cyclical uncertainty and investment in a stochastic real option framework where demand shifts stochastically between three different states, each with different rates of drift and volatility. In our setting the shifts are governed by a three-state Markov...
Persistent link: https://www.econbiz.de/10013156881
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Dynamic Incentives and Markov Perfection : Putting the 'Conditional' in Conditional Cooperation
Vespa, Emanuel - 2015
This paper experimentally examines the selection of equilibria in dynamic games. Our baseline treatment is a two-state extension of an indefinitely repeated prisoner's dilemma, which we modify in series of treatments to study the focality of efficiency and symmetry, the effect dynamic and static...
Persistent link: https://www.econbiz.de/10013019850
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Indirect Taxation in Vertical Oligopoly
Peitz, Martin - 2009
This paper analyzes the effects of specific and ad valorem taxation in an industry with downstream and upstream oligopoly. We find that in the short run, i.e. when the number of firms in both markets is exogenous, the results concerning tax incidence tend to be qualitatively similar to models...
Persistent link: https://www.econbiz.de/10012764392