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The Value of Incumbency in Heterogeneous Platforms
Biglaiser, Gary - 2016
We study the dynamics of competition in a model with network effects, an incumbent and entry. We propose a new way of …
Persistent link: https://www.econbiz.de/10012994193
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A Simple Model of Health Insurance Competition
Kemnitz, Alexander - 2010
This paper investigates competition between health insurance companies under different financing regulations. We … consider two alternatives advanced in recent German health care reform discussions: competition by contribution rates (health … contributions) and by fees (health premia). We find that contribution rate competition yields lower company profits and higher …
Persistent link: https://www.econbiz.de/10013136650
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Optimal Litigation Strategies with Signaling and Screening
Choné, Philippe; Linnemer, Laurent - 2021
This paper examines the strategic effects of case preparation in litigation. Specifically, it shows how the pretrial efforts incurred by one party may alter its adversary's incentives to settle. We build a sequential game with one-sided asymmetric information where the informed party first...
Persistent link: https://www.econbiz.de/10013316509
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Outsourcing in Contests
Meland, Frode - 2006
increases competition between the contestants, leading to higher total contest effort, unless the ex-post bargaining strength of … stronger competition …
Persistent link: https://www.econbiz.de/10012780560
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Market Power and Welfare in Asymmetric Divisible Good Auctions
Manzano, Carolina - 2020
We analyze a divisible good uniform-price auction that features two groups each with a finite number of identical bidders and present conditions under which a unique privately revealing equilibrium exists. We derive novel comparative static results highlighting that increases in transaction...
Persistent link: https://www.econbiz.de/10012854716
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Market Entry Costs, Underemployment and International Trade
Bougheas, Spiros - 2010
We develop a small, open economy, two-sector model with heterogeneous agents and endogenous participation in a labor matching market. We analyze the implications of asymmetric market entry costs for the patterns of international trade and underemployment. Furthermore, we examine the welfare...
Persistent link: https://www.econbiz.de/10013135452
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Do Cost-Sharing and Entry Deregulation Curb Pharmaceutical Innovation?
Grossmann, Volker - 2011
This paper examines the role of both cost-sharing schemes in health insurance systems and entry regulation for pharmaceutical R&D expenditure, drug prices, aggregate productivity, and income. The analysis suggests that both an increase in the coinsurance rate and stricter price regulations...
Persistent link: https://www.econbiz.de/10013125326
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Entrepreneurial Innovations and Taxation
Haufler, Andreas - 2014
provisions. This points to a basic trade-off between the goals of raising competition in technology-intensive markets and the …
Persistent link: https://www.econbiz.de/10013067942
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Tax Evasion in a Cournot Oligopoly with Endogenous Entry
Goerke, Laszlo - 2017
If an additional competitor reduces output per firm in a homogenous Cournot-oligopoly, market entry will be excessive. Taxes can correct the so-called business stealing externality. We investigate how evading a tax on operating profits affects the excessive entry prediction. Tax evasion raises...
Persistent link: https://www.econbiz.de/10012964693
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Market Access through Bound Tariffs
Sala, Davide - 2009
WTO negotiations deal predominantly with bound - besides applied - tariff rates. But, how can reductions in tariffs ceilings, i.e. tariff rates that no exporter may ever actually be confronted with, generate market access? The answer to this question relates to the effects of tariff bindings on...
Persistent link: https://www.econbiz.de/10013153424