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broker therefore strategically sells partial information on consumers in order to soften competition between firms. Extending …
Persistent link: https://www.econbiz.de/10012914903
We study how net neutrality regulations affect a high-bandwidth content provider's (CP) investment incentives in quality of services (QoS). We find that the effects crucially depend on network capacity levels. With limited capacity, as in mobile networks, prioritized delivery services are...
Persistent link: https://www.econbiz.de/10013046060
industry. The general expectation is that more competition will lead to lower prices and higher volumes, and hence higher … welfare. This paper indicates that this might not happen for at least two reasons. First, energy markets, including the market … for natural gas, are characterized by imperfect competition and increasing costs to develop new energy sources. As a …
Persistent link: https://www.econbiz.de/10013316347
We study how net neutrality regulations affect a high-bandwidth content provider’s (CP) investment incentives in quality of services (QoS). We find that the effects crucially depend on network capacity levels. With limited capacity, as in mobile networks, prioritized delivery services are...
Persistent link: https://www.econbiz.de/10010948849
-sided markets is profitable and explore its welfare implications. Our mechanism can be more widely applied to any markets in which …
Persistent link: https://www.econbiz.de/10012980583
industry. The general expectation is that more competition will lead to lower prices and higher volumes, and hence higher … welfare. This paper indicates that this might not happen for at least two reasons. First, energy markets, including the market … for natural gas, are characterized by imperfect competition and increasing costs to develop new energy sources. As a …
Persistent link: https://www.econbiz.de/10005013042
threshold of legality is uncertain. I show that this legal uncertainty raises welfare. Legal uncertainty changes deterrence in … decreases for firms above the threshold. Hence, legal uncertainty acts as a welfare enhancing screen and increases welfare …
Persistent link: https://www.econbiz.de/10012977556
This paper analyzes the dynamic incentives for technology adoption under a transferable permits system, which allows for strategic trading on the permit market. Initially, firms can invest both in low-emitting production technologies and trade permits. In the model, technology adoption and...
Persistent link: https://www.econbiz.de/10013316030
This paper analyzes the dynamic incentives for technology adoption under a transferable permits system, which allows for strategic trading on the permit market. Initially, firms can invest both in low-emitting production technologies and trade permits. In the model, technology adoption and...
Persistent link: https://www.econbiz.de/10008914285
We discuss the literatures on behavioral economics, bounded rationality and experimental economics as they apply to firm behaviour in markets. Topics discussed include the impact of imitative and satisficing behavior by firms, outcomes when managers care about their position relative to peers,...
Persistent link: https://www.econbiz.de/10013147795