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Making the World a Better Place : Consumers' Group Identity in the Markets with Competition and Two-Sided Opportunism

Kanniainen, Vesa - 2016

competition and the group effect support the profits of firms with a high ethical code. Paradoxically, a strong group identity …

Persistent link: https://www.econbiz.de/10012993694

Dynamic Entry in Vertically Differentiated Markets

Auer, Raphael; Sauré, Philip U. - 2021

We develop a model of vertical innovation in which firms incur a market entry cost and choose a unique level of quality. Once established, firms compete for market shares, selling to consumers with heterogeneous tastes for quality. The equilibrium of the pricing game exists and is unique within...

Persistent link: https://www.econbiz.de/10013315485

Cross-Ownership, R&D Spillovers, and Antitrust Policy

López, Ángel L. - 2017

This paper considers cost-reducing R&D investment with spillovers in a Cournot oligopoly with overlapping ownership. We show that overlapping ownership leads to internalization of rivals' profits by firms and find that, for demand not too convex, increases in overlapping ownership increase...

Persistent link: https://www.econbiz.de/10012968865

Policy Innovations, Political Preferences, and Cartel Prosecutions

Ghosal, Vivek - 2015

While price-fixing cartel prosecutions have received significant attention, the policy determinants and the political preferences that guide such antitrust prosecutions remain understudied. We empirically examine the intertemporal shifts in U.S. antitrust cartel prosecutions during the period...

Persistent link: https://www.econbiz.de/10013012564

Salience, Competition, and Decoy Goods

Herweg, Fabian - 2016

competition by a competitive fringe that produces low quality. We show that the brand manufacturer optimally provides a decoy good …

Persistent link: https://www.econbiz.de/10012977553

Two-Sided Markets with Pecuniary and Participation Externalities

Schmidtke, Richard - 2021

point of view perfect competition is not always desirable …

Persistent link: https://www.econbiz.de/10013317490

Price vs. Quantity Competition in a Vertically Related Market Revisited

Basak, Debasmita - 2017

In a recent paper, Alipranti et al. (2014, Price vs. quantity competition in a vertically related market, Economics … Letters, 124: 122-126) show that in a vertically related market Cournot competition yields higher social welfare compared to … Bertrand competition if the upstream firm subsidises the quantity setting downstream firm's production via negative wholesale …

Persistent link: https://www.econbiz.de/10012965632

Do Consumers Buy Less of a Taxed Good?

Kind, Hans Jarle - 2006

This paper shows that consumers may buy more of a taxed good if it is sold by a two-sided platform firm. Two-sided platform industries serve distinct customer groups that are connected through interdependent demand, and include major businesses such as the media industry (newspapers/magazines...

Persistent link: https://www.econbiz.de/10012783321

Heterogenous Switching Costs

Biglaiser, Gary - 2014

was an incumbent who sold to all consumers. We identify the equilibrium both with Stackelberg and Bertrand competition and …

Persistent link: https://www.econbiz.de/10013059468

Competition in the Presence of Individual Demand Uncertainty

Möller, Marc; Watanabe, Makoto - 2021

This paper sheds light on an empirical controversy about the effect of competition on price discrimination. We … shows that whether competition has a positive or negative effect on price dispersion depends on the level of demand …

Persistent link: https://www.econbiz.de/10013315680

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