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Why do prices differ across stores? : differential competition environments and their price impacts

Klein, Gordon Jochem; Siebert, Ralph Bernd - 2024

Our study provides empirical insights into the extent to which differential market demographics and differential competition environments affect product prices. Using big data, we find that price variations are caused mainly by differential competitive environments. More specifically, we find...

Persistent link: https://www.econbiz.de/10015065342

Ten facts on declining business dynamism and lessons from endogenous growth theory

Akcigit, Ufuk; Ates, Sina T. - 2019

explain them. We then describe a theoretical framework of endogenous markups, innovation, and competition that can potentially …

Persistent link: https://www.econbiz.de/10012104042

The dynamics of automation adoption : firm-level heterogeneity and aggregate employment effects

Bisio, Laura; Cuzzola, Angelo; Grazzi, Marco; … - 2023

We investigate the impact of investment in automation-related goods on adopting and non-adopting firms in the Italian … of Italian importing firms and estimate the effects on adopters' outcomes within a difference-indifferences design … exploiting import lumpiness in product categories linked to automation and AI technologies. We find a positive average adoption …

Persistent link: https://www.econbiz.de/10014383690

Competition between content distributors in two-sided markets

Nygard Bergh, Harald; Kind, Hans Jarle; Reme, Bjørn-Atle; … - 2012

We analyze strategic interactions between two competing distributors of an independent TV channel. Consistent with most of the relevant markets, we assume that the distributors set end-user prices while the TV channel sets advertising prices. Within this framework we show that the distributors...

Persistent link: https://www.econbiz.de/10009571034

Dynamic entry and exit linkages in the Brazilian manufacturing industry : an econometric investigation

Resende, Marcelo; Ribeiro, Eduardo Pontual; Zeidan, … - 2013

The paper investigates dynamic linkages between entry and exit rates in Brazilian manufacturing in the context of 231 (4-digits) industries during the 1996-2005 period. The empirical analysis focuses on the estimation of a dynamic panel data for entry and exit rates and controls for the business...

Persistent link: https://www.econbiz.de/10009734846

Measuring strategic firm interaction in product-quality choices : the case of airline flight frequency

Brueckner, Jan K.; Luo, Dan - 2013

This paper investigates strategic interaction among airlines in product-quality choices. Using an instrumental variables approach, the paper estimates flight-frequency reaction functions, which relate an airline's frequency on a route to its own characteristics and to the frequencies of...

Persistent link: https://www.econbiz.de/10009690744

Do mergers among multimarket firms create value?

Linde, Sebastian; Siebert, Ralph - 2016

information on mergers and firm-level multimarket production and innovation within the semiconductor industry. Using the pairwise …

Persistent link: https://www.econbiz.de/10011549386

Attention economies

Falkinger, Josef - 2003

Attracting attention is a basic feature of economic life but no standard economic problem. A new theoretical model is developed which describes the general structure of competition for attention and characterizes equilibria. The exogenous fundamentals of an attention economy are the space of...

Persistent link: https://www.econbiz.de/10011511091

Dynamic competition with network externalities : why history matters

Hałaburda, Hanna; Jullien, Bruno; Yehezkel, Yaron - 2016 - September 2013, revised March 2016

We consider dynamic competition among platforms in a market with network externalities. A platform that dominated the market in the previous period becomes "focal" in the current period, in that agents play the equilibrium in which they adopt the focal platform whenever such equilibrium exists....

Persistent link: https://www.econbiz.de/10011451079

Imminent entry and the transition to multimarket rivalry in a laboratory setting

Mason, Charles F.; Phillips, Owen R. - 2016

In this paper we study the behavior of rivals when there is a known probability of imminent entry. Experimental markets are used to collect data on pre- and post-entry production when there is an announced time of possible entry; some markets experience entry and other do not. In all pre-entry...

Persistent link: https://www.econbiz.de/10011451143