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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/10011444881
We show that competing firms relax overall competition by lowering future barriers to entry. We illustrate our findings …-period profits. This dampens competition for serving the first-period market. …
Persistent link: https://www.econbiz.de/10011541031
-dimensional spatial competition model. We develop a new methodology to analyze competition on a torus and show that there is a fundamental …, firms are likely to choose the minimal compatibility to maximize product differentiation and soften competition. This is in …
Persistent link: https://www.econbiz.de/10010424907
Envelopment is an effective form of market entry that facilitates competition among platforms. Nevertheless, many …
Persistent link: https://www.econbiz.de/10012485350
competition model with entry in which exchanges supply technological services, and have market power. We find that technological … services can be strategic substitutes or complements in platform competition. Free entry of platforms delivers a superior …
Persistent link: https://www.econbiz.de/10011954459
propose a unifying theory to analyze the symptoms and the potential causes of this decline. We first highlight 10 pronounced … explain them. We then describe a theoretical framework of endogenous markups, innovation, and competition that can potentially … potential of growth theory for the analysis of factors behind declining business dynamism and the need for further investigation …
Persistent link: https://www.econbiz.de/10012104042
We test for the distributional effects of regulation and entry in the mobile telecommunications sector in a highly unequal country, South Africa. Using six waves of a consumer survey of over 134,000 individuals between 2009-2014, we estimate a discrete-choice model allowing for...
Persistent link: https://www.econbiz.de/10012029118
We use panel data on 36,104 municipalities in metropolitan France over the period 2010-2014 to estimate two models of … of municipalities in France within the next years. …
Persistent link: https://www.econbiz.de/10011840765
Persistent link: https://www.econbiz.de/10003364732
The U.S. and EU Merger Guidelines strongly emphasize the relevance of the "ease of entry" argument in merger evaluations. Up to now, very little is known empirically about how mergers affect entry and exit, and the resulting number of firms in the markets. We empirically test this aspect of...
Persistent link: https://www.econbiz.de/10011481190