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Imitation : theory and experimental evidence

Apesteguia, Jose; Huck, Steffen; Oechssler, Joerg - 2003

We introduce a generalized theoretical approach to study imitation models and subject themodels to rigorous … experimental testing. In our theoretical analysis we find that the differentpredictions of previous imitation models are due to … the generalized imitation model predicts the differences betweentreatments well. The data also provide support for …

Persistent link: https://www.econbiz.de/10011509505

Price vs. quantity competition in a vertically related market revisited

Basak, Debasmita; Mukherjee, Arijit - 2016

Letters, 124: 122-126) show that in a vertically related market Cournot competition yields higher social welfare compared to …

Persistent link: https://www.econbiz.de/10011569602

Self-allocation in contests

Bernergård, Axel; Wärneryd, Karl Erik - 2017

We consider contestants who must choose exactly one contest, out of several, to participate in. We show that when the contest technology is of a certain type, or when the number of contestants is large, a self-allocation equilibrium, i.e., one where no contestant would wish to change his choice...

Persistent link: https://www.econbiz.de/10011718621

When backward integration by a dominant firm improves welfare

Linnemer, Laurent - 2002

is à la Cournot between firms with constant asymmetric marginal costs. The main result is that such a vertical merger can …

Persistent link: https://www.econbiz.de/10011410253

Doubling back on double marginalization

Linnemer, Laurent - 2022

literature. In this note, I trace back the origin of the idea to Chapter IX, on complementary goods monopolies, of Cournot (1838 …). Through the years Cournot's contribution remained a reference but ended being viewed as a special case of the bilateral … of Cournot for the simultaneous game and extend it to the sequential game. I also show that prices are usually higher in …

Persistent link: https://www.econbiz.de/10012801572

Market size and number of firms with new technology

Marjit, Sugata; Dastidar, Krishnendu Ghosh; Das, … - 2022

In this paper, unlike the conventional wisdom, we demonstrate that the relationship between the size of the market and number of firms would be non-monotonic. While moderate rise in the size would force the local firms to exit and only the foreign firm rules, substantial rise in the size would...

Persistent link: https://www.econbiz.de/10013365373

Consumer search : what can we learn from pre-purchase data?

Honka, Elisabeth; Seiler, Stephan; Ursu, Raluca - 2023

Researchers are increasingly able to observe consumers’ behavior prior to a purchase, such as their navigation through a store or website and the products they consider. Such pre-purchase (or search) data can be valuable to researchers in a variety of ways: as an additional source of...

Persistent link: https://www.econbiz.de/10014434021

Transboundary pollution control with both production and consumption emissions

Haruna, Shoji; Goel, Rajeev K. - 2023

This paper adds to the literature on transboundary pollution by considering pollution related to both production and consumption activities. In particular, we consider a symmetric strategic two firm-two country game model with bilateral trade and transboundary pollution to analyze the effects of...

Persistent link: https://www.econbiz.de/10014366060

Global cartels, leniency programs and international antitrust cooperation

Choi, Jay Pil; Gerlach, Heiko A. - 2010

In this paper we analyze cartel formation and self-reporting incentives when firms operate in several geographical markets and face antitrust enforcement in different jurisdictions. We are concerned with the effectiveness of leniency programs and the benefits of international antitrust...

Persistent link: https://www.econbiz.de/10003955227

Media market concentration, advertising levels, and ad prices

Anderson, Simon P.; Foros, Øystein; Kind, Hans Jarle; … - 2011

Standard media economics models imply that increased platform competition decreases ad levels and that mergers reduce per-viewer ad prices. The empirical evidence, however, is mixed. We attribute the theoretical predictions to the combined assumptions that there is no advertising congestion and...

Persistent link: https://www.econbiz.de/10009388315