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two tax pass-through rates points towards the importance of imperfect competition in the European beer market. Excise tax …We study the pass-through of indirect taxes on beer prices in the European Union (EU). Exploiting the variation of … value added tax rates, beer excise tax rates, and beer prices in a panel of monthly data from 1996 to 2016 of all current 28 …
Persistent link: https://www.econbiz.de/10012002860
We consider a dynamic oligopoly on the beer market and study the differential effects of switching costs on product … costs across customer income segments and beer brands. Our supply estimation results show that the low-quality firm … the high-quality firm’s product than vice versa. The high-quality firm is better shielded from price competition, as its …
Persistent link: https://www.econbiz.de/10012510220
skeptical about undisclosed quality. We show that neither competition nor the presence of sophisticated consumers necessarily …
Persistent link: https://www.econbiz.de/10011847547
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/10011557863
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/10011447563
competition environments affect product prices. Using big data, we find that price variations are caused mainly by differential … competitive environments. More specifically, we find that Brand Competition Within Stores exerts the largest downward pressure on … prices. A 10 percent increase in the number of brands reduces prices by about 10 percent. Product Competition Within Stores …
Persistent link: https://www.econbiz.de/10015065342
before the merger. While the low-variety target's stores reduced the depth of their assortment when in direct competition … chains’ response to changes in local competition. …
Persistent link: https://www.econbiz.de/10012543525
We model competition on a credence market governed by an imperfect label, signaling high quality, as a rank …
Persistent link: https://www.econbiz.de/10014336462
This paper studies a model of search engine competition with endogenous obfuscation. Platforms may differ in the …
Persistent link: https://www.econbiz.de/10014444933
Mainstream logic supports the idea that platforms bring large benefits to firms, especially smaller ones, by opening up access to a broader set of consumers and making firms' products easier to find. However, this argument mostly applies to transaction platforms that match consumer preferences...
Persistent link: https://www.econbiz.de/10013285516