Showing 51 - 60 of 606
Persistent link: https://www.econbiz.de/10009763540
This paper introduces dynamics in the R&D to innovation and innovation to productivity relationships, which have mostly … conditional mean of labor productivity: through an observed binary indicator, an observed intensity variable or through the … Community Innovation Survey. The results provide evidence of robust unidirectional causality from innovation to productivity and …
Persistent link: https://www.econbiz.de/10009764446
In a two-country international trade model with oligopolistic competition, we study the conditions on market structure …
Persistent link: https://www.econbiz.de/10011481156
In a market in which sellers compete for heterogeneous buyers by posting mechanisms, we analyze how the properties of the meeting technology affect the allocation of buyers to sellers. We show that a separate submarket for each type of buyer is the efficient outcome if and only if meetings are...
Persistent link: https://www.econbiz.de/10011481312
This article studies the design of optimal mechanisms to regulate entry in natural oligopoly markets, assuming the regulator is unable to control the behavior of firms once they are in the market. We adapt the Clark-Groves mechanism, characterize the optimal mechanism that maximizes the weighted...
Persistent link: https://www.econbiz.de/10009781544
mediating the interactions between consumers and firms. When platform competition is intense, more consumers subscribe to the …
Persistent link: https://www.econbiz.de/10011982399
I introduce a reduced form two-sided market model to study prediction and identification in two-sided markets. The model generates the hallmark features of two-sided markets: potentially below cost or even negative prices to one side of the market, and the "see-saw" or "waterbed" effect of a...
Persistent link: https://www.econbiz.de/10011789113
This paper develops a model in which market structure is determined endogenously by the choice of intermediation mode. We consider two representative business modes of intermediation that are widely used in real-life markets: one is a middleman mode by which an intermediary holds inventories...
Persistent link: https://www.econbiz.de/10011517977
effects. Using a model where fan demand depends on average player quality and locality-specific factors, I find that under …
Persistent link: https://www.econbiz.de/10011404322
standard markup pricing model, reductions in market competition, along with increased nominal exchange rate volatility, are …
Persistent link: https://www.econbiz.de/10002756347