Showing 1 - 10 of 406
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
subsidies complied with EU state aid rules, both in terms of effectiveness and competition. …
Persistent link: https://www.econbiz.de/10012433753
We propose a model which uses the Bitcoin/US dollar exchange rate to predict the computing power of the Bitcoin network. We show that free entry places an upper-bound on mining revenues and we devise a structural framework to measure its value. Calibrating the model's parameters allows us to...
Persistent link: https://www.econbiz.de/10011789223
Using data from the US automobile market, we empirically examine the link between competition and innovation … interesting market to examine the link between competition and innovation. We use firm-level time-series data over a long horizon … relationship is reasonably non-linear; (2) higher market-wide competition results in an increase in patenting, and the relationship …
Persistent link: https://www.econbiz.de/10011342391
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
We show theoretically and empirically that executives are paid less for their own firm's performance and more for their rivals' performance if an industry's firms are more commonly owned by the same set of investors. Higher common ownership also leads to higher unconditional total pay. We...
Persistent link: https://www.econbiz.de/10011561142
multimarket contact generates mutual forbearance in frequency competition, finding no evidence for such an effect. -- airlines …
Persistent link: https://www.econbiz.de/10009690744
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
We consider dynamic competition among platforms in a market with network externalities. A platform that dominated the … the focal platform whenever such equilibrium exists. Yet when faced with higher-quality competition, can a low …
Persistent link: https://www.econbiz.de/10011451079
experience entry and other do not. In all pre-entry markets competition is more intense. Post-entry behavior in all markets is …
Persistent link: https://www.econbiz.de/10011451143