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Competitive imperfect price discrimination and market power
Belleflamme, Paul; Lam, Wing Man Wynne; Vergote, Wouter - 2019 - This version: November 2019
Two duopolists compete in price on the market for a homogeneous product. They can ‘profile’ consumers, i.e., identify their valuations with some probability. If both firms can profile consumers but with different abilities, then they achieve positive expected profits at equilibrium. This...
Persistent link: https://www.econbiz.de/10012129753
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Inequality and market concentration : new evidence from Australia
Hotchin, Lachlan; Leigh, Andrew - 2024
Are excessively concentrated markets inequitable as well as inefficient? We explore this issue by analyzing the degree of market concentration in the industries where Australia's wealthiest made their fortunes. Compared with the economy at large, we find that top wealth holders have tended to...
Persistent link: https://www.econbiz.de/10014470410
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Advertising competition in the free-to-air TV broadcasting industry
Ivaldi, Marc; Zhang, Jiekai - 2017
This paper empirically investigates the advertising competition in the French broadcast television industry within a … oligopoly competition and identify the shape and magnitude of the feedback loop between TV viewers and advertisers. We also … implement a simple procedure to identify the conduct of firms on the market. We find that the nature of competition in the …
Persistent link: https://www.econbiz.de/10011646956
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The effect of mergers on variety in grocery retailing
Argentesi, Elena; Buccirossi, Paolo; Cervone, Roberto; … - 2021
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
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Platform competition and information sharing
Petropoulos, Georgios; Martens, Bertin; Parker, Geoffrey; … - 2023
competition between two platforms to study private and social incentives to share information. Sharing information can be welfare …
Persistent link: https://www.econbiz.de/10014365917
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Big data analytics : a new perspective
Chudik, Alexander; Kapetanios, George; Pesaran, M. Hashem - 2016
Model specification and selection are recurring themes in econometric analysis. Both topics become considerably more complicated in the case of large-dimensional data sets where the set of specification possibilities can become quite large. In the context of linear regression models, penalised...
Persistent link: https://www.econbiz.de/10011444508
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Merger policy in digital markets : an ex-post assessment
Argentesi, Elena; Buccirossi, Paolo; Calvano, Emilio; … - 2019
that create important challenges for competition policy. We show that these features have been key determinants of the … by the UK competition authorities as well as evidence on the evolution of the market after the transactions were approved …
Persistent link: https://www.econbiz.de/10012138666
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Common ownership of competing firms : evidence from Australia
Leigh, Andrew; Triggs, Adam - 2021
limitations of the available data, and the potential implications of common ownership for competition in Australia. …
Persistent link: https://www.econbiz.de/10012507267
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Multimarket linkages, cartel discipline and trade costs
Agnosteva, Delina; Syropoulos, Constantinos; Yotov, Yoto V. - 2017
We build a model of tacit collusion between firms that operate in multiple markets to study the effects of trade costs. A key feature of the model is that cartel discipline is endogenous. Thus, markets that appear segmented are strategically linked via the incentive compatibility constraint....
Persistent link: https://www.econbiz.de/10011781965
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Induced price leadership and (counter-)spying rivals' play under incomplete information
Fan, Cuihong; Chŏn, Pyŏng-hŏn; Wolfstetter, Elmar - 2019
We analyze spying out a rival's price in a Bertrand market game with incomplete information. Spying transforms a simultaneous into a robust sequential moves game. We provide conditions for profitable espionage. The spied at firm may attempt to immunize against spying by delaying its pricing...
Persistent link: https://www.econbiz.de/10011962353