Showing 1 - 10 of 28
We study the effect of entry on the price distribution in the German retail gasoline market. Exploiting more than 700 … entries over five years in an event study design, we find that entry causes a persistent first-order stochastic shift in the … to 12% of stations’ gross margins. Consumers with easy access to information on prices gain the most from entry. The …
Persistent link: https://www.econbiz.de/10014310490
Many countries with national health care providers and health insurances regulate the market for pharmaceuticals to steer drug demand and to control expenses. For example, they introduce reference pricing or tiered co-payments to enhance drug substitution and competition. Since 2006, Germany...
Persistent link: https://www.econbiz.de/10009522774
This paper investigates the effects of mergers, entry, and exit in retail markets when input prices are negotiated …
Persistent link: https://www.econbiz.de/10011334106
collateralizable housing wealth in a region delays chains' entry into franchising by 0.28 years on average, 9 percent of the average …
Persistent link: https://www.econbiz.de/10010202908
is associated with a delay in chains' entry into franchising by 0.33 years on average, or 10 percent of the average …
Persistent link: https://www.econbiz.de/10011491589
This paper investigates the effects of changes in retail market concentration when input prices are negotiated. Results are derived from a model of bilateral Nash-bargaining between upstream and downstream firms which allows for general forms of demand and retail competition. Whether...
Persistent link: https://www.econbiz.de/10011654786
to advertising decreases revenues and entry in the free-to-air regime. In contrast, in the pay-TV regime, lower income …
Persistent link: https://www.econbiz.de/10008666980
not "too" convex. As in the case of unit demand, the number of firms under free entry decreases in the fixed cost of entry … optimal level. Insufficient entry occurs when the fixed and transportation costs are high. -- Spatial Models ; Price …-Dependent Demand ; Horizontal Product Differentiation ; Demand Elasticity ; Excess Entry Theorem …
Persistent link: https://www.econbiz.de/10009485787
This paper studies the impact of software piracy in a two-sidedmarket setting. Software platforms attract developers and users to maximize their profits. The equilibrium price structure is affected by piracy: license fees to developers are higher with more software protection but the impact on...
Persistent link: https://www.econbiz.de/10009710033
We analyze the impact of product bundling in experimental markets. One firm has monopoly power in a first market but competes with another firm à la Cournot in a second market. We compare treatments where the multi-product firm (i) always bundles, (ii) never bundles, and (iii) chooses whether...
Persistent link: https://www.econbiz.de/10010204789