Showing 1 - 10 of 79
Abstract: Pricing pressure indices have recently been proposed as alternative screening devices for horizontal mergers involving differentiated products. We extend the concept of Upward Pricing Pressure (UPP) proposed by Farrell and Shapiro (2010) to two-sided markets. Examples of such markets...
Persistent link: https://www.econbiz.de/10011090717
We compare different methods to assess unilateral merger effects in a two-sided market by applying them to a hypothetical merger in the Dutch newspaper industry. For this, we first specify and estimate a structural model of demand for differentiated products on both the readership and the...
Persistent link: https://www.econbiz.de/10011092515
Producers of software viewers commonly other basic versions of their products for free while more sophisticated versions are highly priced, thereby providing less attractive or lower valuations consumers with larger utility levels.We give some foundations to this outcome called versioning.We...
Persistent link: https://www.econbiz.de/10011092100
In the paper the impact of R&D cooperation on prices in experimental duopoly markets is examined.As a theoretical …, in general, prices are between the subgame perfect Nash and the cooperative level.Further, for both spillover levels … prices are higher in periods where R&D contracts are committed to, than in other periods, and to a lesser extent compared to …
Persistent link: https://www.econbiz.de/10011092740
Pianists who achieve high scores in the Queen Elizabeth musical competition are rewarded by subsequent success.It is not clear whether this is caused by the score itself or because those who have high scores are better pianists anyway. Since the timing and the order of appearance are good...
Persistent link: https://www.econbiz.de/10011090955
This paper investigates the reading of fiction books by 15-year-olds in 18 OECD countries.It appears that girls fiction books more often than boys, whereas boys read comic books more often than girls.The intensity by which children read fiction books is influenced by parental education, family...
Persistent link: https://www.econbiz.de/10011091054
Abstract: We build a framework linking competition in the media market to political participation, media slant, and selection of politicians. Media outlets report on the ability of candidates running for office and compete for audience through their choice of slant. Citizens derive utility from...
Persistent link: https://www.econbiz.de/10011091722
set cover prices and advertising tariffs. We build on the work of Gabszewicz, Laussel and Sonnac (2001, 2002), whose model … two forms of collusion: in the first, publishers cooperatively select both prices and political position; in the second …, publishers cooperatively select prices only. We show that collusion on prices reinforces the tendency towards a Pensée Unique …
Persistent link: https://www.econbiz.de/10011091765
Areeda and Turner (1975) were the first to argue that a price below marginal costs should be considered a sign of predation. Recognizing that marginal cost data were typically unavailable, the authors concluded that a price below average variable cost should be presumed unlawful. This socalled...
Persistent link: https://www.econbiz.de/10011144441
Persistent link: https://www.econbiz.de/10011090303