Showing 1 - 10 of 157
This paper provides a novel rationale for the regulation of market size when heterogeneous firms compete. A regulator …
Persistent link: https://www.econbiz.de/10012108481
We present a laboratory experiment on the impact of price framing on consumer decision making. Consumer subjects face a search market where two sellers offer a homogenous good. We examine six different price frames with linear per-unit pricing (that is displayed as such) serving as a benchmark....
Persistent link: https://www.econbiz.de/10010230313
We study the interplay between quality provision and consumer search in a search market where firms may design products of inferior quality to promote them to naive consumers who fail to fully understand product characteristics. We derive an equilibrium in which both superior and inferior...
Persistent link: https://www.econbiz.de/10014476771
We study the implications of biased consumer beliefs for search market outcomes in the seminal framework due to Diamond (1971). Biased consumers base their search strategy on a belief function which specifies for any (true) distribution of utility offers in the market a possibly incorrect...
Persistent link: https://www.econbiz.de/10014476790
We build a model of the news market where advertisers allocate their ads between a social media platform and a news … media platform can credibly threaten to remove news content. We provide some guidance on how to design a policy that …
Persistent link: https://www.econbiz.de/10014577558
Persistent link: https://www.econbiz.de/10003731069
market failures or to remove inadequate regulation. In the first part, the structure, size and economic relevance of the … industry are presented. There is also a brief review of government regulation. The second part is dedicated to analyzing the … possibilities; cost structures and freight rates; the impact of government regulation; and factors concerning efficiency and growth …
Persistent link: https://www.econbiz.de/10011940784
The public policies on mass transit and other economic policies have been unable to avoid increasing mass transit costs and urban bus fares, which places a burden on a majority of the population depending on public transit. This study analyzes the variations in urban bus fares and households...
Persistent link: https://www.econbiz.de/10012055690
This paper explores the potentials of applying Space Syntax methodology to analyze the effects of urban configuration on cities' transport performance. The empirical analysis takes as a case study the Federal District (Brazil) and its 19 administrative regions considering its urban road system....
Persistent link: https://www.econbiz.de/10012055898
firms post wages. By using an intermediary agents avoid the coordination problem which prevails in the search market. We … study a monopolistic intermediary and perfect competition between intermediaries, and we consider the welfare properties of … an intermediary institution, compared to an economy with an uncoordinated search process only. …
Persistent link: https://www.econbiz.de/10012503018