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Gautier, Pieter; Hu, Bo; Watanabe, Makoto - 2016

This paper develops a model in which market structure is determined endogenously by the choice of intermediation mode …. We consider two representative business modes of intermediation that are widely used in real-life markets: one is a … other. In our model, buyers and sellers can simultaneously search in an outside market and use the intermediation service …

Persistent link: https://www.econbiz.de/10011520869

Robot cars and dynamic bottleneck congestion : the effects on capacity, value of time and preference heterogeneity

Berg, Vincent A. C. van den; Verhoef, Erik T. - 2015 - This version: 9 June 2015

"Robot cars" are cars that allow for automated driving. They can drive closer together than human driven "normal cars" and thereby raise road capacity. Obtaining a robot car instead of a normal car can also be expected to lower the userś value of time losses (VOT), because travel time can be...

Persistent link: https://www.econbiz.de/10010532595

Market structure and the pricing of new products : a nested logit approach with asymmetric firms

Bleker, Sylvia; Behrens, Christiaan; Koster, Paul; … - 2014

This article investigates competition in a market with an emerging technology using a discrete choice model to analyze demand and welfare. We focus on industry structure and investigate the impact of different market structures on demand for the new technology and on welfare. The car market...

Persistent link: https://www.econbiz.de/10010421763

Platform intermediation in a market for differentiated products

Galeotti, Andrea; Moraga-González, José Luis - 2008 - Rev.: February 2008

We study a two-sided market where a platform attracts firms selling differentiated products and buyers interested in those products. In the unique subgame perfect equilibrium of the game, the platform fully internalizes the network externalities present in the market and firms and consumers all...

Persistent link: https://www.econbiz.de/10011374421

Trade in international transport services : the role of competition

Francois, Joseph F.; Wooton, Ian - 2000 - Rev., June 2000

We are concerned with trade in transport services (not cabotage butrather international shipping, transport,and related logistical services) and the importance of competitionand market structure in the sector. Weexamine implications of liberalization for profits, trade, andnational gains from...

Persistent link: https://www.econbiz.de/10011303874

Competition in multi-modal transport networks : a dynamic approach

Weijde, Adriaan Hendrik van der; Verhoef, Erik T.; … - 2012

Persistent link: https://www.econbiz.de/10009724348

Market structure and advance selling

Möller, Marc; Watanabe, Makoto - 2016

When products are sold in advance, i.e. prior to consumption, consumers trade off an early, uninformed purchase at a low price against a late, informed purchase at a high price. This paper considers the effect of market structure on the prevalence of advance selling. We show that in an...

Persistent link: https://www.econbiz.de/10011446893

Search frictions, competing mechanisms and optimal market segmentation

Cai, Xiaoming; Gautier, Pieter; Wolthoff, Ronald - 2016

In a market in which sellers compete for heterogeneous buyers by posting mechanisms, we analyze how the properties of the meeting technology affect the allocation of buyers to sellers. We show that a separate submarket for each type of buyer is the efficient outcome if and only if meetings are...

Persistent link: https://www.econbiz.de/10011479787

Note on ‘competition in two-sided markets’

Zeng, Yuyu; Houba, Harold; Laan, Gerard van der - 2015

We extend the models in ("Competition in two-sided markets" of Armstrong (2006, Rand Journal of Economics) by adding within-group externalities. In the monopoly and duopoly cases, positive within-group externalities reduce the price of the own group. Negative externalities have an opposite price...

Persistent link: https://www.econbiz.de/10011295713

Trade in international transport services : the role of competition

Francois, Joseph F.; Wooton, Ian - 2000

Persistent link: https://www.econbiz.de/10001502201

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