Showing 1 - 10 of 2,414
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 middleman mode by which an intermediary holds inventories...
Persistent link: https://www.econbiz.de/10011520869
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
We extend the models in ("Competition in two-sided markets" of Armstrong (2006, Rand Journal of Economics) by adding …
Persistent link: https://www.econbiz.de/10011295713
The potential relationship between domestic environmental regulation and internationalcompetitiveness has evoked various speculations. The common neoclassical train of thought is thatstrict environmental regulation is detrimental to the competitiveness of industry, and that itinduces phenomena...
Persistent link: https://www.econbiz.de/10011316876
increase with the intensity of competition. We develop a new measure of competition for which we use the proximity (in … departure time) of a given flight to its competitors to infer the intensity of competition and estimate the impact of … competition on advance purchase discounts (APDs) and the dynamic pricing of airlines by exploiting plausibly exogenous changes in …
Persistent link: https://www.econbiz.de/10012251366
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
competition with differentiated products. Consumers have a willingness to pay for more responsibly manufactured products. Firms … agreements directly on the level of CSR reduce CSR efforts compared to competition. Such agreements throttle both for-profit and … requiring a higher CSR level by regulation while preserving competition always gives higher within-market welfare. …
Persistent link: https://www.econbiz.de/10012591411
a number of market organizations: private monopoly, perfect competition and public supply. Increasing the share of robot …
Persistent link: https://www.econbiz.de/10010532595
This article investigates competition in a market with an emerging technology using a discrete choice model to analyze …
Persistent link: https://www.econbiz.de/10010421763
Limited liability may result in inefficient accident prevention, because a relevant portion of the expected harm is externalized on victims. This paper shows that under some restrictive conditions further limiting liability by means of a liability cap can improve caretaking.
Persistent link: https://www.econbiz.de/10011349185