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Oligopolistic competition in price and quality
Dubovik, Andrei; Janssen, Maarten C. W. - 2008
We consider an oligopolistic market where firms compete in price and quality and where consumers are heterogeneous in knowledge: some consumers know both the prices and quality of the products offered, some know only the prices and some know neither. We show that two types of signalling...
Persistent link: https://www.econbiz.de/10011376636
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State-aided price coordination in the dutch mortgage market
Dijkstra, Mark A.; Schinkel, Maarten-Pieter - 2019 - Revision: July 2019
This paper shows how price leadership bans imposed, as part of the European Commission's State aid control, on all main mortgage providers but the largest bank shifted the Dutch mortgage market from a competitive to a collusive price leadership equilibrium. In May 2009, mortgage rates in The...
Persistent link: https://www.econbiz.de/10011979609
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Substitution and complementary in aviation : airports vs. airlines
Pels, Eric; Nijkamp, Peter; Rietveld, Piet - 1997
Persistent link: https://www.econbiz.de/10000970305
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On the benefits of being alone : scheduling changes, intensity of competition and dynamic airline pricing
Kerkemezos, Yannis; Karreman, Bas - 2020
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
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Electronic commerce and retail channel substitution
Janssen, Maarten C. W.; Noll, Rob van der - 2002
We analyze a market where firms compete in a conventional and an electronicretail channel. Consumers easily compare prices online, but some incur purchaseuncertainties on the online channel. We investigate the market shares of the two retailchannels and the prices that are charged. We find that...
Persistent link: https://www.econbiz.de/10011326968
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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
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Profitability and number of firms : their dynamic interaction in Dutch retailing
Carree, Martin Anthony; Thurik, Adriaan R. - 1992
Persistent link: https://www.econbiz.de/10000122479
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Panel data estimates of the production function and product and labor market imperfections
Dobbelaere, Sabien; Mairesse, Jacques - 2010
Embedding the efficient bargaining model into the R. Hall (1988) approach for estimating price-cost margins shows that both imperfections in the product and labor markets generate a wedge between factor elasticities in the production function and their corresponding shares in revenue. This...
Persistent link: https://www.econbiz.de/10011377461
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Non-compete agreements, tacit knowledge and market imperfections
Bartelsman, Eric J.; Dobbelaere, Sabien; Zona Mattioli, … - 2024
firms' intangible assets for competition in product and labor markets. First, evidence is presented on product and labor …
Persistent link: https://www.econbiz.de/10015062978
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Competition modulates buyers' reaction to sellers' cheap talk
Onderstal, Sander; Shalvi, Shaul; Soraperra, Ivan - 2023
-binding price requests. Using a laboratory experiment, we examine how competition moderates the way such cheap-talk communication … competition, although some of them become weaker. Our main findings are the following: (i) The ability of sellers to make non … bargaining and in competition; (ii) Competition reduces the informativeness of the price requests and weakens the anchoring …
Persistent link: https://www.econbiz.de/10014299618