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In this paper, I empirically examine the consumer behavior change in the case that the current vertically integrated Japanese mobile phone market was separated by employing the stated preference survey. As a hypothetical vertically separated situation, I assumed the introduction of contents...
Persistent link: https://www.econbiz.de/10008621704
In this paper, I empirically examine the consumer behavior change in the case that the current vertically integrated Japanese mobile phone market was separated by employing the stated preference survey. As a hypothetical vertically separated situation, I assumed the introduction of contents...
Persistent link: https://www.econbiz.de/10008563124
The present paper studied third-degree price discrimination in wholesale markets and its welfare property when a monopolistic manufacturer sells his/her products to two retailers who have different qualities and costs of sales. Our results revealed that price discrimination within a certain...
Persistent link: https://www.econbiz.de/10008511650
competitive condition in the credit rating industry after the 1997 financial crisis. We find that the degree of market competition … industry became an oligopoly in a contestable market, which is economically equivalent to the structure of perfect competition. …
Persistent link: https://www.econbiz.de/10010836110
-reducing innovations and how this incentive is affected by the level of competition in the product market. It is found that a firm …'s innovation effort has a U-shaped relationship with the level of competition. This result generally holds true for both the …
Persistent link: https://www.econbiz.de/10010836168
A retailer has different opportunities to advertise in the media: emphasizing the store image or promoting specifically its private label (PL). In the first option, advertising benefits all products sold, whereas in the alternative, only store brands are concerned by image improvement. We...
Persistent link: https://www.econbiz.de/10010726677
We examine firms' preferences for product differentiation when a firm has a demand-side and/or a cost-side advantage over its competitor. We show that if the magnitude of these advantages is small, then both firms prefer more differentiated products. However, if the magnitude of demand-side...
Persistent link: https://www.econbiz.de/10005416991
We examine firms' preferences for product differentiation when a firm has a demand-side and/or a cost-side advantage over its competitor. We show that if the magnitude of these advantages is small, then both firms prefer more differentiated products. However, if the magnitude of demand-side...
Persistent link: https://www.econbiz.de/10010630372
The labor market is introduced into the standard vertical differentiation model, linking increasingly the quality of the product and the effort necessary for workers to produce it. Surprisingly, when two firms compete on the product market but are monopolies on the labor market, at equilibrium...
Persistent link: https://www.econbiz.de/10011207122
competition in the deregulated airline network markets. …
Persistent link: https://www.econbiz.de/10010836108