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This paper presents results from a calibrated welfare model of the UK mobile telephony market which includes many mobile networks; calls to and from the fixed network; networkbased price discrimination; and call externalities. The analysis focuses on the short-run effects of adopting lower...
Persistent link: https://www.econbiz.de/10008529327
Is the United States in full retreat from internationally recognized regulatory best practice? Or is it instead headed toward some different destination – "dancing to the beat of a different drummer"? Where is this likely to lead?
Persistent link: https://www.econbiz.de/10005616666
national regulatory authorities (NRAs) was whether to foster service-based competition in the first phase of liberalisation or … to focus on infrastructurebased competition. The different NRAs chose to head down different roads. This paper analyses … indicates that infrastructure-based competition has a positive effect on innovation. Moreover, infrastructure-based competition …
Persistent link: https://www.econbiz.de/10005786938
This paper proposes a model in which identical sellers of a homogenous product compete in both prices and price frames (i.e., ways to present price information). We model price framing by assuming that firms’ frame choices affect the comparability of their price offers: consumers may fail to...
Persistent link: https://www.econbiz.de/10005089340
a Bertrand competition experiment as reported in Abbink & Brandts [Games and Economic Behavior, 63, 2008] …
Persistent link: https://www.econbiz.de/10005619772
We revisit the study of the dynamics of a duopoly game à la Bertrand with horizontal product differentiation and bounded rational firms analysed by Zhang et al. (2009), (Zhang, J., Da, Q., Wang, Y., 2009. The dynamics of Bertrand model with bounded rationality. Chaos, Solitons and Fractals 39,...
Persistent link: https://www.econbiz.de/10009294609
We study the local stability properties of a duopoly game with price competition, different product quality and … equilibrium in a duopoly market with price competition becomes under increasing strain. …
Persistent link: https://www.econbiz.de/10009294915
This paper studies market competition when firms can influence consumers' ability to compare market alternatives …
Persistent link: https://www.econbiz.de/10008562608
This paper studies banks' competitive behavior on the deposit side of the Italian retail banking industry. We use a structural model to estimate demand for deposit services and test several supply models. We find that both the competitive, differentiated product Bertrand and the perfectly...
Persistent link: https://www.econbiz.de/10011109470
approach ignores both the competition between oil companies, and the large geographical differences. The paper concludes by …
Persistent link: https://www.econbiz.de/10011259029