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Increasing Dominance - The Role of Advertising, Pricing and Product Design

Kretschmer, Tobias; Stamm, Mariana (Roesner) - 2010

Despite the empirical relevance of advertising strategies in concentrated markets, the economics literature is largely … silent on the effect of persuasive advertising strategies on pricing and market structure and increasing (or decreasing …) dominance. We propose a simple model of persuasive advertising and pricing with differentiated goods and analyze the …

Persistent link: https://www.econbiz.de/10014198480

Universal coverage, enhancing spacecom sector growth, and supporting democratic ethos: The role of satellite spectrum assignment

Jain, Rekha - 2023

Satellite communication is integral to Digital India, enabling ubiquitous broadband for the uncovered population and supporting satellite TV, the dominant source of infotainment. An enabling policy environment would help increase the market share of Indian satellite service providers from the...

Persistent link: https://www.econbiz.de/10014540967

Mobile number portability

Buehler, Stefan; Haucap, Justus - 2003

This paper examines the consequences of introducing mobile number portability (MNP). As MNP allows consumers to keep their telephone number when switching providers, it reduces consumers' switching costs. However, MNP may also cause consumer ignorance if telephone numbers no longer identify...

Persistent link: https://www.econbiz.de/10010315528

Market Structure and Market Performance in E-Commerce

Hackl, Franz; Kummer, Michael E.; Winter-Ebmer, Rudolf; … - 2012

We investigate the causal effect of market structure on market performance in the consumer electronics. We combine data from Austria's largest online site for price comparisons with retail data on wholesale prices provided by a major hardware producer for consumer electronics. We observe input...

Persistent link: https://www.econbiz.de/10010294886

Numerical Calculation of an Asymmetric Supply Function Equilibrium with Capacity Constraints

Holmberg, Pär - 2005

Producers submit committed supply functions to a procurement auction, e.g. an electricity auction, before the uncertain demand has been realized. In the Supply Function Equilibrium(SFE), every firm chooses the bid maximizing his expected profit given the bids of the competitors. In case of...

Persistent link: https://www.econbiz.de/10010321539

Some Inequalities related to the analysis of electricity auctions

Hästö, Peter; Holmberg, Pär - 2005

Most balaning markets of electric power are organized as uniform-price auctions. In 2001, the balancing market of England and Wales switched to a pay-as-bid auction with the intention of reducing wholesale electricity prices. Numerical simultations of an electricity auction model have indicated...

Persistent link: https://www.econbiz.de/10010321551

Asymmetric Supply Function Equilibrium with Constant Marginal Costs

Holmberg, Pär - 2005

In a real-time electric power auction, the bids of producers consist of committed supply as a function of price. The bids are submitted under uncertainty, before the demand by the Independent System Operator has been realized. In the Supply Function Equilibrium (SFE), every producer chooses the...

Persistent link: https://www.econbiz.de/10010321577

Comparing Supply Function Equilibria of Pay-as-Bid and Uniform-Price Auctions

Holmberg, Pär - 2005

This paper derives a Supply Function Equilibrium (SFE) of a pay-as-bid auction, also called discriminatory auction. Such an auction is used in the balancing market for electric power in Britain. For some probability distributions of demand a pure-strategy equilibrium does not exist. If demand...

Persistent link: https://www.econbiz.de/10010321609

Unique Supply Function Equilibrium with Capacity Constraints

Holmberg, Pär - 2004

Consider a market where producers submit supply functions to a procurement auction - e.g. an electric power auction - under uncertainty, before demand has been realized. In the Supply Function Equilibrium (SFE), every firm commits to the supply function maximizing his expected profit given the...

Persistent link: https://www.econbiz.de/10010321615

Price and investment dynamics: Theory and plant level data

Lundin, Magnus; Gottfries, Nils; Bucht, Charlotte; … - 2007

We construct a model of a firm competing for market share in a customer market and making investments in physical capital. The firm is financially constrained and there are implementation lags in investment. Our model predicts that product prices should depend on costs and competitors' prices,...

Persistent link: https://www.econbiz.de/10010321999

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