Showing 1 - 10 of 1,053
I present a game-theoretic model where economic competition and attention competition are interdependent. On the one … price competition among all perceived firms. On the other hand attracting attention involves costs which must be covered by … the earnings from competition. It is the task of this paper to clarify the consequences of such an interdependence between …
Persistent link: https://www.econbiz.de/10010316856
ignorance if telephone numbers no longer identify networks. As a result, while fostering competition for mobile customers, MNP …
Persistent link: https://www.econbiz.de/10010315528
dominates the moderating effect of pricing so that post-competition market shares are more asymmetric than pre-competition …
Persistent link: https://www.econbiz.de/10014198480
This paper provides a simple unified discrete-choice framework for analyzing differentiated duopolies. This framework nests models of horizontal and vertical differentiation, including standard textbook models (Hotelling and Shaked-Sutton). Contrary to these models, it also applies to economic...
Persistent link: https://www.econbiz.de/10015327132
pricing structures and consumers' decision-making process affect the intensity of price competition. The two pricing …
Persistent link: https://www.econbiz.de/10014581749
This paper provides a simple unified discrete-choice framework for analyzing differentiated duopolies. This framework nests models of horizontal and vertical differentiation, including standard textbook models (Hotelling and Shaked-Sutton). Contrary to these models, it also applies to economic...
Persistent link: https://www.econbiz.de/10015166180
surplus-sharing and product differentiation, it is chosen by the second mover to avoid Bertrand competition. The equilibrium …
Persistent link: https://www.econbiz.de/10013208736
We provide a framework for analyzing bilateral mergers when there is two-sided asymmetric information about firms' types. We show that there is always a no-merger equilibrium where firms do not consent to a merger, irrespective of their type. There may also be a cut-off equilibrium if the...
Persistent link: https://www.econbiz.de/10010315502
Are initial competitive advantages self-reinforcing, so that markets exhibit an endogenous tendency to be dominated by only a few firms? Although this question is of great economic importance, no systematic empirical study has yet addressed it. Therefore, we examine experimentally whether firms...
Persistent link: https://www.econbiz.de/10010315589
In this paper we analyze R&D collaboration networks in industries where firms are competitors in the product market. Firms' benefits from collaborations arise by sharing knowledge about a cost-reducing technology. By forming collaborations, however, firms also change their own competitive...
Persistent link: https://www.econbiz.de/10010316820