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Buehler, Stefan; Schmutzler, Armin - 2003

We examine cost-reducing investment in vertically-related oligopolies, where firms may be vertically integrated or separated. Analyzing a standard linear Cournot model, we show that: (i) Integrated firms invest more than separated competitors. (ii) Vertical integration increases own investment...

Persistent link: https://www.econbiz.de/10010315492

Asymmetric vertical integration

Buehler, Stefan; Schmutzler, Armin - 2004

We examine vertical backward integration in a reducedform model of successive oligopolies. Our key findings are: (i) There may be asymmetric equilibria where some firms integrate and others remain separated, even if firms are symmetric initially; (ii) Efficient firms are more likely to integrate...

Persistent link: https://www.econbiz.de/10010315532

The welfare effects of endogenous quality choice in cable television markets

Crawford, Gregory S.; Shcherbakov, Oleksandr; Shum, Matthew - 2015

We measure the welfare consequences of endogenous quality choice in imperfectly competitive markets. We introduce the concept of a "quality markup" and measure the relative welfare consequences of market power over price and quality. For U.S. paid-television markets during 1997-2006, we find...

Persistent link: https://www.econbiz.de/10011420559

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

Entry, exit, and the determinants of market structure

Dunne, Timothy; Klimek, Shawn D.; Roberts, Mark J.; Xu, … - 2013

This paper estimates a dynamic, structural model of entry and exit in an oligopolistic industry and uses it to quantify the determinants of market structure and long-run firm values for two U.S. service industries, dentists and chiropractors. Entry costs faced by potential entrants, fixed costs...

Persistent link: https://www.econbiz.de/10010397677

The road not taken: Competition and the R&D portfolio

Letina, Igor - 2014

Contrary to most of the literature, which focuses only on the level of investment in innovation, this paper examines both the variety of research projects undertaken and the amount of duplication of research. A characterization of the equilibrium market portfolio of R&D projects and the socially...

Persistent link: https://www.econbiz.de/10011282467

The road not taken: Competition and the R&D portfolio

Letina, Igor - 2015

This article examines the effects of market structure on the variety of research projects undertaken and the amount of duplication of research. A characterization of the equilibrium market portfolio of R&D projects and the socially optimal portfolio is provided. It is shown that a merger...

Persistent link: https://www.econbiz.de/10011663162

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...

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

An analysis of revenues at the Comédie française, 1680-1793

Velde, François R. - 2017

I study the business practices of the Comédie française, the main theater in Paris, between 1680 and 1793. The theater was an actors' partnership and operated within a (contested) oligopoly. Newly available data provide revenues by price category for over 32,000 performances. Attendance varied...

Persistent link: https://www.econbiz.de/10012030331

Sports Retailinf in India: Opportunities, Constraints and Way Forward

Mukherjee, Arpita - 2010

Sports retail is a small but fast growing segment of modern retail in India. Recently, the country has been hosting … many international sports and this has given a boost to this sector. Many foreign and domestic corporate retailers have … entered sports retail. Sports goods manufacturing is a focus area in the Foreign Trade Policy (2009-2014) and the government …

Persistent link: https://www.econbiz.de/10011807656