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Vertical differentiation and collusion : cannibalization or proliferation?

Gabszewicz, Jean Jaskold; Marini, Marco A.; Tarola, Ornella - 2016

In this paper, we tackle the dilemma of pruning versus proliferation in a vertically differentiated oligopoly under the assumption that some firms collude and control both the range of variants for sale and their corresponding prices, likewise a multiproduct firm. We analyse whether pruning...

Persistent link: https://www.econbiz.de/10011451580

Sports business and the theory of multisided markets

Budzinski, Oliver; Satzer, Janina - 2009

Despite still being younger than a decade, the theory of multisided market has offered numerous valuable insights for the analysis of industries in which a supplier serves two distinct customer groups that are indirectly interrelated by externalities. Examples include payment systems, matching...

Persistent link: https://www.econbiz.de/10003821599

Collusion in quality-segmented markets

Bos, Iwan; Marini, Marco - 2020

. Within this setting, we study four types of price-fixing agreement: (i) a segment-wide cartel in the premium submarket only …, (ii) a segment-wide cartel in the standard submarket only, (iii) two segment-wide cartels, and (iv) an industrywide cartel …-wide cartel prefers to maintain market shares at pre-collusive levels. The impact on consumer and social welfare critically …

Persistent link: https://www.econbiz.de/10012306748

Eyes on the price : which power generation technologies set the market price? : price setting in European electricity markets : an application to the proposed Dutch carbon price fl...

Blume-Werry, Eike; Faber, Thomas; Hirth, Lion; Huber, Claus - 2018

Upon discussion of price setting on electricity wholesale markets, many refer to the so-called merit order model. Conventional wisdom holds that during most hours of the year, coal- or natural gas-fired power plants set the price on European markets. In this context, this paper analyses price...

Persistent link: https://www.econbiz.de/10011948155

Protecting sticky consumers in essential markets

Beckert, Walter; Siciliani, Paolo - 2021

This paper studies regulatory policy interventions aimed at protecting sticky consumers who are exposed to exploitation. We model heterogeneous consumer switching costs alongside asymmetric market shares. This setting encompasses many markets in which established ﬁrms are challenged by new...

Persistent link: https://www.econbiz.de/10012583369

Myopic oligopoly pricing

Bos, Iwan; Marini, Marco; Saulle, Riccardo D. - 2021

This paper examines capacity-constrained oligopoly pricing with sellers who seek myopic improvements. We employ the Myopic Stable Set solution concept and establish the existence of a unique pure-strategy price solution for any given level of capacity. This solution is shown to coincide with the...

Persistent link: https://www.econbiz.de/10012814516

Sports business and multisided markets : towards a new analytical framework?

Budzinski, Oliver; Satzer, Janina - 2011 - Long version

Despite still being younger than a decade, the theory of multisided markets has offered numerous valuable insights for the analysis of industries in which a supplier serves two distinct customer groups that are indirectly interrelated through externalities. Examples include payment systems,...

Persistent link: https://www.econbiz.de/10009231620