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We argue that, in a simple setting, the relation between the intensity of competition and cost-reducing investment is U … is minimal for intermediate levels of competition, which is inversely parameterized by the extent of product … ; intensity of competition ; experiment …
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competition online - an area that up to then seemed to have worked being left to the market. Though the extension of public …-media effects. -- media economics ; two-sided markets ; competition ; public service broadcasting ; public service media …
Persistent link: https://www.econbiz.de/10008697057
This paper analyses the relation between competition and concentration in the banking sector. The empirical answer is … given by testing a monopolistic competition model of bank branching behaviour on individual bank data at county level … among incumbent banks on competition and discuss when, depending on the pre-merger structure of the market and geographic …
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We develop a two-stage game in which competing airlines first choose the networks of markets to serve in the first stage before competing in price in the second stage. Spillovers in entry decisions across markets are allowed, which accrue on the demand, marginal cost, and fixed cost sides. We...
Persistent link: https://www.econbiz.de/10014313556
This paper develops a theory of strategic vertical DFI (direct foreign investment) to suggest an explanation for the empirical puzzle of the missing "pollution-haven" effect. It focuses on a firm's strategic incentive to create multi-market interdependence (in addition to other conventional...
Persistent link: https://www.econbiz.de/10011597047