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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...
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Pricing strategies may include the advertising of meeting-the-competition clauses (MCCs). We show in a specific spatial model scenario with differently informed consumers that MCCs primarily serve as a device to facilitate collusion instead of allowing for price discrimination between these...
Persistent link: https://www.econbiz.de/10003957044
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...
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Using a laboratory experiment, we investigate whether a variety of behaviors in repeated games are related to an array …
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, leadership, and following. Using a laboratory experiment, we explore how aspects are correlated between each other in a given …
Persistent link: https://www.econbiz.de/10010472880
; Experiment ; Gale-Shapley ; Top Trading Cycles ; Boston Mechanism ; Efficiency ; Stability ; Truncation ; Truthtelling ; Safety …
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