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Market liberalization: Price dispersion, price discrimination and consumer search in the German electricity markets
Gugler, Klaus; Heim, Sven; Janssen, Maarten C. W.; … - 2018
We study how consumer search affects pricing in markets with incumbents and entrants using panel data on German … electricity retail markets. Consumers observe the baseline price of the incumbent and decide whether or not to search. Incumbent … baseline rate while entrants decrease their tariffs if consumer search increases. Moreover, the incumbent price discriminates …
Persistent link: https://www.econbiz.de/10011917544
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Non-sequential search, competition and price dispersion in retail electricity
Gugler, Klaus; Heim, Sven; Liebensteiner, Mario - 2016
We investigate the impact of consumer search and competition on pricing strategies in Germany's electricity retail. We … utilize a unique panel dataset on spatially varying search requests at major online price comparison websites to construct a … direct measure of search intensity and combine this information with zip code level data on electricity tariffs between 2011 …
Persistent link: https://www.econbiz.de/10011447766
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The construction of a low cost airline network
Hüschelrath, Kai; Müller, Kathrin; Bilotkach, Volodymyr - 2011
The paper investigates the construction of a low cost airline network by analyzing JetBlue Airways' entry decisions into nonstop domestic U.S. airport-pair markets between 2000 and 2009. Adopting duration models with time-varying covariates, we find that JetBlue consistently avoided concentrated...
Persistent link: https://www.econbiz.de/10010306005
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The construction of a low cost airline network
Hüschelrath, Kai; Müller, Kathrin; Bilotkach, Volodymyr - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2011
The paper investigates the construction of a low cost airline network by analyzing JetBlue Airways' entry decisions into nonstop domestic U.S. airport-pair markets between 2000 and 2009. Adopting duration models with time-varying covariates, we find that JetBlue consistently avoided concentrated...
Persistent link: https://www.econbiz.de/10009283662
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Market structure and market performance in e-commerce
Hackl, Franz; Kummer, Michael E.; Winter-Ebmer, Rudolf; … - 2011
We investigate the effect of market structure on market performance in the market for consumer electronics. This research is novel, because we exploit product life cycle information to build an instrumental variable for the number of firms in a market, a variable which hitherto had to be treated...
Persistent link: https://www.econbiz.de/10010307832
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Strategic pricing, market entry and competition: Evidence from German electricity submarkets
Nikogosian, Vigen; Veith, Tobias - 2011
In German electricity submarkets for residential customers standard contracts offered by former monopolists are the more costly option for customers who have not switched to an alternative contract yet. As most German households are served with this contract type we follow the Limit Pricing...
Persistent link: https://www.econbiz.de/10010307842
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The effects of personal information on competition: Consumer privacy and partial price discrimination
Clavorà Braulin, Francesco - 2021
This article studies the effects of consumer information on the intensity of competition. In a two dimensional duopoly model of horizontal product differentiation, firms use consumer information to price discriminate. I contrast a full privacy and a no privacy benchmark with intermediate regimes...
Persistent link: https://www.econbiz.de/10012425533
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Market structure and market performance in e-commerce
Hackl, Franz; Kummer, Michael E.; Winter-Ebmer, Rudolf; … - 2012
We investigate the effect of market structure on market performance in the market for consumer electronics. This research is novel, because we exploit product life cycle information to build an instrumental variable for the number of firms in a market, a variable which hitherto had to be treated...
Persistent link: https://www.econbiz.de/10010310987
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Do pay-as-bid auctions favor collusion? Evidence from Germany's market for reserve power
Heim, Sven; Götz, Georg - 2013
We analyze a drastic price increase in the German auction market for reserve power, which did not appear to be driven by increased costs. Studying the market structure and individual bidding strategies, we find evidence for collusive behavior in an environment with repeated auctions, pivotal...
Persistent link: https://www.econbiz.de/10010313122
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Market structure and market performance in e-commerce
Hackl, Franz; Kummer, Michael E.; Winter-Ebmer, Rudolf; … - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2012
We investigate the effect of market structure on market performance in the market for consumer electronics. This research is novel, because we exploit product life cycle information to build an instrumental variable for the number of firms in a market, a variable which hitherto had to be treated...
Persistent link: https://www.econbiz.de/10010957693