Showing 1 - 10 of 163
their investments. Competition is, however, not localized within a market segment and the class of new or old models, i …
Persistent link: https://www.econbiz.de/10010298702
We investigate the impact of consumer search and competition on pricing strategies in Germany's electricity retail. We … inverted U-shape effect of competition on price dispersion, consistent with theoretical findings by Janssen and Moraga …
Persistent link: https://www.econbiz.de/10011447766
comparison with the United States. It has been argued that lack of product market competition and poor corporate governance are … product market competition experience higher rates of productivity growth. We also find weak evidence for the notion that in …
Persistent link: https://www.econbiz.de/10010297660
for firms in financial distress. Regarding market discipline, productivity grows faster when competition on product …
Persistent link: https://www.econbiz.de/10010297792
We analyze the expected effects of building a rail tunnel between Lyon and Turin on i) the market shares of the established and the new suppliers, and ii) consumer surplus. The prospective project consists of a 53km rail tunnel providing freight shippers with a new alpine path. We calibrate an...
Persistent link: https://www.econbiz.de/10010299961
The economic effects of environmental taxes depend on the market structure. Under imperfect competition with free entry … unilaterally introduced carbon tax under both perfect and imperfect competition. Our key finding is that induced structural change … in favor of the less energy intensive, more labor intensive industries is more pronounced under imperfect competition …
Persistent link: https://www.econbiz.de/10010297742
' entry decisions in the past. We find that instrumenting is particularly important for estimating the effect of competition …
Persistent link: https://www.econbiz.de/10010307832
competition within the game's product niche. We identify game niches by genre, age-appropriateness, a four week window cohort … during periods of fierce intra-niche competition. We show that games are more likely to be released so as to avoid weeks when …
Persistent link: https://www.econbiz.de/10010328042
This paper studies the effect of forward contracts on the stability of collusion among firms, competing in supply functions on the spot market. A forward market can increase the range of discount factors which allow to sustain collusion. On the contrary, collusion is destabilised when a...
Persistent link: https://www.econbiz.de/10011969225
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 providers can price discriminate between searching and...
Persistent link: https://www.econbiz.de/10011917544