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The comprehensive theoretical literature on mobile termination rates (MTRs) is inconclusive on how the level of MTRs affects overall consumer charges and firms' profit. In a theoretical model, well suited for econometric implementation, we show that where consumers buy a bundle with included...
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First, we analyze how regular days off from competition and a time-dependent price pattern affect firm performance …. Second, we examine the effects on firms' profitability from consumers' changing search- and timing behavior. We use microdata … from gasoline retailing in Norway. Since 2004, firms have practiced an industry-wide day off from competition, starting on …
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First, we analyze how regular days off from competition and a time-dependent price pattern affect firm performance …. Second, we examine the effects on firms' profitability from consumers' changing search- and timing behavior. We use microdata … from gasoline retailing in Norway. Since 2004, firms have practiced an industry-wide day off from competition, starting on …
Persistent link: https://www.econbiz.de/10012929146
In this paper we compare the profitability of a merger to the profitability of a partial ownership arrangement and find … greater dampening of competition. We also derive comparative statics on the prices of the acquiring firm, the acquired firm …
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