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This paper experimentally studies the role of search cost in duopoly markets where sellers may be able to coordinate pricing decisions. We vary the level of search cost and whether sellers can communicate. While we find that consumers are more likely to invest in search when cost is reduced, we...
Persistent link: https://www.econbiz.de/10011555355
This paper experimentally studies the role of search cost in duopoly markets where sellers may be able to coordinate pricing decisions. We vary the level of search cost and whether sellers can communicate. While we find that consumers are more likely to invest in search when cost is reduced, we...
Persistent link: https://www.econbiz.de/10011555151
opportunities to shroud facilitate tacit collusion on the base good price for the duopolies: the unshrouding equilibrium serves as a …
Persistent link: https://www.econbiz.de/10011301745
This paper explores the effects that collusion can have in newspaper markets where firms compete for advertising as …) semi-collusion over advertising (with competition in the reader market), and iii) (full) collusion in both the advertising … and the reader market. We find that semi-collusion leads to less advertising (but higher advertising prices) and lower …
Persistent link: https://www.econbiz.de/10008784593
This paper studies ATM coalitions in retail banking. We ask when it is profitable for banks to make agreements which ban direct ATM transaction fees. In the case of a coalition banks loose income from ATM transactions but relax competition in the banking market. We find that such agreements are...
Persistent link: https://www.econbiz.de/10010299761
This paper explores the effects that collusion can have in newspaper markets where firms compete for advertising as …) semi-collusion over advertising (with competition in the reader market), and iii) (full) collusion in both the advertising … and the reader market. We find that semi-collusion leads to less advertising (but higher advertising prices) and lower …
Persistent link: https://www.econbiz.de/10010303798
This paper studies ATM coalitions in retail banking. We ask when it is profitable for banks to make agreements which ban direct ATM transaction fees. In the case of a coalition banks loose income from ATM transactions but relax competition in the banking market. We find that such agreements are...
Persistent link: https://www.econbiz.de/10008493568
typically higher with a coalition. -- Banking competition, ATM networks, collusion …
Persistent link: https://www.econbiz.de/10003894694
This paper explores the effects that collusion can have in newspaper markets where firms compete for advertising as …) semi-collusion over advertising (with competition in the reader market), and iii) (full) collusion in both the advertising … and the reader market. We find that semi-collusion leads to less advertising (but higher advertising prices) and lower …
Persistent link: https://www.econbiz.de/10008736212
Persistent link: https://www.econbiz.de/10009261173