Showing 1 - 10 of 73
This paper examines the publication of quality indicators in service markets with public finance systems, such as … indicators increases consumers' decision weight on quality relative to other attributes (such as prices and horizontal match) and … that the publication of quality indicators increases quality investments by service providers, but also leads to higher …
Persistent link: https://www.econbiz.de/10012405657
This paper examines the publication of quality indicators in service markets with public finance systems, such as … indicators increases consumers’ decision weight on quality relative to other attributes (such as prices and horizontal match) and … that the publication of quality indicators increases quality investments by service providers, but also leads to higher …
Persistent link: https://www.econbiz.de/10013250511
This paper examines the publication of quality indicators in service markets with public finance systems, such as … indicators increases consumers’ decision weight on quality relative to other attributes (such as prices and horizontal match) and … that the publication of quality indicators increases quality investments by service providers, but also leads to higher …
Persistent link: https://www.econbiz.de/10012390724
This paper analyses the interdependency between the market for music recordings and concert tickets, assuming that there are positive indirect network effects both from the record market to ticket sales for live performances and vice versa. Using a model with two interrelated Salop circles we...
Persistent link: https://www.econbiz.de/10010299060
This paper analyses the interdependency between the market for music recordings and concert tickets, assuming that there are positive indirect network effects both from the record market to ticket sales for live performances and vice versa. Using a model with two interrelated Salop circles we...
Persistent link: https://www.econbiz.de/10010299756
advertising messages affects welfare ambiguously. …
Persistent link: https://www.econbiz.de/10010299758
This paper explores the implications of price-dependent demand in spatial models of product differentiation. We introduce consumers with a quasi-linear utility function in the framework of the Salop (1979) model. We show that the so-called excess entry theorem relies critically on the assumption...
Persistent link: https://www.econbiz.de/10010299762
This paper studies the impact of ad-avoidance behavior in media markets. We consider a situation where viewers can avoid advertisement messages. As the media market is a two-sided market, increased ad-avoidance reduces advertisers' value of placing an ad. We contrast two financing regimes,...
Persistent link: https://www.econbiz.de/10010302572
This paper studies shopping hour decisions by retail chains and independent competitors. We use a Salop-type model where retailers compete in prices and shopping hours. Our results depend significantly on efficiency differences between retail chain and independent retailer. If the efficiency...
Persistent link: https://www.econbiz.de/10010302574
Schultz (2009). We identify two welfare effects of transparency. More transparency decreases price-cost margins which is … beneficial forwelfare. On the other hand, more transparency reduces variety which can be positive or negative for welfare …
Persistent link: https://www.econbiz.de/10010302578