Showing 1 - 10 of 366
We compare the advertising intensity and content of programming in a market withcompeting media platforms. With pay …-tv, media platforms have two sources of revenues,advertising revenues and revenues from viewers. With free-to-air, media … platformsreceive all revenues from advertising. We show that if viewers strongly dislikeadvertising, the advertising intensity is …
Persistent link: https://www.econbiz.de/10005861251
This paper faces two questions concerning Joint Ventures (JV) agreements. First, we studyhow the partners contribution affect the creation and the profit sharing of a JV when partners'effort is not observable. Then, we see whether such agreements are easier to enforce when thedecision on JV...
Persistent link: https://www.econbiz.de/10005868730
Commitment is a necessary prerequisite for gaining sustainable competitive advantage. By the way of commitment a firm is able to establish mobility barriers for capital bound in specific assets and to protect thereby supernormal profits against competition by entry barriers.(...)
Persistent link: https://www.econbiz.de/10005840305
Despite the empirical relevance of advertising strategies in concentrated markets,the economics literature is largely …) dominance.In a simple model of persuasive advertising and pricing with differentiated goods,we analyze the interdependencies … between ex-ante asymmetries in consumer appeal,advertising and prices. Products with larger initial appeal to consumers willbe …
Persistent link: https://www.econbiz.de/10009418801
Recent research has led to the empirical regularity that rm growth rate distributionsare heavy tailed. This nding implies that a few rms experience spectaculargrowth rates and decline, but that most rms have marginal growth rates. The literatureon high growth rms shows that high growth rms are...
Persistent link: https://www.econbiz.de/10009022146
This article tests the modell of Brander and lewis under ertrand and Cournot competition.
Persistent link: https://www.econbiz.de/10005840866
This paper reviews the Hotelling literature of product differentiation. The purpose of this work is to examine the impact of the market structure on price competitionand equilibrium differentiation. The existence of a general ’principle of differentiation’ is rejected. In contrast,...
Persistent link: https://www.econbiz.de/10005840975
This paper extends the standard Hotelling model with quadratic transport costs to the multi-firm case. Considering locational equilibria we show that neither holds the Principle of Maximum Differentiation - as in the duopoly model - nor does the Principle of Minimum Differentiation - as in the...
Persistent link: https://www.econbiz.de/10005841039
Dieser Beitrag erweitert die Standardmodellierung der Literatur über Informationsaustausch zwischen Unternehmen bei Nachfrageunsicherheit und läßt sich vor allem auf Unternehmen in neuen Branchen oder in unsicheren Märkten anwenden ...
Persistent link: https://www.econbiz.de/10005849209
We consider the plant location decision of a multinational, which has the option to invest in a more or aless technologically advanced country. We find that in the absence of exporting by the local firms, themultinational will invest in the country lagging behind, unless the firms in that...
Persistent link: https://www.econbiz.de/10005862613