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Recent IT research has analyzed how the performance of IT-enabled markets may differ from conventional markets. This literature has made two unexpected empirical findings. First, ITenabled markets for commodity goods exhibit significant price dispersion. Second, well-known retailers in these...
Persistent link: https://www.econbiz.de/10009441013
structure that allows trade of quota. This collusion is welfare-improving since the safeguard induces more inefficiencies …
Persistent link: https://www.econbiz.de/10009443079
We present a methodology allowing to introduce manufacturers and retailers vertical contracting in their pricing strategies on a differentiated product market. We consider in particular two types of non linear pricing relationships, one where resale price maintenance is used with two part...
Persistent link: https://www.econbiz.de/10009446207
We estimate the impact of cartel organizational features, as well as macroeconomic fluctuations and industry structure, on cartel duration using a dataset of contemporary international cartels. We estimate a proportional hazards model with competing risks, distinguishing factors which increase...
Persistent link: https://www.econbiz.de/10009476912
This dissertation contains three chapters. It analyzes a market where firms can choose whether or not to publicly post their prices. Price posting rewards a firm by reducing search costs for customers and thus attracting more demand, at the risk of triggering more direct price competition.In the...
Persistent link: https://www.econbiz.de/10009450619
Many studies have shown a relationship between antidumping duty and collusion. These studies, however, only focus on … collusion in output (downstream) market, i.e. collusion between import competing firms and exporters, or among import competing … collusion among the exporters in Thai shrimp market at 1 % significant level. …
Persistent link: https://www.econbiz.de/10009450801
is dismissed. However, such behavior is not impossible. This paper investigates the possibility of tacit collusion by low … non-binding minimum wage may serve as a focal point for tacit collusion, proposing a symmetric solution to an infinitely … collusion. CPS monthly data is used for the years 1990-2005, covering the last four federal minimum wage increases. The …
Persistent link: https://www.econbiz.de/10009430180
In verteilten Rechensystemen (bspw. im Cluster und Grid Computing) kann eine Knappheit der zur Verfügung stehenden Ressourcen auftreten. Hier haben Marktmechanismen das Potenzial, Ressourcenbedarf und -angebot durch geeignete Anreizmechanismen zu koordinieren und somit die ökonomische...
Persistent link: https://www.econbiz.de/10009434657
Several major websites offer hybrid auctions that allow advertisers tobid on a per-impression or a per-click basis. We … auctions, and (c) should consider advertisers'strategic incentives when forming click-through rate expectations inhybrid …
Persistent link: https://www.econbiz.de/10009435135
auctions. In this paper we examine this tradeoff between the auctioneers’ desire to expand their customer base and the bidders …
Persistent link: https://www.econbiz.de/10009441154