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Buyer Strategizing in Continuously Recreated Markets : Loyalty, Deviance and Defection
Curchod, Corentin - 2011
This article examines the daily strategizing of buyers, taking the dyad to be the elementary unit of analysis in market dynamics. The ideas are revisited that dyadic market relationships converge towards loyalty (Kirman and Vriend), and that markets tend towards social or institutional...
Persistent link: https://www.econbiz.de/10013131255
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Decision Costs, Defaults and Market Structure
Chesterley, Nicholas - 2015
This study examines firm behaviour when consumers can costlessly select a default product, or incur a decision cost to find their personal optimum. Monopolists can be efficient in some contexts, because they have an incentive to reduce decision costs in order to increase available surplus. They...
Persistent link: https://www.econbiz.de/10013017678
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Looking Beyond the Boundaries - A Strategy to Gain Competitive Advantage for the Coles Group of Australia
Kulatunga, Aruna - 2008
The Coles Group of Australia has allowed its competitive advantage to slip away to rival Woolworth by failing to differentiate its core strategies and by failing to articulate well the strategies that could have been differentiated. In a bid to gain competitive advantage, this report suggests...
Persistent link: https://www.econbiz.de/10014223205
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Price Dispersion in Dynamic Competition
R. Guthmann, Rafael - 2020
In product markets, there exists substantial dispersion in prices for transactions of physically identical goods, and incumbent sellers sell at higher prices than entrants. This study develops a theory of dynamic pricing that explains these facts as results from the same fundamental friction:...
Persistent link: https://www.econbiz.de/10012850789
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Price dispersion in dynamic competition
Guthmann, Rafael R. - 2020
In product markets, there exists substantial dispersion in prices for transactions of physically identical goods, and incumbent sellers sell at higher prices than entrants. This study develops a theory of dynamic pricing that explains these facts as results from the same fundamental friction:...
Persistent link: https://www.econbiz.de/10012292094
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The new media economics of video-on-demand markets: lessons for competition policy
Budzinski, Oliver; Lindstädt-Dreusicke, Nadine - 2019 - Updated version
Prime and Netflix and Advertised-financed VoD like YouTube. Competition policy decisions in such dynamic markets are always … particularly challenging. The German competition authority was presented such a challenge when, at the beginning of the 2010s …
Persistent link: https://www.econbiz.de/10012005689
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Product differentiation and oligopoly : a network approach
Pellegrino, Bruno - 2023
extent of competition from substitute products. I estimate that, in 2019, public corporations produced consumer surplus in …
Persistent link: https://www.econbiz.de/10013503368
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Product pricing when demand follows a rule of thumb
Matzke, Christina; Wirth, Benedikt - 2009
as suggested in consumer research. On this basis, we investigate monopoly and competition between firms, described via an …. -- Bounded rationality ; social learning ; population game ; differential game ; product life cycle ; monopoly ; competition …
Persistent link: https://www.econbiz.de/10003850650
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Competition and Regulation of Crowdfunding Platforms : A Two-Sided Market Approach
Viotto da Cruz, Jordana - 2016
The present paper analyzes competition in the crowdfunding market in the light of the theory of two-sided markets, with …
Persistent link: https://www.econbiz.de/10012994769
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Kilpailun kehitys ja kannattavuuden mikrodynamiikka Suomen yrityssektorilla
Maliranta, Mika (contributor) - 2008
The use of traditional industry-level profitability indicators for assessing the state of competition is problematic … for two reasons. First, short-term variation reflects business cycles more than it does the impact of competition policy …. Second, rough industry-level indicators hide different mechanisms that are dependent on competition but may affect …
Persistent link: https://www.econbiz.de/10003763020