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The last couple of decades have seen an increased retail concentration around the world, particularly in Europe. Views on the welfare implications of this severe change are controversial. Consumers might benefit because larger stores (owned by larger retailer chains) offer more product choices....
Persistent link: https://www.econbiz.de/10010297135
This paper aims to provide understanding of the relative trade performances and technological competitiveness, with particular emphasis on product quality, innovation and skills. The firm-level case studies support the conclusions arising from the aggregate analysis. Germany spends more on...
Persistent link: https://www.econbiz.de/10010260708
We consider an oligopolistic market where firms compete in price and quality and where consumers are heterogeneous in …-inefficiency of the price/quality offers. But, better price/quality combinations are signalled with lower prices in one type and with …
Persistent link: https://www.econbiz.de/10010325731
and trade in which duopolistic firms face quality-dependent costs and compete in quality and price in two segmented …
Persistent link: https://www.econbiz.de/10010297292
and price in two segmented markets. Minimum quality standards, set according to the principle of Mutual Recognition, can …
Persistent link: https://www.econbiz.de/10010298134
price discriminate while the low-quality entrant sets a uniform price. The incumbent may act as a predator, that is, it may … price below its marginal costs on a subset of consumers to induce the rival's exit. We show that the entrant may adopt an … show that when the incumbent may choose whether to price discriminate or not before the game starts, if the quality cost …
Persistent link: https://www.econbiz.de/10010298606
price discriminate while the low-quality entrant sets a uniform price. The incumbent may act as a predator, that is, it may … price below its marginal costs on a subset of consumers to induce the rival's exit. We show that the entrant may adopt an … show that when the incumbent may choose whether to price discriminate or not before the game starts, if the quality cost …
Persistent link: https://www.econbiz.de/10010298817
The authors examine the timing and quality of product introduction in an R&D stopping game, where they allow for horizontal and vertical differentiation in the product market. They observe that discontinuous changes in introduction dates can occur as firms' abilities as researchers change....
Persistent link: https://www.econbiz.de/10010298821
We examine the timing and quality of product introduction in an R&D stopping game, where we allow for horizontal and vertical differentiation in the product market. We observe that discontinuous changes in introduction dates can occur as firms' abilities as researchers change. Further, when the...
Persistent link: https://www.econbiz.de/10010300296
costs and quality-dependent costs of production and compete in quality and price in the domestic market. Quality …
Persistent link: https://www.econbiz.de/10010301198