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induces a negative effect on the profits of both media outlets, and increases price competition. Furthermore, the newspaper …
Persistent link: https://www.econbiz.de/10010427580
shields the private commercial bank from aggressive competition by these banks. …
Persistent link: https://www.econbiz.de/10010294740
finding is that firms? idiosyncratic efforts and the tendency for competition to equalize profit rates are two sides of the …
Persistent link: https://www.econbiz.de/10010296303
shields the private commercial bank from aggressive competition by these banks. …
Persistent link: https://www.econbiz.de/10010271449
This paper investigates to which extent tough competition impacts on the macroeconomic performance of countries. The … relation between competition and innovation has been investigated intensely in industrial economics. It started with Schumpeter … highest for medium-range competition, but lower for very tough competition as well as for a very lax competitive regime …
Persistent link: https://www.econbiz.de/10011435235
Industrial organization is mainly concerned with the behavior of large firms. Experimental industrial organization therefore faces a problem: How can firms be brought into the laboratory? The main approach relies on framing: Call individuals firms! This experimental approach is not in line with...
Persistent link: https://www.econbiz.de/10010294406
Models of consumer behavior play a key role in modern empirical Industrial Organization. In this paper, I survey some of the models used in this literature. In particular, I discuss two commonly used demand systems: multi-stage budgeting approaches and discrete choice models. I motivate their...
Persistent link: https://www.econbiz.de/10010332107
This paper considers procurement auctions with costly bidding when the auctioneer is unable to commit himself to restrict the number of bidders. The auctioneer can, however, offer a financial reward to be paid to every short-listed bidders as an indirect commitment device. Rewards for...
Persistent link: https://www.econbiz.de/10010333722
We revisit the concept of Diversified Quality Production (DQP), which we introduced about thirty years ago. Our purpose is to examine the extent to which the concept can still be considered tenable for describing and explaining the development of the interaction between the political economy and...
Persistent link: https://www.econbiz.de/10011575712
increase product prices, lower competition, and reduce the availability of new products in small markets. The model?s test is …
Persistent link: https://www.econbiz.de/10010274360