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archetype ways in which MaaS could be operationalized: Integrator, Platform, and Intermediary. We find that these models differ …. Regulation of the price that the MaaS firm has to pay may further lower prices, but compared to the Integrator the difference is … or higher. The Platform tends to lead to an outcome that is relatively close to Free Competition without Maas: prices can …
Persistent link: https://www.econbiz.de/10012427151
This paper investigates the impact of technical progress on the relationship between competition an investment. Using a model of oligopoly competition with differentiated products where firms invest to reduce their marginal cost of production, I find that technical progress, which increases the...
Persistent link: https://www.econbiz.de/10011930693
This paper investigates the incentives to invest in improving the quality (as distinguished to investment in a new activity) in telecommunication industry using the empirical example of wireless markets. We highlight that investment incentives are positively related to the potential for...
Persistent link: https://www.econbiz.de/10010309706
Like other network industries, the European gas supply industry has been liberalised, along the lines of what has been done in the United Kingdom and the United States, by opening up to competition the upstream and downstream segments of essential transmission infrastructure. The aim of this...
Persistent link: https://www.econbiz.de/10011506643
intermediary to disclose consumer information to advertisers when auctioning ad impressions. We show that disclosing information … that enables advertisers to optimize the allocation of ads on multi-homing consumers is profitable to the intermediary only … outsource the sale of their ads to an intermediary, and relate these incentives to the extent of consumer multi-homing, the …
Persistent link: https://www.econbiz.de/10012657905
In e-commerce, where information collection is essentially costless and geographic location of traders matters very little, fierce competition between providers of similar services is expected. We consider a model where two e-commerce intermediaries (internet shops) compete for sellers. We show...
Persistent link: https://www.econbiz.de/10010280782
The inability of carriers to forecast 'demand for containerships' led them to order larger ships. Maritime economists were also unable to forecast it. The new-buildings cut cost per TEU, but 'estimated economies of scale' are exhausted with ships beyond 21,000 TEUs, higher than the present. As...
Persistent link: https://www.econbiz.de/10011996147
We study communication in a static Cournot duopoly model under the assumption that the firms have unverifiable private information about their costs. We show that cheap talk between the firms cannot transmit any information. However, if the firms can communicate through a third party,...
Persistent link: https://www.econbiz.de/10010292012
This paper analyzes the interaction between price and inventory decisions in an oligopoly industry and its implications for the dynamics of prices. The work extends existing literature and especially the work of Hall and Rust (2007) to endogenous prices and strategic oligopoly competition. We...
Persistent link: https://www.econbiz.de/10010294737
We report results from a Cournot triopoly experiment with different subject pools: German students, Malaysian students, and Malaysian managers. While German students play Nash, we reject the hypothesis that both Malaysian students and managers select the Nash quantity. Moreover, Malaysian...
Persistent link: https://www.econbiz.de/10010298767