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Persistent link: https://www.econbiz.de/10004998649
By introducing n (1) firms with infinite cross-price elasticity (i.e. generic drugs), we explore the effects of competition on the optimal pricing strategies under a Reference Pricing Scheme (RPS). A two-stage model repeated infinite number of times is presented. When stage 1 is competitive, the...
Persistent link: https://www.econbiz.de/10010870801
structural approach is a framework to analyze auction data in which theory and econometrics are closely related. There are three …
Persistent link: https://www.econbiz.de/10011164214
The proliferation of new payment methods on the Internet rekindles the old and unsettled debate about merchants’ incentive and ability to differentiate price according to payment choice. This paper develops an imperfect-information framework for the analysis of platform and social regulation...
Persistent link: https://www.econbiz.de/10011084417
The paper offers an overview of the literature on bundling in the telecommunications sector and its application in the Spanish market. We argue that the use of bundling in the provision of services is associated to technological reasons. Therefore, there appears no need to regulate bundling...
Persistent link: https://www.econbiz.de/10010547193
show that in selection markets four principles of the United States Horizontal Merger Guidelines are often reversed. …
Persistent link: https://www.econbiz.de/10010890106
This paper is motivated by the US freight railroad industry, which is characterized by a major restructuring over the … last 30 years. In particular, the number of active firms decreased from 26 in 1978 to seven in 2006 due to several takeover … consumer surplus. The restructuring of this industry involves significant exit and takeovers. This implies that the data is …
Persistent link: https://www.econbiz.de/10010956737
Using monthly IRI scanner data for January 1993 to March 1998, cereal prices declined even after adjusting for trade promotions and reduced manufacturer coupons during the public campaign in 1995 and early 1996, as well as after the industry's announced shelf price reductions in Spring 1996. The...
Persistent link: https://www.econbiz.de/10010777201
: restructuring of regional energos and large generating companies; restructuring of transmission and system operation; the mechanism … for introducing paper is that the restructuring of energos should not create companies with market power. Ideally, local …
Persistent link: https://www.econbiz.de/10008595670
shows that any country can embark on radical power sector restructuring irrespective of reform progress in the wider economy. …
Persistent link: https://www.econbiz.de/10008595680