Showing 1 - 10 of 389
Summary Based on an extended game-theoretic innovation-race model, we derive some Schumpeterian hypotheses of the impact of technological rivalry, market power, technological opportunities and demand expectations on the timing of product and process innovations. Using innovation data at the firm...
Persistent link: https://www.econbiz.de/10014609056
store paradox illustrate the roles of threats and reputation, cooperation, and retaliation. Dovetailing the theory of … theoretischen Bezugsrahmen bietet die Theorie wiederholter Spiele, mit denen sich soziale Phänomene wie Drohung und Kooperation … wichtige Herausforderung besteht für die Entrepreneurship-Forschung darin, Theorie und empirische Evidenz zu wiederholten …
Persistent link: https://www.econbiz.de/10014630806
Abstract Smartphone-Apps and web-based tools improve the transparency of taxi rides with regard to prices and routing. These technical innovations reduce asymmetric information. Hence, obligatory knowledge tests of streets and important places are no longer necessary. However, the provision of...
Persistent link: https://www.econbiz.de/10014630839
This study examines the dispersion in prices for homogeneous grocery products, and studies the effect of product characteristics, demographic characteristics of consumers, and market structure on search costs and price dispersion. The findings show that price dispersion is affected by search...
Persistent link: https://www.econbiz.de/10014601237
Summary The contribution of this paper is twofold. First, it presents the results of a “history-friendly” simulation model of evolution of the pharmaceutical industry. Second, it aims at contributing to a more general methodological discussion about agent-based models by proposing an...
Persistent link: https://www.econbiz.de/10014609509
This paper investigates the evolution of market structure in the Turkish insurance industry over the period 1996-2004, using the Panzar and Rosse (1987) methodology. The sample period has been divided into three sub-periods (1996-1998, 1999-2001, and 2002-2004). The results suggest that in the...
Persistent link: https://www.econbiz.de/10014618763
Abstract We use data from the two leading US platforms, Prosper and Lending Club, to explore the drivers of the growing consumer demand for peer-to-peer (P2P) credit. Despite the online nature of new entrants, we rely on the spatial autoregressive model because spatial effects play an important...
Persistent link: https://www.econbiz.de/10014618942
This paper explores the link between quality, cost and concentration. Using concentration and cost data and product quality indicators for 2,244 products in over eighty industries in 1997 and 2002 in the US, a two-stage, ordered probit, random effects estimation explores the impact of...
Persistent link: https://www.econbiz.de/10014619502
Purpose – The purpose of the present study is to investigate the effect of consolidation on Malaysian banking sector's market structure and competition. Design/methodology/approach – The paper employs the Panzar‐Rosse (P‐R) method to compute the H‐statistics of the Malaysian banking...
Persistent link: https://www.econbiz.de/10014863370
Purpose Under the traditional franchise value paradigm, competition in banking markets is considered to be risk enhancing because of its tendency to raise interest rates on deposits. Taking a contrarian view, Boyd and De Nicolo (2005) have argued that competition in the loan market can lead to...
Persistent link: https://www.econbiz.de/10014867022