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Injunctions against false advertising
Baumann, Florian; Rasch, Alexander - 2019
false advertising by a firm in duopolistic competition where consumers can be distinguished according to whether or not they … form rational beliefs about the trustworthiness of advertising claims. We compare private and public law enforcement in the … form of the demand for injunctions against false advertising. From a welfare perspective, we show that it can be optimal …
Persistent link: https://www.econbiz.de/10012012317
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Minimum quality standards and compulsory labeling : more than the sum of its parts
Birg, Laura; Vosswinkel, Jan S. - 2014
This paper studies the effect of a minimum quality standard, a compulsory labeling scheme, and the combination of both instruments in a vertical differentiation model when not all quality dimensions of products can be observed byconsumers. Both a minimum quality standard on the non-observable...
Persistent link: https://www.econbiz.de/10010459945
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The market for melons : Cournot competition with unobserval qualities
Argenton, Cédric (contributor) - 2006 - Rev. version December 2005
Two firms produce different qualities at possibly different, constant marginal costs. They compete in quantities on a market where buyers only observe the average quality supplied. The model is a generalization of the standard Cournot duopoly, which corresponds to the special case where the two...
Persistent link: https://www.econbiz.de/10003254850
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Producers bargaining over a quality standard
Argenton, Cédric (contributor) - 2006 - Rev. May 8, 2006
We study an asymmetric information model in which two firms are active on a market where buyers only observe the average quality supplied. Quantities and cost structures are exogenously given and firms compete in quality. Before choosing their qualities, they bargain over a perfectly enforcable...
Persistent link: https://www.econbiz.de/10003254854
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Voluntary Quality Disclosure Under Price-Signaling Competition
Caldieraro, Fabio - 2011
We analyze an oligopolistic competition with differentiated products and qualities. The quality of a product is not known to consumers. Each firm can make an imperfect disclosure of its product quality before engaging in price-signaling competition. There are two regimes for separating...
Persistent link: https://www.econbiz.de/10013121803
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One-Way Compatibility, Two-Way Compatibility and Entry in Network Industries
Manenti, Fabio M. - 2011
We study the strategic choice of compatibility between two initially incompatible network goods in a two-stage game played by an incumbent and an entrant firm. Compatibility may be achieved by means of a converter. We derive a number of results under different assumptions about the nature of the...
Persistent link: https://www.econbiz.de/10013124727
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Cournot Equilibrium in a Model of Hardware and Software Manufacturers' Interaction
Soloviev, Vladimir I. - 2014
A model of interaction between hardware vendors, Intel and AMD, and developers of Windows and Linux operating systems is suggested. Intel and AMD both maximize profits forming a traditional oligopoly, while Microsoft and the community of Linux developers form a mixed duopoly, in which only the...
Persistent link: https://www.econbiz.de/10013070246
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Market Transparency and Bertrand Competition
Knauff, Malgorzata - 2008
We investigate the effects of market transparency on prices in the Bertrand duopoly model for both the cases of strategic complementarities and strategic substitutes. For the former class of games conventional wisdom concerning prices is confirmed, since they decrease. The consumers are always...
Persistent link: https://www.econbiz.de/10012726966
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Competition between Vertically Differentiated Platforms
Zennyo, Yusuke - 2019
This paper investigates the competition between vertically differentiated platforms in two-sided markets. We assume the presence of two competing platforms producing either higher- or lower-quality devices for consumers. Each platform decides the price of its hardware device for consumers and...
Persistent link: https://www.econbiz.de/10012904109
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M-Payments, financial inclusion, and full market coverage
Karamychev, Vladimir A.; Viaene, Jean-Marie - 2021
Mobile payments (m-payments) increase the accessibility of large segments of society to financial services while before the traditional banking system excluded these for lack of proof of identity and because of unsafe environments. This constitutes a key driver of new growth strategies of the...
Persistent link: https://www.econbiz.de/10012499524