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The Anticompetitiveness of Sharing Prices

Harrington Jr, Joseph E. - 2020

prices leads to higher prices. Based on this theory of harm, it is argued that there should be a per se prohibition on …

Persistent link: https://www.econbiz.de/10012831930

Strategic Pricing in Volatile Markets

Gryglewicz, Sebastian - 2019

We study dynamic signaling in a game of stochastically evolving stakes. Our motivating example is dynamic limit pricing in markets with persistent demand shocks. An incumbent is privately informed about its costs, high or low, and can deter a potential entrant by setting prices strategically....

Persistent link: https://www.econbiz.de/10012899655

Price Setting and Price Discovery Strategies with a Mix of Frequent and Infrequent Internet Users

Banerjee, Suman; Chakravarty, Amiya - 2018

In this paper we develop an analytical model that characterizes the structure of price dispersion observed in electronic markets. Findings of our model are consistent with empirical evidence in these e-markets. We show that when different types of buyers' have different search costs, firms...

Persistent link: https://www.econbiz.de/10014028461

Trend inflation meets macro-finance: the puzzling behavior of price dispersion

Marsal, Ales; Rabitsch, Katrin; Kaszab, Lorant - 2019

Persistent link: https://www.econbiz.de/10012134706

High-Frequency Price Fluctuations in Brick-and-Mortar Retailing

Eibelshäuser, Steffen - 2018

The digital revolution of pricing enables retailers to change their prices more frequently than ever before. While the industry endorses this development, critics fear it could foster excessive price fluctuations. This paper studies price fluctuations in the context of brick-and-mortar retailing...

Persistent link: https://www.econbiz.de/10012935140

The competitive stock market as cartel maker : some examples

Rubinstein, Ariel; Yaari, Menahem E. - 1983

Persistent link: https://www.econbiz.de/10002720167

Equity Prices and Cartel Activity

Richards, Dan - 2017

We use a new data set to examine the equity price impact of announced cartel investigations. Unlike prior research, we … estimate normal returns using the Fama-French (1993) three-factor model. We find that cartel investigation announcements have a … loss is notably less than the estimated present value of profits lost due to cartel termination, implying that cartel …

Persistent link: https://www.econbiz.de/10012970852

To Share or Not to Share : Adjustment Dynamics in Sharing Markets

Razeghian, Maryam - 2016

To aid in the description and estimation of the tremendous recent growth in the collaborative economy, we provide a model for the dynamics of sharing, subject to fixed costs and imperfect price formation. The sharing economy comprises a set of infinitely lived, heterogeneous suppliers, who take...

Persistent link: https://www.econbiz.de/10013004240

Duopoly Dynamics With a Barrier to Entry

Abbring, Jaap H.; Campbell, Jeffrey R. - 2007

This paper considers the effects of raising the cost of entry for a potential competitor on infinite-horizon Markov-perfect duopoly dynamics with ongoing demand uncertainty. All entrants serving the model industry incur sunk costs, and exit avoids future fixed costs. We focus on the unique...

Persistent link: https://www.econbiz.de/10014050823

Spagnolo, Giancarlo - 1999

Persistent link: https://www.econbiz.de/10001397501

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