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In this paper, we analyze the equilibrium amount of entertainment in news coverage of newspapers and television stations. We find that a shift in the inclination to read, expressed by a shift in the (psychological) distance costs, induces both media outlets to incorporate more entertaining...
Persistent link: https://www.econbiz.de/10003981036
I model the strategic interaction between firms, that face decisions on investment, forward contracts and spot market quantities. For an investment decision that takes place after firms have contracted forward but before firms compete on the spot market (medium term investment), competition...
Persistent link: https://www.econbiz.de/10010426046
welfare in a price regulated duopoly with symmetric locations. In contrast to other studies on mixed oligopolies, this paper … shows that in a duopoly with regulated prices privatisation of the public hospital may increase overall welfare depending on …
Persistent link: https://www.econbiz.de/10003894806
, profits, and overall welfare in a price regulated duopoly with exogenous symmetric locations. In contrast to other studies on …, a mixed duopoly outperforms both a private and a public duopoly due to an equilibrium price below (above) the price of … the private (public) duopoly. This medium price discourages overprovision of quality of the less efficient hospital and …
Persistent link: https://www.econbiz.de/10008667618
Persistent link: https://www.econbiz.de/10009373036
welfare in a price regulated duopoly with symmetric locations. In contrast to other studies on mixed oligopolies, this paper … shows that in a duopoly with regulated prices privatisation of the public hospital may increase overall welfare depending on …
Persistent link: https://www.econbiz.de/10014196956
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