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and objective measures related to the level of consumer awareness and action in a fast -growing competition, potentiated … is indirectly influenced by the high competition in the digital economy, by means of consumer protection awareness and … consumer protection behavior. At this level, the analyzed factors, namely the competition in the digital economy, the consumer …
Persistent link: https://www.econbiz.de/10011796908
This paper investigates the competition between payment card issuers in an artificial payment card market. In the … market leads to the result that more competitors do actually reduce competition for customers …
Persistent link: https://www.econbiz.de/10013148494
Europe has gone through a wave of liberalisation in the last two decades. Measures were first adopted to that effect in the telecommunications sector, which has since then become the sector of electronic communications. They were extended, afterwards, in their substance, to other economic...
Persistent link: https://www.econbiz.de/10014181267
competition and the group effect support the profits of firms with a high ethical code. Paradoxically, a strong group identity …
Persistent link: https://www.econbiz.de/10011447563
offers especially when many consumers prefer comparable offers. This occurs after initial periods with strong competition and … leads to lower welfare for all consumers. In treatments where firms cannot monitor the competition, firms end up having to …
Persistent link: https://www.econbiz.de/10010433911
in April 2014 will harm competition, innovation, and consumers if broadly endorsed by the European Council in the coming … months. The interchange fee price caps will soften competition between MasterCard and Visa, the global four-party bankcard … an important source of competition. The proposed legislation impairs the ability of these smaller three-party systems to …
Persistent link: https://www.econbiz.de/10013046467
opening up markets to more competition has not yet resulted in either expected levels of competitiveness or in envisaged … context of market failures related to incoherent regulation and ineffective competition law enforcement and shows how poor … to the intersection between consumer protection and competition law. The discussion incorporates theoretical insights …
Persistent link: https://www.econbiz.de/10014214386
competition and the group effect support the profits of firms with a high ethical code. Paradoxically, a strong group identity …
Persistent link: https://www.econbiz.de/10012993694
We study the interplay between quality provision and consumer search in a search market where firms may design products of inferior quality to promote them to naive consumers who fail to fully understand product characteristics. We derive an equilibrium in which both superior and inferior...
Persistent link: https://www.econbiz.de/10014476771
firms cannot monitor the competition, having more savvy consumers leads firms to present comparable offers. This results in …
Persistent link: https://www.econbiz.de/10013044590