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We examine the equilibrium interaction between a market for price information (controlled by a gatekeeper) and the homogenous product market it serves. The gatekeeper charges fees to firms that advertise prices on its Internet site and to consumers who access the list of advertised prices....
Persistent link: https://www.econbiz.de/10012708305
We examine the equilibrium interaction between a market for price information (controlled by a gatekeeper) and the homogenous product market it serves. The gatekeeper charges fees to firms that advertise prices on its Internet site and to consumers who access the list of advertised prices....
Persistent link: https://www.econbiz.de/10014040086
consumer and social welfare, two-part pricing without unit-price commitment is dominated by the other pricing policies. With … consumer and social welfare, but the lowest firm profits, of the three pricing policies …
Persistent link: https://www.econbiz.de/10014026651
of structural state-dependence in consumer demand. Auxiliary instruments and economically-motivated restrictions can … of several large consumer goods categories show that brand loyalty accounts for at least 10.8% but no more than 72.2% of …
Persistent link: https://www.econbiz.de/10015072935
process of durable goods and implicitly of retailer – consumer relationships. This paper covers the last aspect, being used a … – consumer relationships for the durable goods market in Romania, that confirm or infirm the foreign research results. …
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