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countervailing power, via an increase in downstream concentration, depends on the competition regime between airlines and whether … airports can price discriminate: airline concentration reduces the landing fee when downstream competition is in quantities …, but if downstream competition is in prices only where airports cannot discriminate. Furthermore, only in a specific case …
Persistent link: https://www.econbiz.de/10013068916
We revisit the relationships between competition and market outcomes in a Stackelberg oligopoly. Consider a … TV industry, despite being faced with severe competition from foreign entrants. We also show that the effects of … competition on producer surplus, consumer surplus, and social welfare are ambiguous …
Persistent link: https://www.econbiz.de/10012980737
competition model for a homogeneous good. It is shown that firms can exploit this weakness and charge prices above the competitive …
Persistent link: https://www.econbiz.de/10013156472
This paper examines a homogeneous-good Bertrand-Edgeworth oligopoly model to explore the role of firm size and number in pricing. We consider the price impact of merger, break up, investment, divestment, entry and exit. A merger leads to higher prices only when it increases the size of the...
Persistent link: https://www.econbiz.de/10014420154
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Two duopolists compete in price on the market for a homogeneous product. They can ‘profile’ consumers, i.e., identify their valuations with some probability. If both firms can profile consumers but with different abilities, then they achieve positive expected profits at equilibrium. This...
Persistent link: https://www.econbiz.de/10012129753
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surplus compared to duopoly competition between platforms that charge positive fees on content providers. We also discuss the …
Persistent link: https://www.econbiz.de/10010320106