Showing 1 - 10 of 15,155
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 response to a price change by a single seller, it is common for the density of sellers in the market to influence both the quantity response of consumers and the price response of other sellers. Using field experiment data collected around a series of exogenously imposed price changes we find...
Persistent link: https://www.econbiz.de/10014068625
competition. We find that leverage has strategic effects, but those effects are much weaker than predicted by theory. Specifically … effects on product market competition. We test their model in a duopoly experiment under both, Bertrand and Cournot …, we find for price competition a general tendency towards collusion, which has the same overall consequences - but …
Persistent link: https://www.econbiz.de/10011539878
We conducted a laboratory experiment to study the price setting behavior in two-sided markets. We seek to answer two specific research questions: Do participants charge the equilibrium prices that can be derived from a theoretical model? How is the price setting affected by the characteristics...
Persistent link: https://www.econbiz.de/10011825236
die Teilnehmer über das Qualitätsniveau als eines von drei im Wettbewerb stehenden Krankenhäusern entscheiden. Wir …
Persistent link: https://www.econbiz.de/10012160455
Persistent link: https://www.econbiz.de/10001645854
Brokesova, Deck and Peliova [Int. J. Ind. Organ. 37 (2014) 229-237] have shown that comparative static results from two-period behavior-based pricing models hold in laboratory experiments, but they observed significant differences from point predictions. We report findings in conformity with...
Persistent link: https://www.econbiz.de/10013191564
This paper analyzes consumers' privacy choice concerning their private data and firms' ensuing pricing strategy. The General Data Protection Regulation passed by the European Union in May 2018 allows consumers to decide whether to reveal private information in the form of cookies to an online...
Persistent link: https://www.econbiz.de/10012150165
In the context of supply function competition with private information, we test in the laboratory whether - as …
Persistent link: https://www.econbiz.de/10011509449
In the context of supply function competition with private information, we test in the laboratory whether — as …
Persistent link: https://www.econbiz.de/10012854395