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. In the experiment, the respondents are confronted with a range of location-sharing conditions set by a navigation … from using basic satellite navigation without location-based functionalities is estimated at 8.06 EUR per month. Adding …Digital maps and navigation applications are considered an essential tool by 70% of smartphone users. As these apps …
Persistent link: https://www.econbiz.de/10012424356
Merger control plays a central role in competition policy. When assessing proposed mergers, Competition Authorities should consider its impact on all relevant markets. Large mergers between manufacturers typically impact competition, thus requiring the approval of Competition Authorities....
Persistent link: https://www.econbiz.de/10014563099
The welfare implications of direct-to-consumer advertising (DTCA) have garnered considerable attention and are complicated since the consumer delegates some decision-making authority to the physician, who is exposed to advertising as well. In this paper, I develop and estimate a structural model...
Persistent link: https://www.econbiz.de/10013089806
Persistent link: https://www.econbiz.de/10013207633
We evaluate the welfare effects of the Roam-Like-At-Home regulation, which drastically re-duced the price of accessing the mobile internet for EU residents when traveling abroad in the European Economic Area. Estimates from individual-level usage data suggest that consumer surplus increased by...
Persistent link: https://www.econbiz.de/10012888496
Constantly rising expenditures for pharmaceuticals require government intervention in firms' pricing decisions. To this end, reference pricing systems are a frequently employed regulatory mechanism. This paper considers a duopoly market with vertically differentiated firms under different...
Persistent link: https://www.econbiz.de/10011976973
Several studies have examined the market value of paid-for internet services and internet access. This paper estimates the value of leisure time spent online for which the consumer pays no monetary price and which has become increasingly important as a leisure activity. We apply a methodology...
Persistent link: https://www.econbiz.de/10011979940
This paper analyses how different types of access regulation to next generation networks affect investments and consumer welfare. The model consists of an investment stage with uncertain returns and subsequent quantity competition. The access price is a function of investment costs and the...
Persistent link: https://www.econbiz.de/10003860957
The cost to merchants of taking payment on debit cards declined by more than $7 billion annually as a result of the Durbin Amendment to the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, while the effective cost to issuers of providing debit card services to consumers...
Persistent link: https://www.econbiz.de/10013074147
In the real world, markets are never in equilibrium and there is insufficient information to determine the ideal policy. Maximizing long-run consumer surplus is a heuristic for approximating optimal economic policy. Ideally, if the economy was at an efficient equilibrium, we'd maximize both...
Persistent link: https://www.econbiz.de/10012919211