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We study a novel trade-off in market transparency regulation by estimating a structural model of the German retail … gasoline market. Transparent environments enable easy price comparisons and match findings. Restricting transparency such that … is an inverse u-shaped relationship between consumer welfare and market transparency. Consumer welfare is maximal when …
Persistent link: https://www.econbiz.de/10012268956
Analyzing a sequential bargaining framework with one retailer and two suppliers of substitutable goods, we show that slotting fees may emerge as a result of a rent-shifting mechanism when consumer shopping costs are taken into account. If consumers economize on their shopping costs by bundling...
Persistent link: https://www.econbiz.de/10010276712
Analyzing a sequential bargaining framework with one retailer and two suppliers of substitutable goods, we show that slotting fees may emerge as a result of a rent-shifting mechanism when consumer shopping costs are taken into account. If consumers economize on their shopping costs by bundling...
Persistent link: https://www.econbiz.de/10003974483
We analyze how consumer preferences for one-stop shopping affect the bargaining relationship between a retailer and its suppliers. One-stop shopping preferences create "demand complementarities" among otherwise independent products which lead to two opposing effects on upstream merger...
Persistent link: https://www.econbiz.de/10009160881
Consumers increasingly prefer to bundle their purchases into a single shopping trip, inducing complementaries between initially independent or substitutable goods. Taking this one-stop shopping behavior into account, we show that slotting fees may emerge as a result of a rent-shifting mechanism...
Persistent link: https://www.econbiz.de/10009755718
This paper investigated the driving force of diffusion in smart phone market by analysing usage of them and making …
Persistent link: https://www.econbiz.de/10009733058
The economic literature on professional sports leagues suggests supporters' utility depends on uncertainty of outcome (competitive balance) and the quality of play. Unlike soccer, where the Champions League is dominated by teams from larger countries, our analysis indicates that the ERC exhibits...
Persistent link: https://www.econbiz.de/10009733728
itself. Two major paths to adopt the new platform in MVPD market cover the switching cost and effect for the new platform … market (Schmalensee, 1982), the product diversity from the supplier side (Blattberg and Deighton, 1996; Klemperer, 1995; Ram …
Persistent link: https://www.econbiz.de/10010470119
Using data from 1,226 matches played over 18 seasons, we analyse match attendances in the group stages of the European Rugby Cup (ERC). We find that short-run (match) uncertainty had little effect on attendances. This finding is significant as the ERC has been replaced by a new competition which...
Persistent link: https://www.econbiz.de/10010399298
Consumer co-operatives constitute a highly successful example of democratic forms of enterprises operating in developed countries. They are usually organized as medium or large-scale firms competing with profit-seeking firms in retail industries. In this paper we model such a situation as a...
Persistent link: https://www.econbiz.de/10013132063