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This article examines the daily strategizing of buyers, taking the dyad to be the elementary unit of analysis in market dynamics. The ideas are revisited that dyadic market relationships converge towards loyalty (Kirman and Vriend), and that markets tend towards social or institutional...
Persistent link: https://www.econbiz.de/10013131255
This study examines firm behaviour when consumers can costlessly select a default product, or incur a decision cost to find their personal optimum. Monopolists can be efficient in some contexts, because they have an incentive to reduce decision costs in order to increase available surplus. They...
Persistent link: https://www.econbiz.de/10013017678
Prime and Netflix and Advertised-financed VoD like YouTube. Competition policy decisions in such dynamic markets are always … particularly challenging. The German competition authority was presented such a challenge when, at the beginning of the 2010s …
Persistent link: https://www.econbiz.de/10012005689
Prime and Netflix and Advertised-financed VoD like YouTube. Competition policy decisions in such dynamic markets are always … particularly challenging. The German competition authority was presented such a challenge when, at the beginning of the 2010s …
Persistent link: https://www.econbiz.de/10011923051
extent of competition from substitute products. I estimate that, in 2019, public corporations produced consumer surplus in …
Persistent link: https://www.econbiz.de/10013503368
as suggested in consumer research. On this basis, we investigate monopoly and competition between firms, described via an …. -- Bounded rationality ; social learning ; population game ; differential game ; product life cycle ; monopoly ; competition …
Persistent link: https://www.econbiz.de/10003850650
The present paper analyzes competition in the crowdfunding market in the light of the theory of two-sided markets, with …
Persistent link: https://www.econbiz.de/10012994769
-statistics suggest that banks in Kuwait, Saudi Arabia and the UAE operate under perfect competition; banks in Bahrain and Qatar operate … under conditions of monopolistic competition; and we are unable to reject monopolistic competition for the banking market in …
Persistent link: https://www.econbiz.de/10010322778
The use of traditional industry-level profitability indicators for assessing the state of competition is problematic … for two reasons. First, short-term variation reflects business cycles more than it does the impact of competition policy …. Second, rough industry-level indicators hide different mechanisms that are dependent on competition but may affect …
Persistent link: https://www.econbiz.de/10003763020
economic-experimental outcomes suggest that experienced utility may depend on the intensity of market competition. This paper … is the first to empirically analyze the implication of market competition for subjective well-being using real … hypothesis, we find that market competition aggravates the impact of individual's bargaining position in economic transactions on …
Persistent link: https://www.econbiz.de/10003672548