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In the computing industry, computing systems typically consist of multiple components supplied by independent firms. An important feature of this industry is coopetition. In other words, firms must cooperate with each other in making a system work, but at the same time compete for dividing the...
Persistent link: https://www.econbiz.de/10014028561
This paper presents a model of strategic buyer-seller networks with information exchange between sellers. Prior to engaging in bargaining with buyers, sellers can share access to buyers for a negotiated transfer. We study how this information exchange affects overall market prices, volumes and...
Persistent link: https://www.econbiz.de/10011576406
This paper lays down the rudiments of a descriptive theory of competition among the digital tech platforms known as … competition with uncertainty (II), and considers competition law and policy implications (III). This paper builds on draft …
Persistent link: https://www.econbiz.de/10014105467
Persistent link: https://www.econbiz.de/10011387176
We extend the models in ("Competition in two-sided markets" of Armstrong (2006, Rand Journal of Economics) by adding …
Persistent link: https://www.econbiz.de/10011295713
Bank profitability in the USA was extremely high in the pre-crisis period, yet this did not prevent the current crisis. It has become clear that these profits were on shaky grounds and also that bank profits were not used to buttress banks' capital bases. This paper analyses the effects of...
Persistent link: https://www.econbiz.de/10013152291
We extend the models in ("Competition in Two-sided Markets" of Armstrong (2006, 'Rand Journal of Economics') by adding …
Persistent link: https://www.econbiz.de/10013019789
amongst mortgage lenders and adds the idea of lender competition into this framework. Despite this addition, the results are …. When lenders are rational and face potential competition, they are able to use the bidding process as a means of generating …
Persistent link: https://www.econbiz.de/10013027213
be conditioned by the degree of market competition. We first identify conditions under which changes in marginal costs … competition setting. We then exploit changes in monetary policy to examine whether the pass-through of borrowing costs is affected …
Persistent link: https://www.econbiz.de/10012745332
This paper develops a framework for investigating dynamic competition in markets where price is negotiated between an … capture key market features. We estimate the model and use it to investigate (i) the effects of dynamic competition on …
Persistent link: https://www.econbiz.de/10012243350