Mit der zunehmenden Fragmentierung der Automobilmärkte stellt sich die Frage, wie Kunden hybride Produkte, die auf zwei oder mehr bekannten Produktkategorien basieren, in ihre bestehende Wissensstruktur integrieren. Darüber hinaus ist interessant, welche Marketingmaßnahmen die kognitive...

We study product differentiation in the mutual fund industry. We design a model in which funds with heterogeneous perceived quality can choose their level of product differentiation. In equilibrium, high quality funds choose broad market designs (i.e., low differentiation) appealing to many...

We use a dynamic oligopoly model of entry and exit to evaluate how entry regulations affect profitability and market structure in retail. The model incorporates demand and store-level heterogeneity. Based on unique data for all retail food stores in Sweden, we find that the average entry costs...

We use a dynamic oligopoly model of entry and exit with store-type differentiation to evaluate how entry regulations affect profitability, market structure and welfare. Based on unique data for all retail food stores in Sweden, we estimate demand, recover variable profits, and estimate entry...