Showing 1 - 10 of 7,310
downstream retailers (ii) who bargain bilaterally in the presence of externalities (iii) created by competition between … bargaining models and and that how parties bargain, and over what, can almost pre-determine merger effects. This paper is …
Persistent link: https://www.econbiz.de/10013236154
competition, but helps firms to coordinate their quality investments more efficiently. We consider different information …
Persistent link: https://www.econbiz.de/10014344508
In many markets, the price of a good or service is flexible. Buyers can either buy at the posted price or attempt to negotiate a lower price. A seller's decision about whether to allow flexible prices and subsequent outcome in these types of flexible price markets depends, in large part, on...
Persistent link: https://www.econbiz.de/10013052281
In traditional over-the-counter (OTC) markets, investors trade bilaterally through intermediaries referred to as dealers. An important regulatory question is whether to centralize OTC markets by shifting trades onto centralized platforms. We address this question in the context of the liquid...
Persistent link: https://www.econbiz.de/10013234268
Bargaining is an important pricing mechanism, prevalent in both online and offline markets. However, there is little … empirical work documenting the costs and benefits of bargaining, primarily due to the lack of real-world bargaining data. We … leverage rich, transaction-level bargaining data from a major online platform and supplement it with primary data to quantify …
Persistent link: https://www.econbiz.de/10013249287
. Our findings suggest that perfect competition in both product and labour markets is widely rejected. Levels of the price …-cost margin and union bargaining power tend to be higher in some service sectors depicting however substantial heterogeneity … suggests that the Single Market integration is partial particularly relaxing the assumption of perfect competition in the …
Persistent link: https://www.econbiz.de/10011999316
are determined by bargaining. Vertical integration incentives are a combination of horizontal integration incentives up …. In contrast to the widely prevailing view in competition policy, vertical integration can under particular circumstances … convey more bargaining power to the merged entity than a horizontal merger to monopoly. In a bidding game for an exogenously …
Persistent link: https://www.econbiz.de/10013258145
contrast to the widely prevailing view in competition policy, vertical integration can under particular circumstances convey … more bargaining power to the merged entity than a horizontal merger to monopoly. The model is applied to analyze strategic … potential entrant out of the market. I provide conditions for such entry-deterring vertical mergers to occur. -- Bargaining …
Persistent link: https://www.econbiz.de/10009558227
which a vertically integrated firm sells its good to an independent downstream firm. Under downstream Bertrand competition …, the standard result of the desirability of two-part tariffs over linear contracts in terms of welfare may be reversed. We … downstream Cournot competition. Irrespective of the mode of downstream competition, the preferred contract type of the integrated …
Persistent link: https://www.econbiz.de/10013225988
We study vertical integration in the form of financial ownership as a way to improve the bargaining position of a firm … production agreements. If the bargaining sequence is pre-determined, then integrating with one of the downstream firms helps the … monopolist can choose his bargaining partner, then integration produces an additional effect: it serves as a commitment device of …
Persistent link: https://www.econbiz.de/10012715604