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Advertising competition in the free-to-air TV broadcasting industry
Ivaldi, Marc; Zhang, Jiekai - 2017
This paper empirically investigates the advertising competition in the French broadcast television industry within a … oligopoly competition and identify the shape and magnitude of the feedback loop between TV viewers and advertisers. We also … implement a simple procedure to identify the conduct of firms on the market. We find that the nature of competition in the …
Persistent link: https://www.econbiz.de/10011646956
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Intimidating Competitors ? Endogenous Vertical Integration and Downstream Investment in Successive Oligopoly
Buehler, Stefan - 2020
We examine the interplay of endogenous vertical integration and cost-reducing downstream investment in successive oligopoly. We start from a linear Cournot model to motivate our more general reduced-form framework. For this general framework, we establish the following main results: First,...
Persistent link: https://www.econbiz.de/10012705917
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Vertical Integration and Capacity Competition in Electricity Markets
Walshaw, Rowan; Meagher, Kieron - 2008
This paper characterises the impact of vertical integration on price equilibria and incentives to strategically withhold capacity in a wholesale electricity auction. A two-stage game is analysed where vertically integrated firms first declare the quantity of electricity available and then...
Persistent link: https://www.econbiz.de/10014214770
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Mergers, investment decisions and internal organisation
Banal-Estañol, Albert; Macho-Stadler, Inés; … - 2003
We analyse the effects of investment decisions and firms internal organisation on the efficiency and stability of horizontal mergers. In our framework economies of scale are endogenous and there might be internal conflict within merged firms. We show that often stable mergers do not lead to more...
Persistent link: https://www.econbiz.de/10011507904
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Divisionalization in contests
Huck, Steffen; Konrad, Kai A.; Müller, Wieland - 2000
To be represented by more than one contestant in a contest has advantages and disadvantages. This paper determines the conditions under which it is favorable to send several agents into the contest. -- contests ; Divisionalization ; delegation
Persistent link: https://www.econbiz.de/10009582389
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Oligopolistic competition in price and quality
Dubovik, Andrei; Janssen, Maarten C. W. - 2008
We consider an oligopolistic market where firms compete in price and quality and where consumers are heterogeneous in knowledge: some consumers know both the prices and quality of the products offered, some know only the prices and some know neither. We show that two types of signalling...
Persistent link: https://www.econbiz.de/10011376636
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Entry, exit, and the determinants of market structure
Dunne, Timothy; Klimek, Shawn D.; Roberts, Mark J.; Xu, … - 2013
competition are all found to be important determinants of long-run firm values, firm turnover, and market structure. Estimates for …
Persistent link: https://www.econbiz.de/10010195032
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Choosing whether to compete : price and format competition with consumer confusion
Crosetto, Paolo; Gaudeul, Alexia - 2014
offers especially when many consumers prefer comparable offers. This occurs after initial periods with strong competition and … leads to lower welfare for all consumers. In treatments where firms cannot monitor the competition, firms end up having to …
Persistent link: https://www.econbiz.de/10010433911
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A product market theory of worker training
Gersbach, Hans; Schmutzler, Armin - 2004 - revised: February 2004
employees and finally engage in imperfect product market competition. Equilibria with and without training, and multiple … equilibria can emerge. If competition is sufficiently soft and trained workers are substitutes, firms may invest in non …
Persistent link: https://www.econbiz.de/10011402873