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Price Dispersion in Dynamic Competition
R. Guthmann, Rafael - 2020
In product markets, there exists substantial dispersion in prices for transactions of physically identical goods, and incumbent sellers sell at higher prices than entrants. This study develops a theory of dynamic pricing that explains these facts as results from the same fundamental friction:...
Persistent link: https://www.econbiz.de/10012850789
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Price dispersion in dynamic competition
Guthmann, Rafael R. - 2020
In product markets, there exists substantial dispersion in prices for transactions of physically identical goods, and incumbent sellers sell at higher prices than entrants. This study develops a theory of dynamic pricing that explains these facts as results from the same fundamental friction:...
Persistent link: https://www.econbiz.de/10012292094
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Product differentiation and oligopoly : a network approach
Pellegrino, Bruno - 2023
extent of competition from substitute products. I estimate that, in 2019, public corporations produced consumer surplus in …
Persistent link: https://www.econbiz.de/10013503368
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Product pricing when demand follows a rule of thumb
Matzke, Christina; Wirth, Benedikt - 2009
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
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Kilpailun kehitys ja kannattavuuden mikrodynamiikka Suomen yrityssektorilla
Maliranta, Mika (contributor) - 2008
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
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Price Coordination in Two-Sided Markets : Competition in the TV Industry
Kind, Hans Jarle - 2010
competition between the TV channels, since they take into account the fact that a lower viewer price at one channel will harm …
Persistent link: https://www.econbiz.de/10013144903
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A new price test in geographic market definition : an application to German retail gasoline market
Bantle, Melissa; Muijs, Matthias - 2018
Market delineation is a fundamental tool in modern antitrust analysis. However, the definition of relevant markets can be very difficult in practice. This preliminary draft applies a new methodology combining a simple price correlation test with hierarchical clustering -a method known from...
Persistent link: https://www.econbiz.de/10011911873
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Persuading Consumers with Social Attitudes
Halbheer, Daniel - 2011
have heterogeneous social attitudes towards the consumption by others. Deriving product demand from primitives, we show …
Persistent link: https://www.econbiz.de/10013124388
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Persuading consumers with social attitudes
Bühler, Stefan; Halbheer, Daniel - 2011
have heterogeneous social attitudes towards the consumption by others. Deriving product demand from primitives, we show … asymmetries between firms. -- advertising ; social attitude ; consumption externality ; quality …
Persistent link: https://www.econbiz.de/10009130236
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Pricing of Conditional Upgrades in the Presence of Strategic Consumers
Cui, Yao - 2016
In this paper, we study a conditional upgrade strategy that has recently emerged in the travel industry. After a consumer makes a reservation for a product (e.g., a hotel room), she is asked whether she would like to upgrade her product to a higher-quality (more expensive) one at a discounted...
Persistent link: https://www.econbiz.de/10013000175