Showing 1 - 10 of 1,091
In the framework of a vertically differentiated mixed duopoly, with uncovered market and costless quality choice, we …
Persistent link: https://www.econbiz.de/10011714364
We compare a Bertrand with a Cournot duopoly in a setting where production is polluting and exploits natural resources …
Persistent link: https://www.econbiz.de/10011734229
This paper analyzes the incentives to invest in Next Generation Access Networks (NGA) in a framework with horizontal product differentiation with price competition between an investing and an access seeking firm. Given uncertainty about the success of the NGA, I compare regulatory regimes with...
Persistent link: https://www.econbiz.de/10009382884
This paper studies effects of price floors in a simple model of vertical product differentiation. We find that even non-binding price floors can increase quality on the market, if the cost of quality is sufficiently low. Where a binding price floor does not change the equilibrium quality, it...
Persistent link: https://www.econbiz.de/10014062282
This paper studies the incentives for multiproduct duopolists to sell their products as a bundle. It is shown that contrary to the monopoly case bundling may reduce profits and increase consumer rent. This is the case if consumers' reservation values are negatively correlated. The reason is that...
Persistent link: https://www.econbiz.de/10002812536
The paper proves the existence of a subgame perfect Nash equilibrium in a vertically differentiated duopoly with …
Persistent link: https://www.econbiz.de/10011713762
In this paper, we tackle the dilemma of pruning versus proliferation in a vertically differentiated oligopoly under the assumption that some firms collude and control both the range of variants for sale and their corresponding prices, likewise a multiproduct firm. We analyse whether pruning...
Persistent link: https://www.econbiz.de/10011451580
Since Kreps and Scheinkman's seminal article (1983) a large number of papers have analyzed capacity constraints' potential to relax price competition. However, the ensuing literature has assumed that products are either perfect or very close substitutes. Therefore none of the papers has...
Persistent link: https://www.econbiz.de/10010187650
We analyze the effects of consumers' limited attention on welfare in a model of horizontal product differentiation. We present a novel approach of modeling limited attention: an attention radius. Each consumer only notices goods that are within her attention radius, i.e., goods that are...
Persistent link: https://www.econbiz.de/10012287658
We analyze the effects of consumers' limited attention on welfare in a model of horizontal product differentiation. We present a novel approach of modeling limited attention: an attention radius. Each consumer only notices goods that are within her attention radius, i.e., goods that are...
Persistent link: https://www.econbiz.de/10011963815