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Standard economics provides a well-understood framework of the competitive determinants of market prices that is now widely accepted for antitrust analysis. In “two-sidedmarkets,” where firms supply products demanded by two interrelated groups of consumers, these competitive forces operate...
Persistent link: https://www.econbiz.de/10013133121
impact of competition and cooperation among the franchises of the four major professional sports leagues (i.e., the National …
Persistent link: https://www.econbiz.de/10013150706
In this paper we study, as in Jeon-Menicucci (2009), competition between sellers when each of them sells a portfolio of …
Persistent link: https://www.econbiz.de/10013155785
desirability of changing current EU competition law on RPM to approximate Leegin. In this short essay, I suggest that a move to …
Persistent link: https://www.econbiz.de/10013158370
This article studies competition between different types of ad-funded platforms attracting consumers with free services … that studies competition between standard platforms and social media platforms (with same-side network effects). We find …) externality on each other, competition fails to protect consumer welfare and behaves erratically. Finally, we present a few …
Persistent link: https://www.econbiz.de/10012838308
Commission's (“FTC”) Hearings on Consumer Protection and Competition, I had the privilege of participating in a distinguished …
Persistent link: https://www.econbiz.de/10012822526
We study competition in markets with significant transport costs and capacity constraints. We compare the cases of … price competition and coordination in a theoretical model and find that when firms compete, they more often serve more …
Persistent link: https://www.econbiz.de/10011724001
This article studies competition in markets with transport costs and capacity constraints. We compare the outcomes of … price competition and coordination in a theoretical model and find that when firms compete, they more often serve more … Germany, we study a cartel breakdown to identify the effect of competition on transport distances. Our econometric analyses …
Persistent link: https://www.econbiz.de/10011906924
: Competition is intensified when two products are more differentiated, yet softened when two products are more substitutable. This … competition and gives the highest total surplus of these three pricing schemes. Moreover, the rival firm always gets hurt in both …
Persistent link: https://www.econbiz.de/10014196255
The Klein-Leffler model explains how the benefit of future reputation can induce firms to produce high quality experience goods, either in a monopoly or an industry with competing firms. We show that reputation can be leveraged across products, but only by a firm with a monopoly on at least one...
Persistent link: https://www.econbiz.de/10014042908