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probability of cut-throat competition, and the necessary presence of a demand-compatible peak-load structure. With respect to the …
Persistent link: https://www.econbiz.de/10010490031
lower prices and broader product variety. The present study reveals that those benefits depend on competition in services … strength of competition in services markets. The OECD STRI in telecommunications is found to be associated with a more complete …
Persistent link: https://www.econbiz.de/10012801170
This paper studies a decentralized, dynamic matching and bargaining market: buyers and sellers are matched into pairs. Traders exit the market at a constant rate, inducing search costs (frictions). All price offers are made by sellers. Despite the fact that sellers have all the bargaining power...
Persistent link: https://www.econbiz.de/10014219803
We develop a model of unregulated competition between interconnected networks and analyze the mature and transition … for large network substitutability and that freely negotiated access charges may prevent effective competition in the … mature phase of the industry and erect barriers to entry in the transition toward competition. Last, we examine the meaning …
Persistent link: https://www.econbiz.de/10014074126
extent of competition from substitute products. I estimate that, in 2019, public corporations produced consumer surplus in …
Persistent link: https://www.econbiz.de/10013503368
competition environments affect product prices. Using big data, we find that price variations are caused mainly by differential … competitive environments. More specifically, we find that Brand Competition Within Stores exerts the largest downward pressure on … prices. A 10 percent increase in the number of brands reduces prices by about 10 percent. Product Competition Within Stores …
Persistent link: https://www.econbiz.de/10015065342
Persistent link: https://www.econbiz.de/10000052036
We analyze the interplay between product market prices and firm boundary decisions. Enterprises are heterogeneous with respect to their productivities and each enterprise chooses between two ownership structures--centralized ownership (integration) performs well in coordinating managerial...
Persistent link: https://www.econbiz.de/10012857012
Analyzing price data from sequential German electricity markets, namely the day-ahead and intraday auction, a puzzling but apparently systematic pattern of price premiums can be identified. The price premiums are highly correlated with the underlying demand profile. As there is evidence that...
Persistent link: https://www.econbiz.de/10011750488
find that domestic competition does not seem to explain an excess or shortage of price changes at the sectoral level …
Persistent link: https://www.econbiz.de/10011597196