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of all purchasing costs, than duopoly. This implies that in the process of opening a monopolistic market to competition …
Persistent link: https://www.econbiz.de/10014054902
While competition between firms producing substitutes is well understood, less is known about rivalry between … to raise prices, even if all browser competition exits. This may seem surprising since it runs counter to the traditional …
Persistent link: https://www.econbiz.de/10012732764
the economics, technology, and history of online competition. Online platforms face dynamic competition as a result of …: disruptive innovation that provides opportunities for entry; competition from online platforms that have secured a toehold in one … firms competing for consumer attention and advertiser dollars. The last two decades of online platform competition …
Persistent link: https://www.econbiz.de/10012951065
generalise the approach and analyse the behaviour of a competition authority, which attaches different weights to the firms' and … restrictions also depends on the competition authority's instruments. The essential insights continue to apply if firms are …
Persistent link: https://www.econbiz.de/10013257050
This paper studies how competition and vertical structure jointly determine generating capacities, retail prices, and … before they buy electricity in the wholesale market, we show that welfare is highest if competition in generation and …
Persistent link: https://www.econbiz.de/10012023903
the “tragedy” and the lack of competition which might exist in an integrated market structure. In this paper we analyze … competition, lowers prices and enhances consumer surplus. However, when quality leadership is shared, “disintegrating” firms may …
Persistent link: https://www.econbiz.de/10014201192
Multimarket contact between duopolists in an X and Y market is modelled with a trigger strategy. We show that mildly restrictive price-cap regulation in the X market decreases Y market quantities; but restrictive caps in the X market have a positive impact on Y market outputs. Behavior in...
Persistent link: https://www.econbiz.de/10014108928
pricing, introductory offers, and price wars. Such “competition for the market” or “life-cycle competition” can adequately … replace ordinary compatible competition, and can even be fiercer than compatible competition by weakening differentiation …. More often, however, incompatible competition not only involves direct efficiency losses but also softens competition and …
Persistent link: https://www.econbiz.de/10014024585
analyze the structure of competition and industry implications in terms of pricing, sales, profitability, and social welfare …
Persistent link: https://www.econbiz.de/10014028740
The paper explores the analogy between city and two-sided market. It generalizes the results on the pricing strategies of the platform in the two-sided markets for the case when concentration spillover plays an important role. The two-sided market framework is applied to model a city. The paper...
Persistent link: https://www.econbiz.de/10014208548