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In two-sided markets, instead of joining the platform simultaneously, two groups could join the platform sequentially … regulation policy …
Persistent link: https://www.econbiz.de/10012894285
Does competition promote efficient platform pricing and market structures? We model imperfect platform competition …
Persistent link: https://www.econbiz.de/10013008781
The profitability of a firm is jointly determined by it's organizational structure and the market structure. To explore the effects of market factors on optimal organizational structure we develop a real-time information processing model of a multi unit firm in a dynamic duopoly environment. Our...
Persistent link: https://www.econbiz.de/10012719892
How should firms optimally choose prices and promotional strategies and how should they position their products when consumers are "relative thinkers"? We provide answers in a model that extends the seminal contributions of Varian (1980) and Narasimhan (1988) and derive both managerial...
Persistent link: https://www.econbiz.de/10012241980
This paper investigates the impact of technical progress on the relationship between competition an investment. Using a model of oligopoly competition with di¤erentiated products where firms invest to reduce their marginal cost of production, I find that technical progress, which increases the...
Persistent link: https://www.econbiz.de/10011957665
The analytical background for this research is provided by the Structure-Conduct-Performance paradigm (SCP). In this view market structure determines the behavior of the firms (market conduct) and finally determines market performance. This paper explains the role of market structure on...
Persistent link: https://www.econbiz.de/10014224414
It is widely believed that larger customers in a market can secure lower prices than smaller customers. This paper presents conditions under which risk averse sellers, who can distinguish larger customers from smaller customers, but who cannot observe customers' valuations, have an incentive to...
Persistent link: https://www.econbiz.de/10014065277
on prices to curb such controversial practices. In this work, we find that, relative to non-regulation, appropriate … regulation may alleviate the cut-throat price competition among firms, and lead to a Pareto win-win outcome from the perspectives … of consumers and firms. However, inappropriate fairness regulation may stifle product quality improvement or induce high …
Persistent link: https://www.econbiz.de/10013295220
Persistent link: https://www.econbiz.de/10012136081
; cost uncertainty ; Cournot competition ; First Best ; Second Best ; capacity obligations ; spot market regulation. …
Persistent link: https://www.econbiz.de/10003894164