Showing 1 - 10 of 832
the equilibrium product positioning and pricing of the two brands. We model a competitive setting in which there is ex …
Persistent link: https://www.econbiz.de/10011590708
In this paper, we study how a retailer can benefit from acquiring consumer taste information in the presence of competition between the retailers store brand (SB) and a manufacturers national brand (NB). In our model, there is ex-ante uncertainty about consumer preferences for distinct product...
Persistent link: https://www.econbiz.de/10011775701
Persistent link: https://www.econbiz.de/10011852632
Within a simple model of differentiated oligopoly, we show that tacit collusion may be prevented by the threat of nationalising a private firm coupled with the appropriate choice of the weight given to private profits in the maximand of the nationalised company. We characterise the properties of...
Persistent link: https://www.econbiz.de/10011725688
Persistent link: https://www.econbiz.de/10012510214
Persistent link: https://www.econbiz.de/10011755478
Persistent link: https://www.econbiz.de/10012802961
Persistent link: https://www.econbiz.de/10012802968
This paper investigates the effects on tacit collusion of increased market transparency on the consumer side of a market in a differentiated Hotelling duopoly. Increasing market transparency increases the benefits to a firm from underbutting the collusive price. It also decreases the punishment...
Persistent link: https://www.econbiz.de/10011409987
We investigate the effect of a vertical merger on downstream firms' ability to collude in a repeated game framework. We show that a vertical merger has two main effects. On the one hand, it increases the total collusive profits, increasing the stakes of collusion. On the other hand, it creates...
Persistent link: https://www.econbiz.de/10011482885