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Persistent link: https://www.econbiz.de/10001528621
convenient are also changing the nature of market competition, and not always for the better. Computers colluding is one danger … reality is already shifting power into the hands of the few. Ezrachi and Stucke explore the resulting risks to competition … data and big analytics -- Light touch antitrust -- Looking beyond the facade of competition -- Part II. The collusion …
Persistent link: https://www.econbiz.de/10011483140
We study the interdependency between two markets, where the first involves offering production capacity, while on the second actual production is sold. The key issue is that the expected product market outcome determines the opportunity cost for bidding at the capacity market while the capacity...
Persistent link: https://www.econbiz.de/10009743582
; Gender ; Competition ; Aggression ; Dominance ; Risk-taking ; Endocrinological economics …
Persistent link: https://www.econbiz.de/10009544159
dispersion increases with competition. We find that competition has a negative effect on price dispersion, in line with the … traditional textbook treatment of price discrimination. Specifically, the effects of competition on price dispersion are most … routes with a more homogeneous customer base, the effects of competition on price discrimination are largely insignificant …
Persistent link: https://www.econbiz.de/10003715737
We investigate the effect of competition on price dispersion in the airline industry. Using panel data from 1993 to … 2008, we find a non-monotonic effect of competition on price dispersion. An increase in competition is associated with …
Persistent link: https://www.econbiz.de/10012713310
We characterize the evolution of markups for consumer products in the United States from 2006 to 2019. Using detailed data on prices and quantities for products in more than 100 distinct product categories, we estimate flexible demand systems and recover markups under an assumption that firms...
Persistent link: https://www.econbiz.de/10014635702
competitive practices. I study competition in this market by analyzing how lenders target and acquire new customers using direct …-mail, their principal acquisition channel. I find competition greatly impacts a lender’s profits. Average annual profit is 31 …%-53% ($73-$185 million) lower compared to a monopoly counterfactual. Competition also considerably reduces additional profits …
Persistent link: https://www.econbiz.de/10013289116
This paper examines how market competition affects the intensity and breadth of innovation. I assembled a unique … between price competition and innovation. When collusion suppressed price competition, colluding firms increased patent … technology classes increased by 30%. When competition was restored by collusion breakdown, the increased and broadened innovation …
Persistent link: https://www.econbiz.de/10012844444
Although recent international broadband penetration rankings have Congress concerned about U.S. broadband policy, these statistics should not play a large role in forming U.S. broadband policy, as they fail to take into account geographic factors, demographic factors and consumer preferences...
Persistent link: https://www.econbiz.de/10014050581