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Search costs, demand-side economies, and the incentives to merger under Bertrand competition
Moraga-González, José Luis; Petrikaitè, Vaiva - In: The Rand journal of economics 44 (2013) 3, pp. 391-424
Persistent link: https://www.econbiz.de/10010344535
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Search costs, demand-side economies and the incentives tomerge under Bertrand competition
Moraga-González, José Luis; Petrikaitè, Vaiva - 2013
Persistent link: https://www.econbiz.de/10009734219
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Minimum price guarantees in a consumer search model
Janssen, Maarten C. W.; Parakhonyak, Alexei - 2009
This paper is the first to examine the effect of minimum price guaranteesin a sequential search model. Minimum price guarantees are notadvertised and only known to consumers when they come to the shop.We show that in such an environment, minimum price guarantees increasethe value of buying the...
Persistent link: https://www.econbiz.de/10011379207
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Price matching guarantees and consumer search
Janssen, Maarten C.W.; Parakhonyak, Alexei - In: International Journal of Industrial Organization 31 (2013) 1, pp. 1-11
offered than in an equilibrium without PMGs. We also consider the incentives of firms to choose PMGs and show that an …
Persistent link: https://www.econbiz.de/10010608441
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Price Guarantees, Consumer Search, and Hassle Costs
Baake, Pio - 2013
The paper deals with the competitive effects of price guarantees in a spatial duopoly where consumers can search for lower prices but have to incur hassle costs if they want to claim a price guarantee. It is shown that symmetric equilibria with and without price guarantees exist but price...
Persistent link: https://www.econbiz.de/10013072756
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Self-preferencing, quality provision, and welfare in mobile application markets
Teng, Xuan - 2023
Platforms often display their products ahead of third-party products in search. Is this due to consumers preferring platform-owned products or platforms engaging in self-preferencing by biasing search towards their own products? What are the welfare implications? I develop a structural model of...
Persistent link: https://www.econbiz.de/10014495178
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Horizontal Mergers and Divestment Dynamics in a Sunset Industry
Nishiwaki, Masato - 2015
business-stealing effect and fixed costs. Similarly, sunset industries with declining demand tend to be riddled with chronic … else's divestment, hoping to steal their business. This paper highlights the potential of mergers to internalize this … business-stealing effect and thereby promote divestment. Using the case of mergers in the Japanese cement industry, it examines …
Persistent link: https://www.econbiz.de/10013039086
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A Theory of Rent Seeking with Informational Foundations
Lagerlöf, Johan N. M. - 2006
I develop a model of rent seeking with informational foundations and an arbitrary number of rent seekers, and I compare the results with Tullock's (1980) classic model where the influence activities are "black-boxed." Given the microfoundations, the welfare consequences of rent seeking can be...
Persistent link: https://www.econbiz.de/10014055780
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Endogenous search, price dispersion, and welfare
Wang, Liang - 2016 - Revised version
Persistent link: https://www.econbiz.de/10011541502
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Endogenous search, price dispersion, and welfare
Wang, Liang - In: Journal of economic dynamics & control 73 (2016), pp. 94-117
Persistent link: https://www.econbiz.de/10011709077