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differentiation the duopoly is subsidized or the government remains inactive. In contrast, the monopoly is always subsidized. The … government with a duopoly may be active or inactive depending on the degree of product differentiation. Thus, we may observe a …
Persistent link: https://www.econbiz.de/10012530200
We examine the profitability and the welfare implications of pricediscrimination in two-sided markets. Platforms have information aboutthe preferences of the agents that allows them to price discriminatewithin each group. The conventional wisdom from one-sided horizontallydifferentiated markets...
Persistent link: https://www.econbiz.de/10009435121
Choice-based conjoint analysis has increased in popularity in recent years among marketing practitioners. The typical practice is to estimate choice-based conjoint models at the aggregate level, given insufficient data for individual-level estimation of part-worths. We discuss a method for...
Persistent link: https://www.econbiz.de/10009476603
A latent class model for identifying classes of subjects in paired comparison choice experiments is developed. The model simultaneously estimates a probabilistic classification of subjects and the logit models' coefficients relating characteristics of objects to choices for each respective group...
Persistent link: https://www.econbiz.de/10009476827
The Marketing literature has shown how difficult it is to profile market segments derived with finite mixture models, especially using traditional descriptor variables (e.g., demographics). Such profiling is critical for the proper implementation of segmentation strategy. We propose a new finite...
Persistent link: https://www.econbiz.de/10009477260
In spite of ongoing dramatic changes in labor market structure, transitional economies display rather low worker flows across sectors and occupations. Such low mobility can be explained by low returns to job changes as well as by market segmentation in the allocation of job offers. We develop an...
Persistent link: https://www.econbiz.de/10009477456
Perceptions based market segmentation (PBMS) is a simple framework for market structure analysis integrating the issues of segmentation and positioning. The only requirement is the availability of three-way data (numerous respondents evaluate numerous brands according to numerous attributes)....
Persistent link: https://www.econbiz.de/10009457660
lending. This paper sheds both theoretical and empirical light on the differences in the two credit markets. The theory …
Persistent link: https://www.econbiz.de/10009484534
Paper accepted for presentation at the 27th Conference of the International Association of Agricultural Economists (IAAE), Beijing China, August 16-22, 2009, (Ref 690)
Persistent link: https://www.econbiz.de/10009444856
This paper evaluates the incentive of firms to vertically integrate in asimple 2X2 Bertrand model of two substitutes that are each comprised oftwo complementary components. It confirms that all prices fall as aresult of a vertical merger. Further, we find that, when the compositegoods are poor...
Persistent link: https://www.econbiz.de/10009435084