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market, monopoly pricing is well defined - as well as tests for predatory behavior; not so with multisided markets. Since the … markets for their potential for determining consumers' harm and welfare effects, as well as defining monopoly and predatory …
Persistent link: https://www.econbiz.de/10012151937
This paper studies the geography of competition on Moscow commercial real estate market. We estimate the elasticity of office rental price to the prices of competing objects as a function of the geographical distance. We found that office real estate market in Moscow, although saturated, is...
Persistent link: https://www.econbiz.de/10011478332
This paper develops a two-dimensional spatial framework to explore the firms' optimal locations and optimal attributes of basic products under linear transportation costs, in which firms have the technique of flexible manufacturing and engage in spatially discriminatory pricing. We can observe...
Persistent link: https://www.econbiz.de/10011503494
In a competitive market situation, a symmetric price transmission is expected, and the speed of adjustment of the market should be equal, no matter in which direction input prices are going (up or down). When inputs' prices increase, firms need to pass on costs to avoid negative profit...
Persistent link: https://www.econbiz.de/10012495765
Implicit in the text-book monopoly is an assumption of complete and instantaneous information or knowledge available to … make an optimal decision of price and output to maximize its profit and realize it. As a result, the text-book monopoly … develop a dynamic monopoly model. In particular, we assume first that the monopolist has only partial information about the …
Persistent link: https://www.econbiz.de/10011505806
good or service. Even if these firms are monopoly or oligopolies in their fields with huge economic rents, if they pass …
Persistent link: https://www.econbiz.de/10012804859
This paper uses a simple model based on the board game Monopoly to analyze the drivers of house prices and wealth …
Persistent link: https://www.econbiz.de/10012268409
Credence goods markets, such as those for car repairs and medical treatments, are generally characterized by an ex-ante and ex-post information asymmetry between the uninformed buyer and the informed seller. Previous literature demonstrates that efficiency and fraud in a monopolist credence...
Persistent link: https://www.econbiz.de/10012286246
With the continuous development and iteration of telecommunication technology, the users' requirements of the quality and service have increased dogmatically. In order to meet the diverse and personalized consumer demands, virtual network operators came into being. In 2013, China officially...
Persistent link: https://www.econbiz.de/10011760164
As the usage of mobile data is significantly increasing, the demand for free public Wi-Fi also continues to grow. The ministry of science & ICT (MSIT) and some municipalities in Korea have been constructing free Wi-Fi networks on mass transportation for the benefit of users. In this study, we...
Persistent link: https://www.econbiz.de/10012484342