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competition "either or both." A central result is that platform ownership does not affect advertising levels, despite nontrivial … viewer fees. We show that the equilibrium advertising level is inefficiently high. We also demonstrate that entry of a … platform leads to an increase in the advertising level if viewers' preferences for the platforms are negatively correlated …
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Im Rahmen der Unternehmensgründung ist die Rechtsformwahl und damit die Beachtung steuerrechtlicher und zivilrechtlicher Einflussgrößen von besonderer Bedeutung. Rechtsformänderungen sind durch Umgründungen grundsätzlich einfach möglich, setzten aber oftmals die Lösung von...
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Inhalt: VORTRÄGE UND ZUSAMMENFASSUNG (Haucap, Justus: Warum erlahmt die Innovationsdynamik in Deutschland? Was ist zu tun? - Schubert, Sascha: Disruptive Geschäftsmodelle und Unternehmensgründungen: Wie viel Nachholbedarf hat Deutschland? - Hoyer, Werner: Eine neue Innovationsagenda für...
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This paper empirically assesses the impact of the intensity of competition on investment in new technologies within the mobile telecommunications industry. Using firm level panel data and an instrumental variable estimation it finds an inverted-U relationship between competition intensity and...
Persistent link: https://www.econbiz.de/10010395722
To examine the impact of globalization on managerial compensation, we consider a matching model where firms compete both in the product market and in the managerial market. We show that globalization, that is, the simultaneous integration of product markets and managerial pools, leads to an...
Persistent link: https://www.econbiz.de/10010341147
This paper explores the relationship between the intensity of competition in product markets and firms' incentives to lower their production costs by illegal means. Our framework combines a Salop circle with a crime model la Becker, allowing us to differentiate between several measures for the...
Persistent link: https://www.econbiz.de/10010486053
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/10010337840