Showing 1 - 10 of 14,260
The paper models duopolistic competition in so called monotowns: towns with one big factory where most of the citizens …
Persistent link: https://www.econbiz.de/10012002089
incentive for vertically integrated firms to participate in the retail market, which increases competition in the short …
Persistent link: https://www.econbiz.de/10011742358
We conducted a laboratory experiment to study the price setting behavior in two-sided markets. We seek to answer two specific research questions: Do participants charge the equilibrium prices that can be derived from a theoretical model? How is the price setting affected by the characteristics...
Persistent link: https://www.econbiz.de/10011825236
bidders' costs generally depends on the type and fierceness of the market competition, the specific auction format, and the …
Persistent link: https://www.econbiz.de/10003935653
We consider contestants who must choose exactly one contest, out of several, to participate in. We show that when the contest technology is of a certain type, or when the number of contestants is large, a self-allocation equilibrium, i.e., one where no contestant would wish to change his choice...
Persistent link: https://www.econbiz.de/10011718621
In the economic literature on market competition, firms are often modeled as single decision makers and the internal … can not generally expect that the behavior of teams is equivalent to the behavior of individuals in Cournot competition … theoretical foundation for the unitary player assumption in Cournot competition. We show that this assumption is robust in …
Persistent link: https://www.econbiz.de/10010263110
oligopolistischen Wettbewerb zu betreiben. Im Bayesianischen Gleichgewicht resultieren eindeutige Gleichgewichtsstrategien. Diese sind … strategy for each firm. It is determined by the nature of competition (price or quantity) and by the basic characteristics of …
Persistent link: https://www.econbiz.de/10010305090
bidders' costs generally depends on the type and fierceness of the market competition, the specific auction format, and the …
Persistent link: https://www.econbiz.de/10010334084
I present a game-theoretic model where economic competition and attention competition are interdependent. On the one … price competition among all perceived firms. On the other hand attracting attention involves costs which must be covered by … the earnings from competition. It is the task of this paper to clarify the consequences of such an interdependence between …
Persistent link: https://www.econbiz.de/10010316856
attract more customers than their offline counterparts due to reduced mismatch costs, but face a tougher price competition …
Persistent link: https://www.econbiz.de/10011715856