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as suggested in consumer research. On this basis, we investigate monopoly and competition between firms, described via an …
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price competition among all perceived firms. On the other hand attracting attention involves costs which must be covered by … costs. I show that if attention competition is relatively inelastic or the commodities are strong substitutes then the gains …I present a game-theoretic model where economic competition and attention competition are interdependent. On the one …
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In the last decade, many European countries have seen a sharp increase in the number of automated fueling stations. We study the effect of this process innovation on prices at stations that are automated and their competitors using a difference-in-differences matching strategy. Our estimates...
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