Showing 1 - 10 of 482
Abstract A monopolist who originally charges a uniform price across all markets may switch to discriminatory pricing upon the entry of a competitor. As a result, intensified competition may lead to more dispersed prices as well as higher prices for some or all consumers.
Persistent link: https://www.econbiz.de/10014587462
Summary In all health care systems exists governmental regulation, as the market for health is unanimously regarded as imperfect. The German health care market is a good example for a strongly regulated market in nearly each submarket, partially the determination of prices. Reimbursement of...
Persistent link: https://www.econbiz.de/10014609168
Summary The paper addresses entry barriers for a new technology - hydrogen powered cars or cars with fuel cell engines - if the network of its filling stations is missing. We use Hotelling’s model of product differentiation to characterize a situation where an incumbent firm produces the old...
Persistent link: https://www.econbiz.de/10014609226
Abstract We analyze the impact on consumer prices of some information characteristics of price-comparison search platforms. An equilibrium model where vendors compete in prices and consumers do not observe prices, but can obtain price information through a search platform, is developed. The...
Persistent link: https://www.econbiz.de/10014618876
Abstract The existing theoretical literature on mass customization maintains that customization reduces product differentiation and intensifies price competition. In contrast, operations management studies argue that customization serves primarily to differentiate a company from its competitors....
Persistent link: https://www.econbiz.de/10014619421
The main purpose of generic advertising is to enlarge the total market demand rather than capturing further slices from competitors. Several studies point out emergence of free-riding behavior under independent contribution and suggest use of coordination mechanism. However, existing literature...
Persistent link: https://www.econbiz.de/10014619510
Purpose – This research aims to examine the role of national culture dimensions in the nature of tier competition between high-tier brands and low-tier brands. Design/methodology/approach – It starts with a conceptual framework based on prospect theory to explain the asymmetric inter-tier...
Persistent link: https://www.econbiz.de/10014897171
consumer welfare. We show that both types of trade barriers reduce (increase) the number of exporting (pure domestic) firms … effect for the tariff. Welfare falls when fixed export costs increase and increases for small tariffs and falls for large … tariffs, i.e. there exists a welfare maximizing tariff.  …
Persistent link: https://www.econbiz.de/10014586810
Abstract This paper shows that vertical foreign direct investment will reduce prices but the aggregate welfare effect …
Persistent link: https://www.econbiz.de/10014586837
welfare. We show that both types of trade barriers reduce (increase) the number of exporting (pure domestic) firms. However … the tariff. Welfare falls when fixed export costs increase and increases for small tariffs and falls for large tariffs, i ….e. there exists a welfare maximizing tariff.  …
Persistent link: https://www.econbiz.de/10014587539