Showing 141 - 150 of 17,929
alternative markets available for entry rises, the incumbents' incentive to use debt as a deterrent falls. Thus, a potential …
Persistent link: https://www.econbiz.de/10005458993
We analyze the behavior of start-ups in e-commerce, namely on Austria's leading price-comparison-site, a multi-product environment with almost complete information. We use weekly panel data on price-quotes of digicams, Audio/HiFi-equipment and hardware. We furthermore use advanced estimation...
Persistent link: https://www.econbiz.de/10005459401
unconcentrated markets. Finally, the expectation of monopolization stimulates wasteful entry of downstream firms in the industry …
Persistent link: https://www.econbiz.de/10005731303
We analyze models of product differentiation with perfect price discrimination and free entry. With a fixed number of … product characteristics in a socially optimal way. However, with free entry, the number of firms is always excessive. Our … with free entry and imply that one has excessive entry into the ranks of the principals. …
Persistent link: https://www.econbiz.de/10005732217
entry into markets, there is little empirical evidence that incumbent firms effectively behave in this way. Bagwell and …
Persistent link: https://www.econbiz.de/10005582630
We test the effect of entry on the tariff choices of incumbent cellular firms. We relate the change in the breadth of … from personal communications services (PCS) firms. Entry by PCS competitors differed across geographic markets due to the … upgrade their technology from the old analog technology to the new digital technology in markets with more entry, suggesting …
Persistent link: https://www.econbiz.de/10005585454
This paper gives a model for price competition under consumer switching costs in a network setting with interconnection charges. This simultaneous analysis is conducted in a discrete choice model with a multinomial logit differentiation for the customers and not in a traditional Hotelling...
Persistent link: https://www.econbiz.de/10005588162
Why do some countries suffer from backward financial institutions and weak corporate governance rules? We show that, even if, overall, the economy would benefit corporate governance reforms, not all the agents would stand to gain from the improvement. In particular, entrepreneurs and firms that...
Persistent link: https://www.econbiz.de/10005609341
Productivity growth has long been associated with, among others, contestability of markets which, in turn, is dependent on the ease with which potential competitors to the incumbent firms can enter the product market. There is a growing consensus that in emerging markets regulatory and...
Persistent link: https://www.econbiz.de/10005652599
fact that the new company will cover not above 40% of the market; meaning that potential entry and facilities based … competiton will produce a market with companies of different sizes. We also find that the entry policy with asymmetric access … paid by consumers because prices increase in equilibrium. In terms of efficiency the assisted entry produce welfare loss …
Persistent link: https://www.econbiz.de/10005698266