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Persistent link: https://www.econbiz.de/10011995422
dominance of access points lower incentives for entry and innovation, and lower the efficiency of access-point markets with …
Persistent link: https://www.econbiz.de/10014635326
aid control by the European Commission and may only be granted if the potential market failure is addressed without … areas. Second, and more novel, we examine the impact on different measures of competition: market entry and the resulting …
Persistent link: https://www.econbiz.de/10015052778
We study the optimal entry fee in a symmetric private value first-price auction with signaling, in which the … sufficiently strong, the expected revenue maximizing entry fee is the maximal fee that guarantees full participation. The larger is …
Persistent link: https://www.econbiz.de/10013202847
We study the effect of entry on the price distribution in the German retail gasoline market. Exploiting more than 700 … entries over five years in an event study design, we find that entry causes a persistent first-order stochastic shift in the … to 12% of stations’ gross margins. Consumers with easy access to information on prices gain the most from entry. The …
Persistent link: https://www.econbiz.de/10014310490
Persistent link: https://www.econbiz.de/10015080650
This paper examines the publication of quality indicators in service markets with public finance systems, such as education and healthcare markets. We provide a spatial model of product differentiation in which the reporting of such indicators increases consumers’ decision weight on quality...
Persistent link: https://www.econbiz.de/10012390724
characteristics of expanding firms before and after the reform. We find a sharp immediate increase in entry rates, which continues to …
Persistent link: https://www.econbiz.de/10012546929
. In this study, we do not only analyse whether the aid was effective in solving a market failure – low broadband coverage … significantly increased in the municipalities receiving aid. This additional entry decreased average prices. Therefore, the …
Persistent link: https://www.econbiz.de/10012434185
Persistent link: https://www.econbiz.de/10015076014