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The article examines a differentiated-products duopoly model where the firms make entry decisions to two markets and … then choose prices. The effects of product differentiation and entry costs are analyzed in two games: with and without … price discrimination between the markets. Allowing price discrimination encourages more entry and tends to reduce prices and …
Persistent link: https://www.econbiz.de/10005836325
. High access charges may make the firms collude on high prices. Moreover, when allowing for entry, we show that incumbents …
Persistent link: https://www.econbiz.de/10008919566
Standard media economics models imply that increased platform competition decreases ad levels and that mergers reduce per-viewer ad prices. The empirical evidence, however, is mixed. We attribute the theoretical predictions to the combined assumptions that there is no advertising congestion and...
Persistent link: https://www.econbiz.de/10009386423
between market size and entry. …
Persistent link: https://www.econbiz.de/10009251247
higher with linear contracts than with two-part tari¤s. We also analyze the effects of endogenous entry on welfare. …
Persistent link: https://www.econbiz.de/10010801015
) attempt to block Skype's entry on their networks, some actually welcome it even if it apparently conflicts with their … symmetric (where Skype's entry is either accommodated or blocked by both MNOs) or asymmetric (where only one has the incentive …-off) relative to the one where entry is blocked. …
Persistent link: https://www.econbiz.de/10010726423
We study a dynamic model with an incumbent monopolist and entry in every subsequent period. We first show that if all …
Persistent link: https://www.econbiz.de/10010665755
We study competition in experimental markets in which two incumbents face entry by three other firms. Our treatments … vary with respect to three factors: sequential vs. block or simultaneous entry, the cost functions of entrants and the … amount of time during which incumbents are protected from entry. Before entry incumbents are able to collude in all cases …
Persistent link: https://www.econbiz.de/10010851346
Standard media economics models imply that increased platform competition decreases ad levels and that mergers reduce per-viewer ad prices. The empirical evidence, however, is mixed. We attribute the theoretical predictions to the combined assumptions that there is no advertising congestion and...
Persistent link: https://www.econbiz.de/10011051637
We use cumulative reaction functions to compare long-run market structures in aggregative oligopoly games. We first compile an IO toolkit for aggregative games. We show strong neutrality properties across market structures. The aggregator stays the same, despite changes in the number of firms...
Persistent link: https://www.econbiz.de/10011083659