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The knowledge society is characterized by knowledge becoming a kind of commodity that can be traded and priced. Knowledge-intensive business services (KIBS) are representative for such a knowledge-based economy, since their main input and output factor is directly related to knowledge itself....
Persistent link: https://www.econbiz.de/10011291795
the supply side of the market evolves much faster than the demand side the theory suggests that unsatisfied demands are …
Persistent link: https://www.econbiz.de/10011307230
We investigate the relation between Net Neutrality regulation and Internet fragmentation. We model a two-sided market …. We therefore identify an important link between termination fees, the online advertising market and Internet …
Persistent link: https://www.econbiz.de/10011307770
increases aggregate productivity because high-efficiency firms expand through exporting and low-efficiency firms exit the market …
Persistent link: https://www.econbiz.de/10011314222
Within the independent private-values paradigm, we derive the data-generating process of the winning bid for the last unit sold at multi-unit sequential English auctions when bidder valuations are draws from different distributions; i.e., in the presence of asymmetries. When the identity of the...
Persistent link: https://www.econbiz.de/10011324888
sales price because of strategic investment and product market effects. …
Persistent link: https://www.econbiz.de/10011324978
In 2013, Stiftung Warentest tested hazelnut chocolate for their leading magazine, called Test. Stiftung Warentest is one of the most important consumer organizations in Germany. Ritter Sport is a high-quality producer of chocolate in Germany. Their hazelnut chocolate did not pass the test. It...
Persistent link: https://www.econbiz.de/10011335493
This study explicitly takes into account that the decision to enter into a cooperative R&D relationship is related to the antecedent decision to carry out R&D. This calls for a methodological approach that, at the same time, allows the joint analysis of the determinants of the two decisions and...
Persistent link: https://www.econbiz.de/10011335716
Many recent studies have looked at the macroeconomic, cultural and institutional determinants of corruption at the cross-national level. This study complements these existing cross-country studies by focusing on firm-level evidence of microeconomic factors affecting bribes paid in a single...
Persistent link: https://www.econbiz.de/10011335755
A fundamental question in monopolistic competition theory is whether the market allocates resources efficiently. This … paper generalizes the Spence-Dixit-Stiglitz framework to heterogeneous firms, addressing when the market provides optimal … market allocations are efficient. When demand elasticities vary, market allocations are not efficient and reflect the …
Persistent link: https://www.econbiz.de/10011345492