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With the rise of the digital economy and the depression in the travel industry due to the Covid-19 pandemic, the feasibility and profitability of innovative products on digital platforms, such as probabilistic selling, have garnered significant public attention. This paper utilizes a Salop...
Persistent link: https://www.econbiz.de/10014555503
We analyse the effects of predation in a vertical differentiation model, where the highquality incumbent is able to … aggressive attitude to make predation unprofitable for the incumbent. In this case predation does not occur and the equilibrium … prices are lower than the equilibrium prices which would emerge in a contest of explicitly forbidden predation. Moreover, we …
Persistent link: https://www.econbiz.de/10010298606
We analyse the effects of predation in a vertical differentiation model, where the high-quality incumbent is able to … aggressive attitude to make predation unprofitable for the incumbent. In this case predation does not occur and the equilibrium … prices are lower than the equilibrium prices which would emerge in a contest of explicitly forbidden predation. Moreover, we …
Persistent link: https://www.econbiz.de/10010298817
The paper develops a framework to enforce anti-predation rules that explicitly takes the intervention stage into … account. In particular, it is proposed to improve predation enforcement by focusing on two channels: refining the current … regime, and amending it. With respect to the refinement of the current predation enforcement regime, criteria for the …
Persistent link: https://www.econbiz.de/10010299842
selected enforcement options in a Cournot-type duopoly predation model. Differentiating between a no rule approach, an ex ante …
Persistent link: https://www.econbiz.de/10010302998
We study competition in the German interurban bus industry two years after its liberalization in January 2013. In addition to a brief characterization of the liberalization process and several general market developments, we provide a detailed analysis of selected market characteristics such as...
Persistent link: https://www.econbiz.de/10011314568
This paper studies the interaction between the incentives for predation and mergers. I show that the incentive for … predation in an oligopoly is limited by the subsequent competition for the prey. This bidding competition is expecially fierce … prey's assets, rather than just its financial viability. The paper also demonstrates that predation may be preferred to an …
Persistent link: https://www.econbiz.de/10010335038
entrepreneurial entry predation model with uncertainty. We show that entrepreneurial optimism can mitigate problems associated with …
Persistent link: https://www.econbiz.de/10011917094