Showing 1 - 10 of 85,622
role of information costs on incentives for trade intermediation, thereby endogenising the pattern of direct and indirect … trade. Intermediation is shown to unambiguously raise expected trade volume and social welfare by expanding the set of …
Persistent link: https://www.econbiz.de/10005151029
A two-sided, pair-wise matching model is developed to analyse the strategic interaction between two information intermediaries who compete in commission rates and network size, giving rise to a fragmented duopoly market structure. The model suggests that network competition between information...
Persistent link: https://www.econbiz.de/10005151040
role of information costs on incentives for trade intermediation, thereby endogenising the pattern of direct and indirect … trade. Intermediation is shown to unambiguously raise expected trade volume and social welfare by expanding the set of …
Persistent link: https://www.econbiz.de/10004977860
A two-sided, pair-wise matching model is developed to analyse the strategic interaction between two information intermediaries who compete in commission rates and network size, giving rise to a fragmented duopoly market structure. The model suggests that network competition between information...
Persistent link: https://www.econbiz.de/10005090624
role of information costs on incentives for trade intermediation, thereby endogenising the pattern of direct and indirect … trade. Intermediation is shown to unambiguously raise expected trade volume and social welfare by expanding the set of …
Persistent link: https://www.econbiz.de/10010745054
This paper examines one of the most important marketing strategies by software producers on the Internet. That is whether to offer free samples and if so, whether to list the samples on shareware repositories. I show that firms with higher value products have a greater incentive to offer free...
Persistent link: https://www.econbiz.de/10004970309
I study intermediation in networked markets using a stochastic model of multilateral bargaining in which traders …
Persistent link: https://www.econbiz.de/10010403606
This paper incorporates learning and reputation building into a simple dynamic stochastic model with asymmetric information. We use the model to study a bilateral trade flow influenced significantly by learning and reputation, namely U.S. imports of Japanese cars over the period 1961–2004....
Persistent link: https://www.econbiz.de/10010666166
The application of Nash bargaining solution to profit division in negotiation between opencast lignite mine and power plant has been discussed. Different proposals of status quo point usage and ways of its determination for profit sharing both in strategic and tactical/operational negotiation...
Persistent link: https://www.econbiz.de/10005260247
Lignite mine and power plant can operate as two separate entities, two entities in one holding or joint venture and as the one vertically integrated energy producer. Each of these solutions has the influence on operation of this tandem including realization of its individual and joint...
Persistent link: https://www.econbiz.de/10005621675