Showing 51 - 60 of 126
We systematically investigate the relationship between the number of firms in a market and tacit collusion by means of a meta-analysis of the literature on oligopoly experiments as well as two of our own experiments with a total of 368 participants. We show that the degree of tacit collusion...
Persistent link: https://www.econbiz.de/10012937619
Persistent link: https://www.econbiz.de/10012941858
The Internet has assumed a central role in the global economy facilitating commerce and communication, and is thus central to many areas of IS research. In particular, IS researchers played a critical role in the academic discourse on net neutrality, which has recently informed new regulatory...
Persistent link: https://www.econbiz.de/10012970956
We conduct oligopoly competition experiments with differentiated goods in discrete and continuous time. Continuous time experiments allow for real-time, asynchronous strategic interaction and are therefore argued to be a more realistic mode of interaction, particularly in the context of...
Persistent link: https://www.econbiz.de/10013004246
We suggest a price signaling strategy that offers a microfoundation for the process leading to tacit collusion under multimarket contact, even in cases where previous theoretical explanations fail. It rests on the assumptions that firms can communicate collusive intentions solely through their...
Persistent link: https://www.econbiz.de/10013006153
Several regulatory authorities have recently allowed competing network operators to co-invest in network infrastructure. With the use of a laboratory experiment, we investigate the impact of co-investments on competition in regulated network industries, particularly in comparison to unilateral...
Persistent link: https://www.econbiz.de/10013008025
In this paper we scrutinize the request to regulate access to the OTTs' essential services bottleneck based on insights from the economic literature. First, we delineate that OTTs may pursue a one-sided or two-sided business model, which makes a fundamental difference with respect to the...
Persistent link: https://www.econbiz.de/10013013729
Recently, Internet auction sites have begun to compete in emotions by advertising the fun and excitement that bidders may experience during auction participation. The implicit conjecture inherent in these advertisements is that consumers derive a hedonic value from auction participation that...
Persistent link: https://www.econbiz.de/10012853301
In this paper we scrutinize the request to regulate access to the OTTs' essential services bottleneck based on insights from the economic literature. First, we delineate that OTTs may pursue a one-sided or two-sided business model, which makes a fundamental difference with respect to the...
Persistent link: https://www.econbiz.de/10012994765
It is crucial for content providers (CPs) to appear prominently on dominant online platforms in order to attract consumer demand. Platforms often offer content providers prominence in return for a monetary compensation (e.g., a sponsored listing). We consider the case where CPs can pay the...
Persistent link: https://www.econbiz.de/10013222280