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competition are all found to be important determinants of long-run firm values, firm turnover, and market structure. Estimates for …
Persistent link: https://www.econbiz.de/10014048921
This paper examines the effect of competition on second degree price discrimination in display advertising in Yellow … Page directories. Recent theoretical work makes conflicting predictions about the effect of competition on curvature. Our … main empirical finding is that competition increases the curvature of the price schedule, meaning that purchasers of the …
Persistent link: https://www.econbiz.de/10014035152
This chapter focuses on the economic mechanisms at work in recent models of advertising finance in media markets developed around the concept of two-sided markets. The objective is to highlight new and original insights from this approach, and to clarify the conceptual aspects. The chapter first...
Persistent link: https://www.econbiz.de/10014025251
This paper examines the relative importance of horizontal market structure, auction design, and vertical arrangements in explaining electricity prices. We define vertical arrangements as either vertical integration or long term contracts whereby retail prices are determined prior to wholesale...
Persistent link: https://www.econbiz.de/10014027930
This paper addresses two puzzles related to industrial dynamics and competition. The first of these puzzles is that a … globalization affects competition and distinguish forces that foster concentration and forces that are conducive for market …
Persistent link: https://www.econbiz.de/10014209661
number of firms, and some also imply that competition is more intense in larger markets. We test these predictions with a … that this is evidence that competition is increasing in market size …
Persistent link: https://www.econbiz.de/10014085426
market economies. The primary focus of the study is on competition and market structure, finance and the structure of lending … interpretation of the evidence on competition is that there is an initial move by firms into niches to exploit local market power …
Persistent link: https://www.econbiz.de/10013324752
market economies. The primary focus of the study is on competition and market structure, finance and the structure of lending … interpretation of the evidence on competition is that there is an initial move by firms into niches to exploit local market power …
Persistent link: https://www.econbiz.de/10005822674
expectations of future profits which, in turn, depend on the nature of competition within the market. In this paper we estimate a … by potential entrants, fixed costs faced by incumbent producers, and the toughness of short-run price competition are all …
Persistent link: https://www.econbiz.de/10005058836
market economies. The primary focus of the study is on competition and market structure, finance and the structure of lending … interpretation of the evidence on competition is that there is an initial move by firms into niches to exploit local market power …
Persistent link: https://www.econbiz.de/10005068801