Narrow search
Showing 1 - 10 of 746,543
Cover Image
Search frictions and market power in negotiated price markets
Allen, Jason; Clark, Robert; Houde, Jean-Francois - 2018 - This version: March 12, 2018
We provide a framework for empirical analysis of negotiated-price markets. Using mortgage market data and a search and negotiation model, we characterize the welfare impact of search frictions and quantify the role of search costs and brand loyalty for market power. Search frictions reduce...
Persistent link: https://www.econbiz.de/10011809443
Cover Image
Competition in the international niobium market : an econometric study
Silveira, Jáilison W.; Resende, Marcelo - 2017
residual demand approach advanced by Goldberg and Knetter (1999). The empirical evidence for the American destination market …
Persistent link: https://www.econbiz.de/10011743155
Cover Image
Perfect competition, market power, and contestability
Budzinski, Oliver; Stöhr, Annika - 2024
the decentralized coordination mechanism inherent in all competitive markets. Coordinating supply and demand is not the … mechanism of this coordination is valuable for economic thinking and economic theory. However, the implications of the perfect … original economic theory of contestability defines very strict conditions for perfectly contestable markets, antitrust has …
Persistent link: https://www.econbiz.de/10014536299
Cover Image
Optimal sin taxation and market power
O'Connell, Martin; Smith, Kate - 2021
application to sugar-sweetened beverage taxation. We estimate a detailed model of demand and supply for the UK drinks market …
Persistent link: https://www.econbiz.de/10012623743
Cover Image
Supplement to Buyer Alliances in Vertically Related Markets
Molina, Hugo - 2020
and the procedure used to estimate the demand model …
Persistent link: https://www.econbiz.de/10012847788
Cover Image
Buyer Alliances in Vertically Related Markets
Molina, Hugo - 2020
Supplement is available at: "https://ssrn.com/abstract=3452506" https://ssrn.com/abstract=3452506Alliances of buyers to negotiate input prices with suppliers are commonplace. Using pre- and post-alliances data on household purchases of bottled water, I develop a structural model of bilateral...
Persistent link: https://www.econbiz.de/10012847789
Cover Image
How Resale Price Maintenance and Loss Leading affect Upstream Cartel Stability : Anatomy of a Coffee Cartel
Rickert, Dennis; Holler, Emanuel - 2022
We study empirically the price effects of upstream cartels that sell through downstream retailers to final consumers. We focus on a German coffee producer cartel that colluded under two different regimes: (i) involving wholesale prices in 2003 and (ii) with additional resale price maintenance...
Persistent link: https://www.econbiz.de/10014080999
Cover Image
Commodity price inflation, retail pass-through and market power
Richards, Timothy J.; Allender, William J.; Hamilton, … - In: International Journal of Industrial Organization 30 (2012) 1, pp. 50-57
When commodity prices rise, wholesalers and retailers of products derived from basic commodities respond by passing along at least a portion of the price increase to consumers. In this paper we examine whether firms respond differently to positive commodity price shocks than to negative...
Persistent link: https://www.econbiz.de/10010582616
Cover Image
Real-time pricing in power markets : who gains?
Boom, Anette; Schwenen, Sebastian - 2012
We examine welfare effects of real-time pricing in electricity markets. Before stochastic energy demand is known …, competitive retailers contract with final consumers who exogenously do not have real-time meters. After demand is realized, two … electricity generators compete in a uniform price auction to satisfy demand from retailers acting on behalf of subscribed …
Persistent link: https://www.econbiz.de/10009666499
Cover Image
Buyer Confusion and Market Prices
Kalayci, Kenan - 2011
We employ a price setting duopoly experiment to examine whether buyer confusion increases market prices. Each seller offers a good to buyers who have homogeneous preferences. Sellers decide on the number of attributes of their good and set prices. The number of attributes bears no cost to the...
Persistent link: https://www.econbiz.de/10013127525