Showing 1 - 10 of 26,983
We analyze entry of a firm with a new and differentiated product into a market with two properties: An existing … consumers with the degree of taste heterogeneity leads to non-monotone effects of both parameters on entry. In particular, a … higher captive share can support entry when heterogeneity is low but not when it is high, and higher taste heterogeneity (i …
Persistent link: https://www.econbiz.de/10012520198
We test for the distributional effects of regulation and entry in the mobile telecommunications sector in a highly …. Next, we use a demand and supply equilibrium framework to simulate prices and the distribution of welfare without entry and … mobile termination rate regulation. We find that regulation benefits consumers significantly more than entry does, and that …
Persistent link: https://www.econbiz.de/10012052809
, including the relationship between the Herfindahl index and social welfare, free versus socially optimal entry, concentration …
Persistent link: https://www.econbiz.de/10010278106
We test for the distributional effects of regulation and entry in the mobile telecommunications sector in a highly …. Next, we use a demand and supply equilibrium framework to simulate prices and the distribution of welfare without entry and … mobile termination rate regulation. We find that regulation benefits consumers significantly more than entry does, and that …
Persistent link: https://www.econbiz.de/10012029118
We analyse the impact of an entry threat at the downstream level on the ability of a pair of vertically integrated … the structures of this market for which an entry threat facilitates collusion between incumbents. While the entry threat … leaves collusion and deviation profits unchanged, it lowers profits in punishment periods. Consequently, an entry threat …
Persistent link: https://www.econbiz.de/10009650734
In this paper we present an experiment in which we test the effects of sequential entry on the stability of collusion … makes collusion harder to sustain. In this study, we explore to what extent collusion can be upheld with exogenous entry … prior to entry. We find that collusion is indeed easier to sustain in the latter case than in groups starting large. We …
Persistent link: https://www.econbiz.de/10005836292
We provide an extensive and general investigation of the effecst on industry performance - profits, social welfare and price-cost margins - of exogenously changing the number of firms in Cournot markets. This includes an in-depth exploration of the well-known trade-off between competition and...
Persistent link: https://www.econbiz.de/10005008299
, including the relationship between the Herfindahl index and social welfare, free versus socially optimal entry, concentration …
Persistent link: https://www.econbiz.de/10005749769
, including the relationship between the Herfindahl index and social welfare, free versus socially optimal entry, concentration …
Persistent link: https://www.econbiz.de/10005612418
for entry and may also make consumers better off compared to the situation with no labour union if the labour productivity …
Persistent link: https://www.econbiz.de/10010681771