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This study investigates the nexus between market structures on the banks' pricing behaviour in Kenya using the panel … sourced from Central Bank of Kenya were used. Estimation results reveal that the market concentration measures all positively …, policies on enhancing banking industry competitiveness would be appropriate in promoting market - based - pricing in the …
Persistent link: https://www.econbiz.de/10012807553
Two-sided platform firms serve distinct customer groups that are connected through interdependent demand, and include major businesses such as the media industry, banking, and the software industry. A well known result of tax incidence is that consumers of a more heavily taxed good pay a higher...
Persistent link: https://www.econbiz.de/10003948351
Persistent link: https://www.econbiz.de/10008826990
We consider a software vendor first selling a monopoly platform and then an application running on this platform. He may face competition by an entrant in the applications market. The platform monopolist can benefit from competition for three reasons. First, his profits from the platform...
Persistent link: https://www.econbiz.de/10011345756
When products are sold in advance, i.e. prior to consumption, consumers trade off an early, uninformed purchase at a low price against a late, informed purchase at a high price. This paper considers the effect of market structure on the prevalence of advance selling. We show that in an...
Persistent link: https://www.econbiz.de/10011446893
profitable for colluding firms to adopt a pricing strategy such that some variants are withdrawn from the market. Under pruning …
Persistent link: https://www.econbiz.de/10011451580
We analyze the effect of competition on price dispersion in the airline industry and show that the outcome hinges on redefining the extent of a market. Using panel data from 1993 to 2013, an increase in competition has a positive effect on price dispersion in one-way markets but a negative...
Persistent link: https://www.econbiz.de/10012962070
We examine the profitability and welfare implications of targeted price discrimination in two-sided markets. First, we show that equilibrium discriminatory prices exhibit novel features relative to discriminatory prices in one-sided models and uniform prices in two-sided models. Second, we...
Persistent link: https://www.econbiz.de/10012712926
This paper examines how changes in product market concentration, specifically firm exit, affect prices. I develop a model where firms have variable markups to show that the remaining firms increase their markups and prices after their competitors’ exit. The model predictions are tested using...
Persistent link: https://www.econbiz.de/10012660139
We empirically investigate the relevance of multi-homing in two-sided markets. First, we build a micro-founded structural econometric model that encompasses demand for differentiated products and allows for multi-homing on both sides of the market. We then use an original dataset on the Italian...
Persistent link: https://www.econbiz.de/10012664715