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I present a game-theoretic model where economic competition and attention competition are interdependent. On the one … price competition among all perceived firms. On the other hand attracting attention involves costs which must be covered by … the earnings from competition. It is the task of this paper to clarify the consequences of such an interdependence between …
Persistent link: https://www.econbiz.de/10013111461
We develop models of markets with procrastinating consumers where competition operates - or is supposed to operate … price competition fails at this stage as well. In fact, a competition paradox results: an increase in the number of firms or … returning ex-post profits to consumers, and in some cases even exacerbate the failure of price competition. Consumer …
Persistent link: https://www.econbiz.de/10014578272
This essay summarizes our work on brands and competition. Brands and brand management have become a central feature of … the modern economy and a staple of business theory and business practice. Brands also have important effects on … competition and the marketplace; yet the two key areas of law concerned with competition — trademark and antitrust — have missed …
Persistent link: https://www.econbiz.de/10014036672
and competition from the fringe. We argue that when dominance is derived from first-mover advantages and innovation … feedback loops, rather than high and non-transitory barriers to entry, competition policy and regulation should avoid … from anti-competitive foreclosing abuses rather than from competition on the merits …
Persistent link: https://www.econbiz.de/10012828760
staple of business theory and business practice. Coca-Cola, Nike, Google, Disney, Apple, Microsoft, BMW, Marlboro, IBM … competition as the brand personality cannot be duplicated. In addition, this practice can be understood as a product … the others in that market space. In other words, brands have important effects on competition and the marketplace. Given …
Persistent link: https://www.econbiz.de/10014198461
competitive market for EV charging services. Competition should promote lower prices within the EV charging market and incentives …
Persistent link: https://www.econbiz.de/10014156522
anticompetitive effects. Most importantly, antitrust analysis should focus on competition for seeking and providing attention rather … than the particular products and services used for securing and delivering this attention. The existence of competition …
Persistent link: https://www.econbiz.de/10014162245
Using data from the US automobile market, we empirically examine the link between competition and innovation … interesting market to examine the link between competition and innovation. We use firm-level time-series data over a long horizon … relationship is reasonably non-linear; (2) higher market-wide competition results in an increase in patenting, and the relationship …
Persistent link: https://www.econbiz.de/10011342391
The traditional avoidance literature undeservedly neglects tax base distribution as a factor affecting the avoidance price, and generally assumed to be equal to the avoidance cost. In reality, avoidance providers are usually either high-skilled specialists or insiders. The strong collusion thus,...
Persistent link: https://www.econbiz.de/10009502218
I provide a simple proof that a monopsony must necessarily be a monopoly. This is in contrast to authors who have previously asserted that either no relation exists between monopsony and monopoly, or who have relied upon additional assumptions to make an inference about monopolisitic nature of a...
Persistent link: https://www.econbiz.de/10012955779