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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
found to differ systematically from the pricing schedule of a more prominent incumbent. By diverting competition to a stage …
Persistent link: https://www.econbiz.de/10012548537
This paper sheds light on an empirical controversy about the effect of competition on price discrimination. We … shows that whether competition has a positive or negative effect on price dispersion depends on the level of demand …
Persistent link: https://www.econbiz.de/10010211444
, we consider symmetric Cournot competition and show that the endogenous level of CSR is positive for any given number of …
Persistent link: https://www.econbiz.de/10011661316
This paper introduces a number of game-theoretic tools to model collusive agreements among firms in vertically differentiated markets. I firstly review some classical literature on collusion between two firms producing goods of exogenous different qualities. I then extend the analysis to a...
Persistent link: https://www.econbiz.de/10011662439
costs to the products being advertised, - Elimination (or non-emergence) of competition in markets to the products being …
Persistent link: https://www.econbiz.de/10012113480
I study Cournot competition under incomplete information about demand while assuming that market price must be non … of the paper are relevant also for price competition and for uncertainty about, e.g., cost or the number of firms, and …In diesem Beitrag wird Cournot-Wettbewerb bei unvollständiger Information über die Nachfrage untersucht und unterstellt …
Persistent link: https://www.econbiz.de/10010278127
In this paper, we tackle the dilemma of pruning versus proliferation in a vertically differentiated oligopoly under the assumption that some firms collude and control both the range of variants for sale and their corresponding prices, likewise a multiproduct firm. We analyse whether pruning...
Persistent link: https://www.econbiz.de/10011492383
generalise the approach and analyse the behaviour of a competition authority, which attaches different weights to the firms' and … restrictions also depends on the competition authority's instruments. The essential insights continue to apply if firms are …
Persistent link: https://www.econbiz.de/10013263940
, we consider symmetric Cournot competition and show that the endogenous level of CSR is positive for any given number of …
Persistent link: https://www.econbiz.de/10011698673