recommendations and price offers only after consumers have approached them, creating additional market power due to search costs. In …

fixed effect methods and a difference-in-difference approach, this study investigates the impact of the MTU on the price … margins of gas stations. We find that the MTU fostered a more intense competition, with a reduction in price margins of 1 …

We consider an oligopolistic market where firms compete in price and quality and where consumers are heterogeneous in …-inefficiency of the price/quality offers. But, better price/quality combinations are signalled with lower prices in one type and with …

oligopolistic market where firms compete in price and quality and where consumers are heterogeneous in knowledge: some consumers … types of signalling equilibria are possible. Both are characterised by dispersion and Pareto-inefficiency of the price …/quality offers. But, better price/quality combinations are signalled with lower prices in one type and with higher prices in the …

We consider an oligopolistic market where firms compete in price and quality and where consumers are heterogeneous in …-inefficiency of the price/quality offers. But, better price/quality combinations are signalled with lower prices in one type and with …

We consider an oligopolistic market where firms compete in price and quality and where consumers have heterogeneous … neither. We show that if there are sufficiently many uninformed consumers, then there exists a unique equilibrium where price … is a perfect indicator of quality. This equilibrium is characterized by dispersion and Pareto-inefficiency of the price …

-tracking technology. If a firm acquires the technology, it can practice first-degree price discrimination among consumers that bought from …

In this note we analyze the sustainability of collusion in a game of repeated interaction where firms can price …