Showing 41 - 50 of 739,939
, although anti-competitive mergers harm competition ex-post, barriers and costs of merging due to regulation should be reduced … to promote competition ex-ante …
Persistent link: https://www.econbiz.de/10012940274
We present a general and tractable oligopoly model of multi-sided platforms with endogenous side and platform choices of heterogeneous end-users, considering any mix of single-homing and multi-homing platforms and in which participating on one side could preclude doing so on others. We show the...
Persistent link: https://www.econbiz.de/10014443980
bidders' costs generally depends on the type and fierceness of the market competition, the specific auction format, and the …
Persistent link: https://www.econbiz.de/10003935653
We study the incentives to share private information ahead of contests, such as markets with promotional competition …
Persistent link: https://www.econbiz.de/10008822740
Crowd-sourced recommender platforms organize social learning about products by recommending items based on information collected from previous users. A crucial design question is the level of experimentation over the life cycle of a product. I study how market structure affects experimentation,...
Persistent link: https://www.econbiz.de/10012963639
This paper addresses the topic regarding the desirability of competition in banking industry. In a model where banks … investigate three questions: what are the effects of competition on banks' monitoring incentives? Does competition hurt banks …' stability? What can be devices to correct potential negative effects of competition vis à vis financial stability? We find that …
Persistent link: https://www.econbiz.de/10013152326
competition between certifiers, which lowers the certification fee, is not beneficial. This result complements Strausz (2005) who …
Persistent link: https://www.econbiz.de/10013155815
English Abstract: Financial liberalization accelerates global banks’ entry into new markets where host countries hope to spur investment and economic growth. However, banks sometimes retreat from their global ambitions and exit these new markets. This study demonstrates how difficulties of...
Persistent link: https://www.econbiz.de/10012607039
This paper studies how competition impacts innovative firms’ voluntary disclosure of product quality information. Our … find evidence for a competition-driven decline in product quality as driving these findings. These results suggest that …
Persistent link: https://www.econbiz.de/10013290248
A seller of a divisible good faces several identical buyers. The quality of the good may be low or high, and is the seller's private information. The seller has strictly convex preferences that satisfy a single-crossing property. Buyers compete by posting menus of nonexclusive contracts, so that...
Persistent link: https://www.econbiz.de/10011684967