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Who Thinks about the Competition? Managerial Ability and Strategic Entry in US Local Telephone Markets

Goldfarb, Avi; Xiao, Mo - 2008

so, it develops a structural econometric model that allows managers to be heterogeneous in their ability to correctly … older firms with older, more experienced managers have higher estimated levels of strategic ability. Managers with degrees … in economics or business, and managers with graduate degrees, also have higher estimated levels of strategic ability. We …

Persistent link: https://www.econbiz.de/10014213758

Group Hug : Platform Competition with User-Groups

Markovich, Sarit - 2019

We consider platform competition in the presence of small users and a usergroup. One platform enjoys a quality advantage and the other benefits from favorable beliefs. We study whether the group mitigates the users' coordination problem i.e., joining a low-quality platform because they believe...

Persistent link: https://www.econbiz.de/10012861345

Vertical Probabilistic Selling under Competition : The Role of Consumer Anticipated Regret

Chao, Yong - 2016

This paper studies probabilistic selling with vertically differentiated products when firms compete and consumers anticipate the potential post-purchase regret raised by possibly obtaining the inferior products. Intuitively, anticipated regret hurts the attractiveness of probabilistic selling....

Persistent link: https://www.econbiz.de/10012981806

Entry into Complementary Good Markets with Network Effects

Llanes, Gastón - 2016

We study whether complementarities can help a firm enter a market with strong network effects and incumbency advantages. We find that bundling the network good with a complementary good, or using the network good as a loss leader (i.e., pricing below marginal cost) can facilitate entry, but that...

Persistent link: https://www.econbiz.de/10012981808

Does Competition Lead to Agglomeration or Dispersion in EMR Vendor Decisions?

Freedman, Seth - 2018

We examine hospital Electronic Medical Record (EMR) vendor adoption patterns and how they relate to hospital market structure. As in many network technology adoption decisions, hospitals face countervailing incentives to coordinate or differentiate in their choice of vendors. We find evidence of...

Persistent link: https://www.econbiz.de/10012935446

Intense Network Competition

Stennek, Johan; Tangerås, Thomas - 2014

We analyse competition between perfectly substitutable networks. Monopolization can be sustained in equilibrium by asymmetric access prices whereby entry is deterred by a set of margin squeezes. A regulatory package consisting of (i) mandatory interconnection; (ii) reciprocal access prices;...

Persistent link: https://www.econbiz.de/10014212811

Bundling and Competition for Slots

Jeon, Doh-Shin; Menicucci, Domenico - 2008

We study competition among upstream firms when each of them sells a portfolio of distinct products and the downstream has a limited number of slots (or shelf space). In this situation, we study how bundling affects competition for slots. When the downstream has k number of slots, social...

Persistent link: https://www.econbiz.de/10014048270

Competition in the News Industry : Fighting Aggregators with Versions and Links

Calzada, Joan; Ordonez-Calafi, Guillem - 2016

We analyze the linking and versioning strategies of a media firm when facing competition from blogs, search engines and news aggregators. First, we show that when the publisher competes against a blog it is less likely to release a fighting version if this generates signi ficant spillovers for...

Persistent link: https://www.econbiz.de/10014164574

E-Book Platform Competition in the Presence of Two-Sided Network Externalities

Jiang, Yabing - 2012

The success of the Kindle e-book platform and the increased popularity of e-books among members of the reading community have attracted extensive interest in the high-tech industry. New platform providers are jumping in the market to compete for device and e-book sales. In this paper, we model...

Persistent link: https://www.econbiz.de/10014164575

Network Competition : Workhorse Resurrection

Tangerås, Thomas - 2014

I generalize the workhorse model of network competition (Armstrong, 1998; Laffont, Rey and Tirole, 1998a,b) to include income effects in call demand. Income effects imply that call demand depends also on the subscription fee, not only on the call price. In the standard case of differentiated...

Persistent link: https://www.econbiz.de/10013069126