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Summary The empirical relationship between market concentration and prices has been well established for a long time and for numerous industries. Recently it was confirmed for the US movie theater industry. This paper investigates, whether such a price-concentration relationship can be found on...
Persistent link: https://www.econbiz.de/10014609353
We make a case for price-increasing competition on “competitive bottleneck” two-sided markets. We argue that demand interrelation might be sufficient to cause either no observable price effect of competition or price-increasing competition. Under price equality, total demand on both market...
Persistent link: https://www.econbiz.de/10010988951
The empirical relationship between market concentration and prices has been well established for a long time and for numerous industries. Recently itwas confirmed for the USmovie theater industry. This paper investigates, whether such a price-concentration relationship can be found on local...
Persistent link: https://www.econbiz.de/10009369196
Persistent link: https://www.econbiz.de/10011914138
Abstract The paper provides an analysis of the second-degree price discrimination problem on a monopolistic two-sided market. In a framework with two distinct types of agents on either side of the market, we show that under incomplete information the extent of platform access for high-demand...
Persistent link: https://www.econbiz.de/10014618870