welfare effects of entry into residential local telephone service in New York State using household-level data from September …

In this paper, we evaluate the consumer welfare effects of entry into residential local phone service in New York State … first quarter of 2003. Our results indicate that as a result of entry households that subscribe to one of the entrants … nature of the data, we decompose the households' overall gains from entry and find that benefits due to firm differentiation …

oligopoly without the unrealistic restrictions typically imposed for tractability and to demonstrate that the fundamental …

newspapers, quality can increase or decrease depending on the sensitivity of advertising revenue to quality. …

of circulation on advertising demand. Editors choose first the political position, then simultaneously cover prices and … advertising tariffs. We contribute to the literature on two-sided markets by endogenizing the political differentiation of …

In this paper we study the implications of service level guarantees (SLGs) in a model of oligopoly competition where … oligopoly models of price competition, greatly simplifying the analysis of this otherwise complex competitive scenario. Notably …

We study merger waves in vertically related industries where firms can engage in both vertical and horizontal mergers … from other mergers. When they do merge, however, they always merge in waves, which is either vertical or horizontal …

and after Craigslist’s entry. We find that these newspapers drop their classified ad rates significantly more after … Craigslist’s entry. We also find that the impact of the entry of Craigslist propagates to other sides of the newspaper market …