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Strategic responses to algorithmic recommendations : evidence from hotel pricing

García, Daniel; Tolvanen, Juha; Wagner, Alexander K. - 2023

We study the interaction between algorithmic advice and human decisions using high-resolution hotel-room pricing data … price recommendations are strategically biased and lead to suboptimal pricing by human decision makers. We quantify the … result from a shift to fully automated algorithmic pricing. …

Persistent link: https://www.econbiz.de/10014444885

Fighting collusion by permitting price discrimination

Helfrich, Magdalena; Herweg, Fabian - 2016

uniform pricing. …

Persistent link: https://www.econbiz.de/10011434582

Pricing and supply chain transparency to conscientious consumers

Bertini, Marco; Bühler, Stefan; Halbheer, Daniel - 2020

This paper studies how a firm should make pricing and transparency decisions when consumers care about supply chain … characteristics. We first show how preferences that account for price and unit cost constrain the firm’s pricing power and profit …

Persistent link: https://www.econbiz.de/10012310529

Competitive price cycles

Fischer, Kai; Martin, Simon; Schlag, Karl H. - 2025

We develop a tractable model of competitive price cycles where prices are chosen alternatingly and consumers have heterogenous information. The model yields sharp empirical predictions about price patterns, impact of captive consumers and pass-through. Using rich station-level price data from...

Persistent link: https://www.econbiz.de/10015426834

Turning the page on business formats for digital platforms : does Apple's agency model soften competition?

Foros, Øystein; Kind, Hans Jarle; Shaffer, Greg Eric - 2013

The agency model used by Apple and other platform providers such as Google allows upstream firms (content providers like book publishers and developers of apps) to choose the retail prices of their products (RPM) subject to a fixed revenue-sharing rule. We show that (i) this leads to higher...

Persistent link: https://www.econbiz.de/10009786199

Hotelling tax competition

Wooders, Myrna Holtz; Zissimos, Benjamin - 2003

This paper shows how competition among governments for mobile firms can bring about excessive differentiation in levels of taxation and public good provision. Hotelling s Principle of Minimum Differentiation is applied in the context of tax competition and shown to be invalid. Instead, when an...

Persistent link: https://www.econbiz.de/10011507860

How does the EU ETS reform impact allowance prices? : the role of myopia, hedging requirements and the hotelling rule

Bocklet, Johanna; Hintermayer, Martin - 2020

This paper uses a discrete-time partial equilibrium model of the European Emissions Trading System (EU ETS) to analyze the impact of the recent reform on allowance prices. By including bounded rationality such as myopia or hedging requirements, we find that the Hotelling price path is no longer...

Persistent link: https://www.econbiz.de/10012291879

The dynamics of evasion : the price cap on Russian oil exports and the amassing of the shadow fleet

Cardoso, Diego S.; Salant, Stephen W.; Daubanes, Julien - 2025

To reduce funds for Russia’s Ukraine invasion, Western governments imposed a price ceiling on Russian seaborne oil exports using Western services. To sell above that ceiling, Russia developed a “shadow fleet” which uses no such services. We use a calibrated model driven by this fleet’s...

Persistent link: https://www.econbiz.de/10015182866

Taxation in digital media markets

Kind, Hans Jarle; Köthenbürger, Marko - 2016

Digital media goods and digital media platforms exhibit cost structures and network effects that imply that price and quantity effects of consumption taxes are qualitatively different compared to what we typically find for physical goods. For instance, in most European countries and US states,...

Persistent link: https://www.econbiz.de/10011566482

Technical barriers to trade and firms' export cecisions

Yang, Shuyao - 2020

probability), intensive margins (export value) and pricing strategy (export price). To this end, product-level restrictive TBTs …

Persistent link: https://www.econbiz.de/10012312278