This paper evaluates the sources of transitory market power in the market for personal computers (PCs) during the late … different principles of product differentiation (PDs) played in segmenting this dynamic market. Our first PD measures the … these PDs played in contributing to transitory market power. In so doing, this paper attempts to account for the market …

particular industry, the California wine industry. In both a formal model and an empirical analysis, we examine the implications … of these motivations for market behavior. We find evidence that owners with strong non-financial motivations choose …

residential electricity market, we document evidence of consumer inertia. We estimate an econometric model of retail choice to …

strategy and the evolution of market structure. If information weakens the pull of brand, then Internet retailing may grow less …

, echoing effects found in the wholesale market by Lacetera, Pope and Sydnor (2012). Our results reveal that retail consumers … devote limited attention to evaluating vehicle mileage, and that this drives effects in the wholesale market. We estimate the …-level structural parameters using data from an intermediate market can give misleading results …

brand or exit the market. Firms could target price discounts for each phase, either to encourage experimentation (pay …-to-switch), to retain customers (pay-to-stay), or to price-discriminate. We use market-level data on price, sales, in-store discounts …

This paper characterizes the effects of market size on the size distribution of establishments for thirteen retail …, and in four industries the dispersion of establishment sizes depends on market size. Models of competition in which … competition is tougher in larger markets can reproduce the positive effect of market size on establishments' average size …