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Sales and Promotions: A More General Model
Hann, Il-Horn; Hui, Kai-Lung; Lee, Sang-Yong Tom; Png, … - EconWPA - 2005
We embed the Varian (1980) model in a broader setting that considers how switcher/loyal customer segments are determined. Generally, customer acquisition is deterministic while pricing is randomized. The equilibrium outcome depends on the timing of customer acquisition relative to pricing. If...
Persistent link: https://www.econbiz.de/10005412976
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Informative Advertising: Competition or Cooperation?
Simbanegavi, Witness - Economic Research Southern Africa (ERSA) - 2005
I compare the outcome when firms semicollude on advertising to the outcome in the Grossman and Shapiro (1984) model of … informative advertising. I show that advertising is lower but prices and profits are higher under semicollusion on advertising. I … also show that semicollusion on advertising is detrimental to welfare. Although firms earn higher profits when colluding on …
Persistent link: https://www.econbiz.de/10008594455
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GOOD PROSPECTS FOR GREEN ENERGY IN ROMANIA
Papatulica, Mariana; Prisecaru, Petre - In: Global Economic Observer 1 (2013) 1, pp. 117-125
EU has to attain the strategic objectives for 2020: 20% of energy from renewable sources, cutting the emissions of greenhouse gases by 20% and diminishing the dependence on imported fuels, that is why in the last years European Commission has decided that MS should increase the flexibility of...
Persistent link: https://www.econbiz.de/10010721089
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Efficiency and competition in the Dutch non-life insurance industry: Effects of the 2006 health care reform
Bikker, Jacob; Popescu, Adelina - de Nederlandsche Bank - 2014
This paper investigates the cost efficiency and competitive behaviour of the non-life - or property and casualty - insurance market in the Netherlands over the period 1995-2012. We focus on the 2006 health care reform, where public health care insurance has been included in the non-life...
Persistent link: https://www.econbiz.de/10011004568
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Quel futur pour l'industrie boursière ? Analyse d'un processus de transformation
Lemettre, Jean-François - In: Innovations n° 30 (2009) 2, pp. 157-188
The transformation of world?s main stock markets into enterprises acting in a competitive environment is in progress and its consequences are not all known. Three strategies are competing with each other: vertical integration of exchange and CSD; horizontal growth of the market share to an...
Persistent link: https://www.econbiz.de/10008501865
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M2M Call Termination – regulation or competition?
Gabrielsen, Tommy Staahl; Vagstad, Steinar - In: Applied Economics Quarterly (formerly: Konjunkturpolitik) 54 (2008) 3, pp. 203-215
We review the recent literature on mobile termination rates (MTR) in mobile communication networks (M2M). This literature shows that mobile networks may have incentives to charge ineficient high termination charges leading to reduced surplus for consumers and society, and therefore should be...
Persistent link: https://www.econbiz.de/10004980246
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Why is on-net traffic cheaper than off-net traffic? Access markup as a collusive device and a barrier to entry.
Vagstad, Steinar; Gabrielsen, Tommy Staahl - Econometric Society - 2004
Received literature have shown that if competing networks are restricted to linear and uniform pricing, high access charges can facilitate collusion; a result that breaks down if we allow for non-linear and discriminatory pricing, however. We show that by adding unbalanced calling pattern to the...
Persistent link: https://www.econbiz.de/10005702527
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The Economics of the Internet Backbone
Economides, Nicholas - NET Institute - 2004
This paper discusses the economics of the Internet backbone. I discuss competition on the Internet backbone as well as relevant competition policy issues. In particular, I show how public protocols, ease of entry, very fast network expansion, connections by the same Internet Service Provider...
Persistent link: https://www.econbiz.de/10005622728
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Newspaper vs. online advertising - Is there a niche for newspapers in modern advertising markets?
Lindstädt, Nadine; Budzinski, Oliver - Institut für Volkswirtschaftlehre, Fakultät für … - 2012
Newspapers have been experiencing declining circulation figures and advertising revenues for several years. Declining … advertising figures, in particular, pose a threat to newspapers - this is especially severe in the U.S. where 73 per cent of … newspapers' revenues are generated through advertising. Many companies have expanded their advertising expenditures to online …
Persistent link: https://www.econbiz.de/10010985600
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Challenges in the Central European Postal Markets: The Example of the Polish Post
Czarniewski, Slawomir - In: Central European Business Review 2014 (2014) 4, pp. 20-29
The purpose of this work is to show the economic conditions of the postal market in Poland. The pace of economic transformation and growing competition in the postal market means that Polish Post is somehow forced to take new measures to improve the effectiveness of communication with their...
Persistent link: https://www.econbiz.de/10011122021