Showing 1 - 10 of 38
In this paper we extend Kreps and Scheinkam's (1983) results to mixed-duopolies with linear demands and constant unit costs. We show that quantity precommitment and Bertrand competition yield to Cournot outcomes not only in the case of private firms but also when a public firm is involved.
Persistent link: https://www.econbiz.de/10015240506
In this paper we generalize the results of Kreps and Scheinkman (1983) to mixed-duopolies. We show that quantity precommitment and Bertrand competition yield Cournot outcomes not only in the case of private firms but also when a public firm is involved.
Persistent link: https://www.econbiz.de/10015240649
Salience theory has been successfully used to explain a wide range of empirical and experimental phenomena such as the Allais paradox, framing effect, the preference reversal phenomenon or the decoy and compromise effects. In this paper we show that salience theory carries a notable flaw and...
Persistent link: https://www.econbiz.de/10012382121
We are grateful for the comments by Péter Bucsky on our article on Uber’s effects on bicycle sharing usage (Bakó et al., 2020). Unfortunately, we believe that the concerns raised, and criticisms made by Bucsky (2020) are either based on misunderstandings of our results or are irrelevant to...
Persistent link: https://www.econbiz.de/10012382127
In this article we use a natural experiment to assess the effects of a public transport disruption on the bicycle sharing system ridership. We exploit maintenance work on a major tram line in Budapest. Fixed effects panel regressions are applied in a difference-in-difference setting. Our results...
Persistent link: https://www.econbiz.de/10013172373
Environmentalism and pro-environmental behavior are widely thought to correlate with political attitudes. In particular, both empirical and anecdotal evidence suggests that left-leaning individuals have more favorable dispositions toward environmentalism and practices that are regarded as...
Persistent link: https://www.econbiz.de/10014287483
The creation of sustainable urban communities is contingent upon the establishment of a sustainable, efficient, and fast transportation system. Bicycle sharing systems (BSS) are one of the most sustainable and inclusive ways of transportation in cities. An important question is how to increase...
Persistent link: https://www.econbiz.de/10015055017
The use of machine learning techniques to identify problem gamblers has been widely established. However, existing methods often rely on self-reported labeling, such as temporary self-exclusion or account closure. In this study, we propose a novel approach that combines two documented methods....
Persistent link: https://www.econbiz.de/10015107301
In this paper we develop a simple model to analyze the effects of exclusive contracts in vertically integrated markets where both the upstream and the downstream market are characterized as oligopolies and manufacturers produce vertically differentiated products. We find that firms prefer to...
Persistent link: https://www.econbiz.de/10010124223
The ability of a manufacturer to enhance competition among its retailers by imposing a price floor was recently introduced in the literature. The purpose of this article is to revisit this anti-collusive explanation of the retail price maintenance in a more general model in which we introduce...
Persistent link: https://www.econbiz.de/10010124280