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Monopoly Pricing when Consumers are Antagonized by Unexpected Price Increases: A "Cover Version" of the Heidhues-Koszegi-Rabin Model

Spiegler, Ran - 2010

expected prices; (2) the firm's incentive to adopt a rigid pricing strategy is stronger when fluctuations are in demand rather …

Persistent link: https://www.econbiz.de/10015220857

Welfare Implications of Sequential Entry with Heterogeneous Firms

Hattori, Keisuke; Yamada, Mai - 2020

Does free entry result in the socially preferred order of market entry for heterogeneous firms? This paper examines the welfare effects of sequential market entry by using a simple entry-deterrence model with heterogeneities in fixed and variable production costs among firms. In particular, we...

Persistent link: https://www.econbiz.de/10015221631

Comparing Monopoly and Duopoly on a Two-Sided Market without Product Differentiation

Böhme, Enrico; Müller, Christopher - 2010

market sides in the duopoly market exceeds total demand in the monopoly market. Furthermore, even though there is no …We propose both a monopoly and a duopoly model of a two-sided market. Both settings are fully comparable, as we impose … sizes. We determine the duopoly equilibrium and the monopoly optimum in terms of the parameters and obtain solutions with …

Persistent link: https://www.econbiz.de/10015222157

Price-Increasing Competition on Two-Sided Markets with Homogeneous Platforms

Böhme, Enrico; Müller, Christopher - 2010

platform operators is identical in monopoly and duopoly. Nevertheless, total demand on both market sides in the duopoly market … exceeds total demand in the monopoly market. Furthermore, even though there is no observable price effect, there is still a …. We argue that demand interrelation as given on many competitive bottleneck two- sided markets might be sufficient to …

Persistent link: https://www.econbiz.de/10015224397

All solution graphs in multidimensional screening

Kokovin, Sergey; Nahata, Babu; Zhelobodko, Evgeny - 2010

We study general discrete-types multidimensional screening without any noticeable restrictions on valuations, using instead epsilon-relaxation of the incentive-compatibility constraints. Any active (becoming equality) constraint can be perceived as "envy" arc from one type to another, so the set...

Persistent link: https://www.econbiz.de/10015226411

Welfare Implications of Sequential Entry with Heterogeneous Firms

Hattori, Keisuke; Yamada, Mai - 2020

Persistent link: https://www.econbiz.de/10015227189

Competition, Technocracy and Inequality

Paul, Cocioc - 2020

The article present a brief analyze of theoretical virtues of free competition in relation with some visible limits and negative consequences observed in real economic life. Social intervention to correct (at least in part) those social failures and the new responses of the firms are discussed...

Persistent link: https://www.econbiz.de/10015228251

The monopoly benchmark on two-sided markets

Mueller, Christopher; Boehme, Enrico - 2011

all platforms or a “pure” monopoly with just one platform. Literature has not generally discussed, which benchmark is the … demand functions. Different situations require different benchmarks. Our results also help to anticipate the effects of …

Persistent link: https://www.econbiz.de/10015229512

Pre-entry advertising, entry deterrence and multi-informational signaling

Weinem, Michael; Heil, Oliver - 2010

Advertising is commonly regarded as a strategic tool to increase demand and steal business from competitors. The …

Persistent link: https://www.econbiz.de/10015229523

Innovation and monopoly: The position of Schumpeter

laino, antonella - 2011

When it speaks of Schumpeterian hypothesis we refer to the close relationship that exists between the degree of innovation and market structure. The entrepreneur represented by Schumpeter's is strongly creative and innovative to condition to be able to get e/o to maintain a market power, and...

Persistent link: https://www.econbiz.de/10015229697