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relatively small size, still faces the challenges of high concentration in services and lack of competition, with only a few …
Persistent link: https://www.econbiz.de/10011654027
Market delineation is a fundamental tool in modern antitrust analysis. However, the definition of relevant markets can be very difficult in practice. This preliminary draft applies a new methodology combining a simple price correlation test with hierarchical clustering -a method known from...
Persistent link: https://www.econbiz.de/10011929833
I present a game-theoretic model where economic competition and attention competition are interdependent. On the one … price competition among all perceived firms. On the other hand attracting attention involves costs which must be covered by … the earnings from competition. It is the task of this paper to clarify the consequences of such an interdependence between …
Persistent link: https://www.econbiz.de/10010316856
We study a variation of the duopoly model by Kreps and Scheinkman (1983). Firms limited by their capacity of production engage in a two stage game. In the first stage they commit to levels of production not exceeding their capacities which are then made common knowledge. In the second stage...
Persistent link: https://www.econbiz.de/10014501584
surplus compared to duopoly competition between platforms that charge positive fees on content providers. We also discuss the …
Persistent link: https://www.econbiz.de/10010320106
intensified competition for consumers. …
Persistent link: https://www.econbiz.de/10010320284
We compare four approaches to network neutrality and network management regulation in a two-sided market model: (i) no variations in Quality of Service and no price discrimination; (ii) variations in Quality of Service but no price discrimination; (iii) variations in Quality of Service and price...
Persistent link: https://www.econbiz.de/10010320393
Large publishing companies have been dominating scientific publishing for long, which leads to high subscription fees and inhibited access to scientific knowledge. At digital era, the opportunity of an unrestricted access appears feasible, because the cost of publishing should be low. It is no...
Persistent link: https://www.econbiz.de/10012144646
A common sales tactic is for a seller to encourage a potential customer to make her purchase decision quickly. We consider a market with sequential consumer search in which firms often encourage first-time visitors to buy immediately, either by making an “exploding offer” (which permits no...
Persistent link: https://www.econbiz.de/10011496146
Dispersion in retail prices of identical goods is inconsistent with the standard model of price competition among …
Persistent link: https://www.econbiz.de/10011599412