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Do firms reduce employment when their insiders (established, incumbent employees) claim higher wages? The conventional answer in the theoretical literature is that insider power has no influence on employment, provided that the newly hired employees (entrants) receive their reservation wages....
Persistent link: https://www.econbiz.de/10008520169
zu beurteilen, ob die Ausübung von Marktmacht die Ressourcenallokation auf den deutschen und ungarischen … Ausübung von Marktmacht bedingten Verzerrungen allerdings als gering anzusehen sind. Die Schätzungen implizieren, dass die …, dass die Marktmacht der Verarbeiter im deutschen Schweinesektor abnehmend ist, während sie sich im ungarischen Sektor …
Persistent link: https://www.econbiz.de/10011142851
This paper is concerned with the question of how to deal with Google Shopping’s position on online markets in order to prevent harm to public welfare. From the perspective of sellers and buyers of goods and services in Germany, Google can be seen as a gatekeeper to the Internet and thus as an...
Persistent link: https://www.econbiz.de/10011123609
market power, but there is no theory on the ‚information power‘ of search engines. The concept of ‚search neutrality‘ is not …
Persistent link: https://www.econbiz.de/10010820106
market power, but there is no theory on the ‚information power‘ of search engines. The concept of ‚search neutrality‘ is not …
Persistent link: https://www.econbiz.de/10010750347
unterstützen die aus der Literatur der industriellen Organisation bekannte Marktmacht-Hypothese. …
Persistent link: https://www.econbiz.de/10011250308
We consider a software vendor selling both a monopoly platform (e.g. operating system) and an application that runs on this platform. He may face competition by an entrant in the applications market. Consumers are heterogeneous in their preferences for both the platform and the applications....
Persistent link: https://www.econbiz.de/10005515666
We consider a software vendor first selling a monopoly platform and then an application running on this platform. He may face competition by an entrant in the applications market. The platform monopolist can benefit from competition for three reasons. First, his profits from the platform...
Persistent link: https://www.econbiz.de/10005515713
I analyze the implications of bundling on price competition in a market with complementary products. Using a model of imperfect competition with product differentiation, I identify the incentives to bundle for two types of demand functions and study how they change with the size of the bundle....
Persistent link: https://www.econbiz.de/10005515895
We study the behavioral denition of complementary goods: if the price of one good increases, demand for a complementary good must decrease. We obtain its full implications for observable demand behavior (its testable implications), and for the consumer's underlying preferences. We characterize...
Persistent link: https://www.econbiz.de/10005481471