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countervailing power, via an increase in downstream concentration, depends on the competition regime between airlines and whether … airports can price discriminate: airline concentration reduces the landing fee when downstream competition is in quantities …, but if downstream competition is in prices only where airports cannot discriminate. Furthermore, only in a specific case …
Persistent link: https://www.econbiz.de/10013068916
We revisit the relationships between competition and market outcomes in a Stackelberg oligopoly. Consider a … TV industry, despite being faced with severe competition from foreign entrants. We also show that the effects of … competition on producer surplus, consumer surplus, and social welfare are ambiguous …
Persistent link: https://www.econbiz.de/10012980737
competition model for a homogeneous good. It is shown that firms can exploit this weakness and charge prices above the competitive …
Persistent link: https://www.econbiz.de/10013156472
price contracts and quantity contracts might coexist. Welfare under price competition might be lower than under quantity … competition. Finally, the profit ranking of the firms might be different from that of a private duopoly or a mixed duopoly with a …
Persistent link: https://www.econbiz.de/10013060827
This paper examines a homogeneous-good Bertrand-Edgeworth oligopoly model to explore the role of firm size and number in pricing. We consider the price impact of merger, break up, investment, divestment, entry and exit. A merger leads to higher prices only when it increases the size of the...
Persistent link: https://www.econbiz.de/10014420154
Persistent link: https://www.econbiz.de/10012693129
Persistent link: https://www.econbiz.de/10012177809
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
increases total surplus compared to duopoly competition between platforms that charge positive fees on content providers. We …
Persistent link: https://www.econbiz.de/10005645362
We examine how revenue-sharing and profit-sharing stakes affect price competition intensity under duopoly. Our analysis … builds on the price competition framework introduced by Varian (1980) and accounts for fundamental asymmetries in terms of … always has a stronger competition-dampening effect (leads to higher prices) than a profit-sharing stake, and explain how the …
Persistent link: https://www.econbiz.de/10014082332