Similar Search Results

Pricing in asymmetric two-sided markets : a laboratory experiment

Weghake, Jens; Erlei, Mathias; Keser, Claudia; Schmidt, … - 2018 - Version: April 2018

We conducted a laboratory experiment to study the price setting behavior in two-sided markets. We seek to answer two specific research questions: Do participants charge the equilibrium prices that can be derived from a theoretical model? How is the price setting affected by the characteristics...

Persistent link: https://www.econbiz.de/10011825236

Welfare implications of personalized pricing in competitive platform markets : the role of network effects

Lu, Qiuyu; Matsushima, Noriaki; Shekhar, Shiva - 2024

This study explores the welfare impact of personalized pricing for consumers in a duopolistic two-sided market, with …, which is private in nature, cannot influence expectations regarding the network sizes, inducing the platforms to offer lower …

Persistent link: https://www.econbiz.de/10014490912

Number of firms, rationing, matching, and knowledge : a comprehensive study of variations in experimental Kreps-Scheinkman markets

Jacobs, Martin - 2016

This study provides a comprehensive picture of experimental Kreps-Scheinkman markets with capacity choice in the first stage and subsequent price competition at the second. We conduct seven different treatments of such markets, varying the number of firms, the demand rationing scheme, the...

Persistent link: https://www.econbiz.de/10011411149

Horizontal product differentiation with limited attentive consumers

Saur, Marc P.; Schlatterer, Markus G.; Schmitt, … - 2019

We analyze the effects of consumers' limited attention on welfare in a model of horizontal product differentiation. We … limited than under full attention. Consumer surplus and welfare are not maximized under full attention but increase for some …

Persistent link: https://www.econbiz.de/10011963815

Horizontal product differentiation with limited attentive consumers

Saur, Marc P.; Schlatterer, Markus G.; Schmitt, … - 2019

Persistent link: https://www.econbiz.de/10012287658

On the (Mis-) Alignment of Consumer and Social Welfare in Markets with Network Effects

Suleymanova, Irina; Wey, Christian - 2008

We analyze duopoly Bertrand competition under network effects. We consider both incompatible and compatible products …. Our main result is that network effects create a fundamental conflict between the maximization of social welfare and … welfare is highest in the asymmetric equilibrium. We also show that both consumer surplus and social welfare are higher in any …

Persistent link: https://www.econbiz.de/10014217962

Consumer Demand in Two-Sided Markets and the Platform-Specific Nature of Externalities

Ten Kate, Adriaan - 2019

We propose a general framework for consumer demand in two-sided markets, modelling the way externalities between customer groups affect the price sensitivity of demand on both sides of the market. We define a measure for the strength of the externalities and establish the conditions for the...

Persistent link: https://www.econbiz.de/10012871171

Algorithmic price recommendations and collusion : experimental evidence

Hunold, Matthias; Werner, Tobias - 2023

This paper investigates the collusive and competitive effects of algorithmic price recommendations on market outcomes. These recommendations are often non-binding and common in many markets, especially on online platforms. We develop a theoretical framework and derive two algorithms that...

Persistent link: https://www.econbiz.de/10014442786

Price-Match Announcements in a Consumer Search Duopoly

Yankelevich, Aleksandr - 2016

Using a model of sequential search, we show that announcements to price-match raise prices by altering consumer search behavior. First, price-matching diminishes firms' incentives to lower prices to attract consumers who have no search costs. Second, for consumers with positive search costs,...

Persistent link: https://www.econbiz.de/10013008776

Price Recall, Bertrand Paradox and Price Dispersion with Elastic Demand

Carvalho, Miguel - 2009

situations where the protection of a monopolist against entrants is a welfare maximizing policy. The introduction of more firms …

Persistent link: https://www.econbiz.de/10013156472

1
2
3
4
5
6
7
8
9
10
Next
Last