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strategies (most likely with digital products) and quantity competition (capacity decisions for physical products). Based on …
Persistent link: https://www.econbiz.de/10001736217
Persistent link: https://www.econbiz.de/10001645854
This paper analyzes the welfare effects of a public smoking ban in bars. We construct a model that captures crucial features of bar life: competing bars, social interaction, and heterogenous preferences for a smoking ban. Smokers and non-smokers simultaneously choose a bar given their...
Persistent link: https://www.econbiz.de/10003951734
strategies (most likely with digital products) and quantity competition (capacity decisions for physical products). Based on …
Persistent link: https://www.econbiz.de/10010509336
competition. We find that leverage has strategic effects, but those effects are much weaker than predicted by theory. Specifically … effects on product market competition. We test their model in a duopoly experiment under both, Bertrand and Cournot …, we find for price competition a general tendency towards collusion, which has the same overall consequences - but …
Persistent link: https://www.econbiz.de/10011539878
variable that induces a smaller degree of competition. The reason is that demand uncertainty and the degree of substitutability …
Persistent link: https://www.econbiz.de/10003470531
This paper dispels some suspicion on the validity of Hotelling's "Stability in Competition" conclusion. Sellers do move …
Persistent link: https://www.econbiz.de/10014181468
We investigate the relationship between competition and innovation using a dynamic oligopoly model that endogenizes … both the long-run innovation rate and market structure. We use the model to examine how various determinants of competition …
Persistent link: https://www.econbiz.de/10014042417
bidders' costs generally depends on the type and fierceness of the market competition, the specific auction format, and the …
Persistent link: https://www.econbiz.de/10014196760
We develop a stylized model of horizontal and vertical competition in tournaments with two competing firms. The sponsor …
Persistent link: https://www.econbiz.de/10014116684