-cost carrier (LCC). In particular, we investigate whether the increased competition from a recently established LCC induces major …

this assumption, competition across qualities leads to second-degree price discrimination. We find that markups on low …

sellers shape the market structure in platform industries. If product market competition is tough, sellers avoid competitors … markets, several homogeneous platforms segment the market. Instead, if product market competition is soft, agglomeration on a … competition. …

This paper studies how market competition influences the algorithmic design choices of firms in the context of … to maximize estimated profit. We show that competition may induce firms to strategically choose simpler algorithms which …

This paper examines competition in the liberalized natural gas market. Each firm has zero marginal cost core capacity … competition and low margins in the retail segment …

group membership probabilities.The latter are conditioned on six bank traits of German banks and weidentify four signicantly … substantiallylower compared to previous studies. We use technology regime specic cost parametersto measure competition with Lerner … indices. Large, national universal banksand the smallest, most specialized banks exhibit the lowest level of competition …

This paper investigates interbank market fragmentation that results from the bank-sovereign risk nexus. We focus on the … Italian market fragmentation during the post-Lehman and sovereign debt crisis era. By using Italian bank and GIPSI country CDS … spread changes, we suggest a new measure of sovereign/bank spillovers, based on partial correlations. Then, we examine the …