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this assumption, competition across qualities leads to second-degree price discrimination. We find that markups on low …
Persistent link: https://www.econbiz.de/10010227304
We compare a discriminatory pricing regime with a non-discriminatory regime in a competitive bottleneck model where content providers endogenously sort into single or multi-homers. We find that consumer prices rise when the share of single-homers increases in the non-discriminatory case, while...
Persistent link: https://www.econbiz.de/10011630878
We analyze Bertrand duopoly competition in markets with network effects and consumer switching costs. Depending on the …, and cost asymmetries. Finally, in a dynamic extension of our model, we show how competition depends on agents' discount … factors. -- Network Effects ; Switching Costs ; Bertrand Competition …
Persistent link: https://www.econbiz.de/10009236846
We analyze market dynamics under Bertrand duopoly competition in industries with network effects and consumer switching …
Persistent link: https://www.econbiz.de/10012724212
model of price competition with fixed costs. It unveils an interesting and unexplored relationship between Bertrand … competition and natural monopoly. That relationship points out that the non-subadditivity of the cost function at the output level …
Persistent link: https://www.econbiz.de/10012950640
competition and robustification, we derive algorithmically tractable convex optimization counterparts that have a clear …-cut economic interpretation. In the case of perfect competition, this result corresponds to the two classic welfare theorems, which … the different effects of the combination of economic competition and uncertainty modeling. …
Persistent link: https://www.econbiz.de/10012697234
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 increase. Second, competition serves as a credible commitment to lower …
Persistent link: https://www.econbiz.de/10011345756
number of firms, and some also imply that competition is more intense in larger markets. We test these predictions with a … that this is evidence that competition is increasing in market size …
Persistent link: https://www.econbiz.de/10014085426
full variety of market types, despite the central role of competition in firm strategy. In this study, we examine the … Managements. Trotz der zentralen Rolle von Wettbewerb für die Unternehmensstrategie wurde die Rolle des Wettbewerbsdrucks in den …
Persistent link: https://www.econbiz.de/10015132907
extent of competition from substitute products. I estimate that, in 2019, public corporations produced consumer surplus in …
Persistent link: https://www.econbiz.de/10013503368