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This paper studies biased-manager hiring in a market with network externalities and product compatibility. We show that the aggressivity of a biased manager has a non-linear relationship with product compatibility; however, since both owners want to hire aggressive managers, product...
Persistent link: https://www.econbiz.de/10015408248
This paper analyzes competition in a two-period differentiated-products duopoly in the presence of both switching costs …
Persistent link: https://www.econbiz.de/10014066851
We revisit the two-stage duopoly game with strategic delegation and asymmetric technologies of Sen and Stamatopoulos …
Persistent link: https://www.econbiz.de/10011714314
This paper investigates the competition between vertically differentiated platforms in two-sided markets. We assume the presence of two competing platforms producing either higher- or lower-quality devices for consumers. Each platform decides the price of its hardware device for consumers and...
Persistent link: https://www.econbiz.de/10012904109
We revisit the endogenous choice of price or quantity made by two retailers in a vertical structure with a monopolistic manufacturer under network externalities when the retailers involve in centralized Nash bargaining with the two-part tariff contracts. When comparing integration to separation...
Persistent link: https://www.econbiz.de/10012896682
This paper analyzes pricing decisions and competition in network markets, assuming that groups of consumers can coordinate their choices when it is in their interest, if coordination does not require communication. It is shown that multiple asymmetric networks can coexist in equilibrium. A...
Persistent link: https://www.econbiz.de/10003441183
This paper assumes that groups of consumers in network markets can coordinate their choices when it is in their best interest to do so, and when coordination does not require communication. It is shown that multiple asymmetric networks can coexist in equilibrium if consumers have heterogeneous...
Persistent link: https://www.econbiz.de/10014069014
This paper analyzes pricing decisions and competition in network markets, assuming that groups of consumers can coordinate their choices when it is in their interest, if coordination does not require communication. It is shown that multiple asymmetric networks can coexist in equilibrium. A...
Persistent link: https://www.econbiz.de/10013318906
This paper shows that in a model of managerial delegation in duopoly market structure, if the managers' salary varies …
Persistent link: https://www.econbiz.de/10014030178
In a Cournot duopoly, if only one firm hires a manager while the other remains entrepreneurial, the Cournot …
Persistent link: https://www.econbiz.de/10011714068