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information on the innovator's product increases the imitator's returns to waiting. With this increasing availability of … information, imitators' products transition from those that are horizontally differentiated (products are similar in quality but …
Persistent link: https://www.econbiz.de/10012750295
We build a model where the occupational choice of programmers determines the quality of programs in the consumer market. A monopolist, supplying the consumer market, has to take into account the impact the free software has on the market. When software implementation costs are low the monopolist...
Persistent link: https://www.econbiz.de/10005775848
) visiting firms or by consulting a price agency who sells information about which firm charges the lowest price. …
Persistent link: https://www.econbiz.de/10005697760
This article provides a simple account of the effect of quality competition on the extent of sequential entry accommodation for a differentiated oligopoly market characterized by locational differentiation. The model is solved with consumers seeking a “love for quality” surplus utility while...
Persistent link: https://www.econbiz.de/10012897111
"information-digital capital" (IDC) and "information-digital rent" (IDR). © 2018, SRAC - Romanian Society for Quality. All rights …
Persistent link: https://www.econbiz.de/10013310099
unverifiable private information about their costs. We investigate the conditions under which the firms cannot transmit any … information through cheap talk, and show that when these conditions are violated, it may be possible to construct informative …
Persistent link: https://www.econbiz.de/10010930788
information about their costs. We show that cheap talk between the firms cannot transmit any information. However, if the firms …
Persistent link: https://www.econbiz.de/10010292012
information about their costs. We show that cheap talk between the firms cannot transmit any information. However, if the firms …
Persistent link: https://www.econbiz.de/10010681084
information about their costs. We show that cheap talk between the firms cannot transmit any information. However, if the firms …
Persistent link: https://www.econbiz.de/10009633349
In this note we consider the preferences of a profit maximizing firm for international ownership in a world in which firms compete in an international Cournot oligopoly, and in which countries use strategic trade policy. We find that firms prefer national ownership and show that full...
Persistent link: https://www.econbiz.de/10009367894