Showing 1 - 10 of 173
This paper considers a three-stage game of a differentiated oligopoly: firms first make their entry decisions, then they choose production technologies and in the third stage of the game they decide product prices. The technology choice can be understood as selecting a technology from a pool of...
Persistent link: https://www.econbiz.de/10010541258
This paper considers a three-stage game of a differentiated oligopoly: firms first make their entry decisions, then they choose production technologies and in the third stage of the game they decide product prices. The technology choice can be understood as selecting a technology from a pool of...
Persistent link: https://www.econbiz.de/10010541682
This paper aims to shed light on firm specific drivers that lead firms to internationalise their innovation activities …’s competitive environment and the influence of innovation obstacles in the home country. In particular, the role of the potential … used to observe their impact on the decision to locate innovation activities in various countries and regions (China …
Persistent link: https://www.econbiz.de/10008469767
This paper forges links between a dynamic theory of markets and the reality of long term market changes. Goods are seen as being linked to the range of actions which they make possible. Thus it can be shown that the evolution of markets is closely connected with changing knowledge and property...
Persistent link: https://www.econbiz.de/10005616514
This Paper examines the effect of price competition on innovation, market structure and profitability in R …&D-intensive industries. The theoretical predictions are tested using UK data on the evolution of competition, concentration, innovation …
Persistent link: https://www.econbiz.de/10005666839
, hence the assumption of perfect competition when considering tax incidence might be misleading. Theoretically, in …
Persistent link: https://www.econbiz.de/10011150303
We analyze the competitive effects of backward vertical integration in a model with oligopolistic firms that exert market power upstream and downstream. In contrast to previous literature, we show that a small degree of vertical integration is always procompetitive because efficiency effects...
Persistent link: https://www.econbiz.de/10009386264
Does the internet increase competition? To address this question, I exploit two institutional details unique to Germany … treatment group with reduced online competition. (2) German law mandates resale price maintenance for books; I compare three … retailing sectors, electronics (price competition), books (no price competition), and food (no online sales), to identify the …
Persistent link: https://www.econbiz.de/10008740555
competition on the markup of the price leader. One more firm in the market is associated with a reduction of the price leader …’s markup which is equivalent to competition between existing firms for an additional three weeks in the product life cycle. Our … results support search theoretic models and contradict models of monopolistic competition. Moreover our results support the …
Persistent link: https://www.econbiz.de/10010765631
instrumenting is particularly important for estimating the effect of competition on the markup of the price leader. …
Persistent link: https://www.econbiz.de/10011083898