Narrow search
Showing 1 - 10 of 2,451
Cover Image
Hotelling competition with multi-purchasing: Time Magazine, Newsweek, or both?
Anderson, Simon P.; Foros, Øystein; Kind, Hans Jarle - 2010
applies more generally to duopoly pricing. …
Persistent link: https://www.econbiz.de/10010273874
Cover Image
Network Externalities, Dominant Value Margins, and Equilibrium Uniqueness
Choi, Jay Pil; Stefanadis, Christodoulos - 2022
We examine tippy network markets that accommodate price discrimination. The analysis shows that when a mild equilibrium refinement, the monotonicity criterion, is adopted, network competition may have a unique subgame-perfect equilibrium regarding the winner’s identity; the prevailing brand...
Persistent link: https://www.econbiz.de/10013291317
Cover Image
Platform intermediation in a market for differentiated products
Galeotti, Andrea; Moraga-González, José Luis - 2008
We study a two-sided market where a platform attracts firms selling differentiated products and buyers interested in those products. In the unique subgame perfect equilibrium of the game, the platform fully internalizes the network externalities present in the market and firms and consumers all...
Persistent link: https://www.econbiz.de/10010275870
Cover Image
Newspapers and advertising: the effects of ad-valorem taxation under duopoly
Kind, Hans Jarle; Schjelderup, Guttorm; Stähler, Frank - 2007
Newspapers are two-sided platforms that sell their product both to readers and advertisers. Media firms in general, and newspapers in particular, are considered important providers of information, culture and language in most countries. Newspapers are therefore given preferential tax treatment....
Persistent link: https://www.econbiz.de/10010264052
Cover Image
Induced Price Leadership and (Counter-)Spying Rivals' Play Under Incomplete Information
Fan, Cuihong - 2019
We analyze spying out a rival’s price in a Bertrand market game with incomplete information. Spying transforms a simultaneous into a robust sequential moves game. We provide conditions for profitable espionage. The spied at firm may attempt to immunize against spying by delaying its pricing...
Persistent link: https://www.econbiz.de/10012892109
Cover Image
Anonymous money, moral sentiments and welfare
Kanniainen, Vesa; Pääkkönen, Jenni - 2004
opportunism and collective values. Shadow markets may, however, enhance consumer welfare by limiting the pricing power of firms …
Persistent link: https://www.econbiz.de/10010261244
Cover Image
Merger without cost advantages
Huck, Steffen; Konrad, Kai A.; Mueller, Wieland - 2005
The seminal paper by Salant, Switzer and Reynolds (1983) showed that merger in a standard Cournot framework with linear demand and linear costs is not profitable unless a large majority of the firms are involved in the merger. However, many strategic aspects matter for firm competition such as...
Persistent link: https://www.econbiz.de/10010261187
Cover Image
Efficiency enhancing taxation in two-sided markets
Kind, Hans Jarle; Koethenbuerger, Marko; Schjelderup, … - 2008
This paper examines the efficient provision of goods in two-sided markets and characterizes optimal specific and ad-valorem taxes. We show that (i) a monopoly may have too high output compared to the social optimum; (ii) output may be reduced by imposing negative value-added taxes (subsidy) or...
Persistent link: https://www.econbiz.de/10010264333
Cover Image
Preferential Trade Liberalization with Endogenous Cartel Discipline : Implications for Welfare and Optimal Trade Policies
Agnosteva, Delina - 2020
the cartel's incentive compatibility constraint (ICC), which links strategically markets that are seemingly unrelated … (PTAs) and show that the indirect effects can give rise to trade diversion. We also characterize the welfare effects of … persistent finding is that, in the absence of appropriate regulation, preferential trade liberalization can be welfare …
Persistent link: https://www.econbiz.de/10012822505
Cover Image
Welfare-Enhancing Trade Unions in an Oligopoly with Excessive Entry
de Pinto, Marco - 2019
Trade unions are often argued to cause allocative inefficiencies and to lower welfare. We analyze whether this … welfare. We find that an increase in the union's bargaining power raises welfare if the (inverse) demand curve is …
Persistent link: https://www.econbiz.de/10012866378