Similar Search Results

Homing choice and platform pricing strategy

Shekhar, Shiva - 2017

(lower) consumer surplus and social welfare when compared with the non-discriminatory regime. …

Persistent link: https://www.econbiz.de/10011630878

Product Market Competition and Predatory Stock Price Manipulation

Matta, Rafael - 2020

We develop a model in which feedback effects from equity markets to firms' access to external finance allow uninformed traders to profit by short selling a firm's stock while going long on its competitors. Because this strategy distorts the investment incentives of the firm targeted by short...

Persistent link: https://www.econbiz.de/10012839910

Fighting collusion by permitting price discrimination

Helfrich, Magdalena; Herweg, Fabian - 2016

We investigate the effect of a ban on third-degree price discrimination on the sustainability of collusion. We build a model with two firms that may be able to discriminate between two consumer groups. Two cases are analyzed: (i) Best-response symmetries so that profits in the static Nash...

Persistent link: https://www.econbiz.de/10011434582

Beyond the uniform distribution : equilibrium prices and qualities in a vertically differentiated duopoly

Benassi, Corrado; Chirco, Alessandra; Colombo, Caterina - 2015

The paper proves the existence of a subgame perfect Nash equilibrium in a vertically differentiated duopoly with …

Persistent link: https://www.econbiz.de/10011713762

Ranking supply function and cournot equilibria in a differentiated product duopoly with demand uncertainty

Sağlam, İsmail - In: Games 9 (2018) 3/60, pp. 1-13

In this paper, we provide a welfare ranking for the equilibria of the supply function and quantity competitions in a … differentiated product duopoly with demand uncertainty. We prove that the expected consumer surplus is always higher under the supply …

Persistent link: https://www.econbiz.de/10011891023

License or entry with vertical differentiation in duopoly

Hattori, Masahiko; Tanaka, Yasuhito - In: Economics and Business Letters : EBL 5 (2016) 1, pp. 17-29

We consider choice of options for a foreign innovating firm to license its technology for producing the high quality good to a domestic firm, or to enter the market of the domestic country with or without license. Under the assumption of uniform distribution about taste parameters of consumers;...

Persistent link: https://www.econbiz.de/10011573193

When do firms exchange information?

Hornig, Stephan O. - 2000

This paper further develops the standard modelling of information exchange between firms in the presence of demand uncertainty which applies to firms in new industries and insecure regions or markets. We replace the normal distribution of the random variables, commonly used because of its...

Persistent link: https://www.econbiz.de/10010305097

Loyalty rewards and monopoly pricing

Ackermann, Philipp - 2010

This article examines the impact of customer reward programs on the competitive outcome in duopolistic markets. We argue that loyalty discounts for repeat customers constitute a commitment device beneficial to suppliers rather than customers. Analyzing a two-period Bertrand model we show that...

Persistent link: https://www.econbiz.de/10010316045

The perpetual trouble with network products : why IT firms choose partial compatibility

Stadler, Manfred; Tobler Trexler, Céline; Unsorg, … - 2021

Compatibility of network products is an important issue in markets for communication technology as well as hard- and … product compatibility. We present a strategic two-stage game of two firms deciding strategically or commonly on the degree of … product compatibility in the first stage and on prices in the second stage. Indeed, partial compatibility constitutes a …

Persistent link: https://www.econbiz.de/10012602284

Two-sided markets with pecuniary and participation externalities

Schmidtke, Richard - 2006

complement. Surprisingly, there exist cases in which platforms benefit from market entry. Moreover, we show that from a welfare …

Persistent link: https://www.econbiz.de/10010439376