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I study the influence of minimum quality standards in a partial-equilibrium model of vertical product differentiation and trade in which duopolistic firms face quality-dependent costs and compete in quality and price in two segmented markets. Three alternative standard setting arrangements are...
Persistent link: https://www.econbiz.de/10005097761
In a model of vertical product differentiation, duopolistic firms face qualitydependent costs and compete in quality and price in two segmented markets. Minimum quality standards, set according to the principle of Mutual Recognition, can be used to increase welfare. The results of the one-shot...
Persistent link: https://www.econbiz.de/10005098227
groups affected by such conspiracies is largely unresolved. This article narrows the research gap with respect to suppliers … to a downstream price cartel. First, we show that such suppliers incur losses driven by a direct quantity, a price and a … cost effect. We then analyze whether suppliers are entitled to claim these losses as damages in the two leading competition …
Persistent link: https://www.econbiz.de/10010957625
groups affected by such conspiracies is largely unresolved. This article narrows the research gap with respect to suppliers … to a downstream price cartel. First, we show that such suppliers incur losses driven by a direct quantity, a price and a … cost effect. We then analyze whether suppliers are entitled to claim these losses as damages in the two leading competition …
Persistent link: https://www.econbiz.de/10010957730
We explore the determinants and effects of trust relationships between upstream suppliers and downstream producers … reflected in the buyer's choice of a more competitive procurement strategy among potential suppliers. …
Persistent link: https://www.econbiz.de/10009646604
probably the most important one: suppliers to a downstream sellers' cartel. The paper shows graphically and analytically that … cartel suppliers are negatively affected by the conspiracy depending on three effects: a direct quantity, a price and a cost … effect. The article then examines whether suppliers are entitled to claim ensuing losses as damages in the US and the EU …
Persistent link: https://www.econbiz.de/10011139792
We examine the scope and value of targeted advertising in the magazine industry. We use data on reader characteristics at individual media, in contrast to previous work that has needed to infer this information from aggregate data. Our results show a strong relationship between subscriber...
Persistent link: https://www.econbiz.de/10008694118
Peer influence through word-of-mouth (WOM) plays an important role in many information systems but identification of causal effects is challenging. We identify causal WOM effects in the empirical setting of game adoption in a social network for gamers by exploiting differences in individuals'...
Persistent link: https://www.econbiz.de/10011139791
This article analyzes how the perceived effectiveness of intellectual property protection and competitive pressure affect firms' innovation strategy choices, concretely, whether to abstain from innovation, to introduce products that are known in the market but new to the firm (imitation) or to...
Persistent link: https://www.econbiz.de/10010957641
We use consumer panel data to calculate the damage suffered by German consumers due to a detergent cartel that was active between 2002 and 2005 in eight European countries. Applying before-and-after and difference-in-differences estimations we find average overcharges between 6.7 and 6.9 percent...
Persistent link: https://www.econbiz.de/10010957676