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The paper analyses the effects of asymmetric competition on food industry with product substitutability by establishing a two-stage dynamic game model. The equilibrium is captured under both the Courn...
We present a market design for an open access wireless market. Open access means that in real time, network capacity cannot be withheld—network throughput is priced dynamically by the marginal dem...
Spectrum auctions are used by governments to assign and price licenses for wireless communications. Effective auction design recognizes the importance of competition, not only in the auction but als...
This paper is provided in connection with the 2007 Telecommunications SymposiumVoice, Video and Broadband: The Changing Competitive Landscape and Its Impact on Consumers, sponsored by the Antitrust ...
This report responds to the Terms of Reference (TOR) attached to the end of this document as an appendix. The objective of the TOR is “to identify an action plan for activities to be undertaken by...
Thank you for the opportunity to speak on retail electricity market design. The primary goal of this process should be to create a retail market infrastructure that enhances rather than detracts fro...
We examine whether men and women of the same ability differ in their selection into a competitive environment. Participants in a laboratory experiment solve a real task, first under a noncompetitive p...
Matching and Price Competition     Matching  Price Competition       2015/7/21
We develop a model in which firms set impersonal salary levels before matching with workers. Wages fall relative to any competitive equilibrium while profits rise almost as much, implyin...
Economists have made important progress in recent years in building quantitative models of the strategic interaction of sellers in markets that are imperfectly competitive. One important type of model...
The field of Industrial Organization (IO) studies the behavior of firms and the interaction among them. In the last 25 years, IO studies have increasingly focused on single industries, us...
However, many have questioned whether press competition is so obviously beneficial. Increased market pressure is sometimes associated with cutbacks in reporting and editorial quality (Zaller, ...
This paper investigates the relationship between product market competition and innovation. We find strong evidence of an inverted-U relationship using panel data. We develop a model where competition...
The relationship between the number of Örms and price competition is a central issue in economics. To explore this relationship, we modify Varianís (1980) model and assume that Örms are priv...
There is a widespread sense that over the last two decades firms have been decentralizing decisions to employees further down the managerial hierarchy. Economists have developed a range of theories to...
This paper examines the effects of multimarket contact on advertising prices in the U.S. radio broadcasting industry. While it is in general difficult to measure the effect of multimarket contact on c...

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