Author: Eugen KováčPublisher:
ISBN: 9788073441241
Category :
Languages : en
Pages : 51
Book Description
International Competition in Vertically Differentiated Markets with Innovation and Imitation: Trade Policy Versus Free Trade
Author: Eugen KováčPublisher:
ISBN: 9788073441241
Category :
Languages : en
Pages : 51
Book Description
Entry and Innovation in Vertically Differentiated Markets
Author: Dirk BergemannPublisher:
ISBN:
Category : Competition
Languages : en
Pages : 58
Book Description
Product Innovation Under Vertical Differentiation and the Persistence of Monopoly
Author: Publisher:
ISBN:
Category :
Languages : en
Pages :
Book Description
The incentives to innovate for the incumbent and the entrant in a vertically differentiated market are analised, in the absence of uncertainty. It turns out that if consumers marginal willingness to pay for quality is sufficiently low, the efficiency effect observationally works so as to favour innovation by the entrant, i.e., competition. Otherwise, it operates to the advantage of the incumbent who acquire the right to innovate, preempting thus the rival.
Product Line Competition in Vertically Differentiated Markets
Author: G. De FrajaImitation and Price Competition in a Differentiated Market
Author: Abhimanyu KhanPublisher:
ISBN:
Category :
Languages : en
Pages :
Book Description
We study the market outcome that evolves in the long-run when price-setting firms, that compete in a differentiated market, are driven by an imitation dynamic. We find that the prices that can evolve in the long-run depend on the level of market differentiation and on the degree of oversight firms have on market decisions and outcomes. The unique symmetric pure Nash equilibrium price is always supported in the long-run, and it is the unique long-run market outcome for high and low levels of differentiation, when there is no oversight or even with limited oversight on market decisions and outcomes. For intermediate levels of differentiation, in addition to the Nash equilibrium price, there is a set of prices that may emerge in the long-run while these other prices are below Nash equilibrium price when there is almost no oversight on market performances, they are above Nash equilibrium price when the oversight on market performances is more acute.
Digital Transformation
Author: Antonella PetrilloPublisher: BoD – Books on Demand
ISBN: 1803557621
Category : Business & Economics
Languages : en
Pages : 294
Book Description
In the business world, digital transformation involves finding and developing new strategies and modernizing the information technology of private and public companies. This book presents practices, challenges, and opportunities related to digital transformation. It includes fourteen chapters that address digital transformation in a variety of industries, including finance, construction, education, marketing, and more.
Imperfect International Competition in Innovation and Product Markets
Author: Andrew Ronald DickPublisher:
ISBN:
Category : Research, Industrial
Languages : en
Pages : 488
Book Description
Industrial Organisation of High-Technology Markets
Author: Stefano CominoPublisher: Edward Elgar Publishing
ISBN: 1781951993
Category : Business & Economics
Languages : en
Pages : 319
Book Description
This text rigorously blends theory with real-world applications to study the industrial organisation of the ICT sector. Each of the self-contained chapters, which can be studied in isolation, contains theoretical models that are presented in a clear an
The Analysis Of Competition Policy And Sectoral Regulation
Author: Martin PeitzPublisher: World Scientific
ISBN: 9814616370
Category : Business & Economics
Languages : en
Pages : 514
Book Description
This volume contains a selection of papers that were presented at the CRESSE Conferences held in Chania, Crete, from July 6th to 8th, 2012, and in Corfu from July 5th to 7th, 2013. The chapters address current policy issues in competition and regulation. The book contains contributions at the frontier of competition economics and regulation and provides perspectives on recent research findings in the field. Written by experts in their respective fields, the book brings together current thinking on market forces at play in imperfectly competitive industries, how firms use anti-competitive practices to their advantage and how competition policy and regulation can address market failures. It provides an in-depth analysis of various ongoing debates and offers fresh insights in terms of conceptual understanding, empirical findings and policy implications. The book contributes to our understanding of imperfectly competitive markets, anti-competitive practices and competition policy and regulation.
Author: