Results 11 to 20 of about 75,253 (47)
How the Internet Changed the Market for Print Media
Social Science Research Network, 2023 Combining rich data from the Norwegian media market with exogenous variation in the availability and adoption of broadband internet, this paper provides causal evidence on how the internet affected traditional print media.
Manudeep Bhuller +3 more
semanticscholar +1 more source
Product Differentiation and Oligopoly: A Network Approach
Social Science Research NetworkI present a new theory of oligopoly and markups in general equilibrium, based on an innovative, scalable hedonic demand system, which I take to the data for the universe of US public firms.
Bruno Pellegrino
semanticscholar +1 more source
What Can Be Learned from Spatial Economics?
Journal of Economic Literature, 2017 Spatial economics aims to explain why there are peaks and troughs in the spatial distribution of wealth and people, from the international and regional to the urban and local.
S. Proost, Jacques-François Thisse
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Competition, Product Proliferation, and Welfare: A Study of the US Smartphone Market
, 2020 This paper studies (1 ) whether, from a welfare point of view, oligopolistic competition leads to too few or too many products in a market, and (2 ) how a change in competition affects the number and the composition of product offerings. We address these
Ying Fan, Chenyu Yang
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Does Strategic Ability Affect Efficiency? Evidence from Electricity Markets
The American Economic Review, 2017 Oligopoly models of price competition predict that strategic firms exercise market power and generate inefficiencies. However, heterogeneity in firms’ strategic ability also generates inefficiencies.
Ali Hortaçsu +3 more
semanticscholar +1 more source
The Competitive Effects of Transmission Infrastructure in the Indian Electricity Market
American Economic Journal: Microeconomics, 2017 The integration of markets may improve efficiency by lowering costs or reducing local market power. India, seeking to reduce electricity shortages, set up a new power market, in which transmission constraints sharply limit trade between regions.
Nicholas Ryan
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(Mis)Allocation, Market Power, and Global Oil Extraction
The American Economic Review, 2019 We propose an approach to measuring the misallocation of production in a market that compares actual industry cost curves to undistorted (counterfactual ) supply curves.
John Asker +2 more
semanticscholar +1 more source
A Theory of Monopolistic Competition with Horizontally Heterogeneous Consumers
Social Science Research NetworkOur novel approach to modeling monopolistic competition with heterogeneous firms and consumers involves spatial product differentiation, in either a geographical space or a space of characteristics.
S. Kokovin +3 more
semanticscholar +1 more source
Price Discrimination and Bargaining: Empirical Evidence from Medical Devices
, 2012 Matthew Grennan
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Monopsony in the US Labor Market
The American Economic Review, 2022This paper quantifies employer market power in US manufacturing and how it has changed over time. Using administrative data, we estimate plant-level markdowns—the ratio between a plant’s marginal revenue product of labor and its wage.
Chen Yeh +2 more
semanticscholar +1 more source