All Outputs (3)

An Asymmetric Duopoly Model of Price Framing (2018)
Journal Article
Chioveanu, I. (2019). An Asymmetric Duopoly Model of Price Framing. BE Journal of Theoretical Economics, 19(2), https://doi.org/10.1515/bejte-2018-0068

This note considers an asymmetric duopoly model of price-frame competition in homogeneous product markets. The firms choose simultaneously prices and price formats, and frame differentiation limits price comparability leading to consumer confusion. H... Read More about An Asymmetric Duopoly Model of Price Framing.

Wholesale Price Discrimination: Innovation Incentives and Upstream Competition (2018)
Journal Article
Akgun, U., & Chioveanu, I. (2019). Wholesale Price Discrimination: Innovation Incentives and Upstream Competition. Journal of Economics and Management Strategy, 28(3), 510-519. https://doi.org/10.1111/jems.12284

In intermediate good markets where there are alternative supply sources, wholesale price discrimination may enhance innovation incentives downstream. We consider a vertical chain where a dominant …rm and a competitive fringe supply imperfect substitu... Read More about Wholesale Price Discrimination: Innovation Incentives and Upstream Competition.

Pro-Consumer Price Ceilings under Regulatory Uncertainty (2018)
Journal Article
Bennett, J., & Chioveanu, I. (2019). Pro-Consumer Price Ceilings under Regulatory Uncertainty. Scandinavian Journal of Economics, 121(4), 1757-1784. https://doi.org/10.1111/sjoe.12298

We examine optimal price ceilings when the regulator is uncertain about demand and maximizes expected consumer surplus. With perfect competition, large enough regulatory uncertainty calls for softer intervention, with the price ceiling set at a relat... Read More about Pro-Consumer Price Ceilings under Regulatory Uncertainty.