The WZBResearchPublicationsEventsPressLiterature & Data
Abstract

We study firm conduct in environments in which firms have market power, both theoretically and empirically.  The empirical research focuses on understanding firm behavior in specific industries such as telecommunication, airline industry, semiconductor industry, publishing, and others.  Methodologically, the determinants of firms’ choices are identified through structural or semi-structural modeling.  Theoretical work investigates firms’ conduct in the presence of incomplete information about market fundamentals or imperfect information about rivals’ behavior.  We also investigate whether so-called behavioral approaches to consumer choices are helpful in understanding firms’ pricing decisions.

Main content

Selected Publications

Beck, Jonathan:
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(2006)  The Sales Effect of Word of Mouth: A Model for Creative Goods and Estimates for Novels
WZB Discussion Paper SP II 2006-16
Veröffentlicht in Journal of Cultural Economics, Vol. 31(1), Mar. 2007, pp. 5-23.
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(2004)  Fixed, Focal, Fair?  Book Prices Under Optional Resale Price Maintenance
WZB Discussion Paper SP II 2004-15
 
Beck, Jonathan/Grajek, Michał/Wey, Christian
Hypermarket Competition and the Diffusion of Retail Checkout Barcode Scanning
WZB Discussion Paper  SP II 2005-19
 
Blume, Andreas/Heidhues, Paul:
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(2003)  Private Monitoring in Auctions
WZB Discussion Paper SP II 2003-14
Erscheint in Kürze in the Journal of Economic Theory.
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(2001)  Tacit Collusion in Repeated Auctions
WZB Discussion Paper FS IV 01-23
 
Clougherty, Joseph A.:
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(2005)  The International Drivers of Domestic Airline Mergers in Twenty Nations:  Integrating Industrial Organization and International Business
WZB Discussion Paper SP II 2005-06
Veröffentlicht in Managerial and Decision Economics, Vol. 27(1), Jan./Feb. 2006, pp. 75-93.
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(2004)  Export Orientation and Domestic Merger Policy: Theory and Some Empirical Evidence
WZB Discussion Paper SP II 2004-10
Veröffentlicht in Canadian Journal of Economics, Vol. 38(3), 2005, pp. 778-806.
 
Duso, Tomaso/Jung, Astrid:
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(2003) Product Market Competition and Lobbying Coordination in the U.S. Mobile Telecommunications Industry
WZB Discussion Paper SP II 2003-16
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(2002)  Market Conduct and Endogenous Lobbying:  Evidence from the U.S. Mobile Telecommunications Industry
WZB Discussion Paper FS IV 02-35
 Erscheint in Kürze in the Journal of Industry, Competition and Trade.
 
 Heidhues, Paul/Kőszegi, Botond  (2004):
The Impact of Consumer Loss Aversion on Pricing
WZB Discussion Paper SP II 2004-17

Jansen, Jos (2004):
Partial Information Sharing in Cournot Oligopoly
WZB Discussion Paper SP II 2004-01

Lagerlöf, Johan (2003):
Insisting on a Non-Negative Price: Oligopoly,  Uncertainty, Welfare, and Multiple Equilibria
WZB Discussion Paper  SP II 2003-04

Neven, Damien J./Röller, Lars-Hendrik (1999):
An Aggregate Structural Model of Competition in the European Banking Industry
Veröffentlicht in The Journal of Industrial Organization, Vol. 17(7), 1999, pp. 1059-1074.

Parker, Philip M./Röller, Lars-Hendrik  (1997):
Collusive Conduct in Duopolies: Multimarket Contact and Cross-Ownership in the Mobile Telephone Industry
WZB Discussion Paper FS IV 95-04
Veröffentlicht in the RAND Journal of Economics, Vol. 28(2), 1997, pp. 304-322.

Prantl, Susanne/Almus, Matthias/Egeln, Jürgen/Engel, Dirk
Bankintermediation bei der Kreditvergabe an junge oder kleine Unternehmen
WZB Discussion Paper SP II 2006-21

Röller, Lars-Hendrik/Sickles, Robin C.  (2000):
Capacity and Product Market Competition:  Measuring Market Power in a 'Puppy-Dog' Industry
Veröffentlicht in International Journal of Industrial Organization, Vol. 18(6), 2000, pp. 845-865.

Röller, Lars-Hendrik/Sinclaire-Désgagné (1996):
On the Heterogeneity of Firms. 
Veröffentlicht in European Economic Review, Vol. 40(3-5), 1996, pp. 531-539.

Shy, Oz/Stenbacka, Rune  (2004):
Price Competition, Business Hours, and Shopping Time Flexibility"
WZB Discussion Paper SP II 2004-14.

Siebert, Ralph (1999):
Multiproduct Competition, Learning by Doing and Price-Cost Margins over the Product Life Cycle: Evidence from the DRAM Industry.
WZB Discussion Paper FS IV 99-21.
      
Zhang,  Jianbo/Zhang, Zhentang  (1999):
Asymptotic Efficiency in Stackelberg Markets with Incomplete Information.  
WZB Discussion Paper FS IV 99-07.
Veröffentlicht in  dem M. R. Baye/J. P. Nelson (eds.):  Advances in Applied Microeconomics, Vol. 10.  JAI, 2001, S. 185-202.
    
Zhang, Zhentang  (2001):
Asymptotic Efficiency in Stackelberg Markets with Incomplete Information.  In:  J. P. Nelson/M. Bay (eds.):  Advances in Applied Microeconomics, Volume 10.  JAI Press, pp.     Forthcoming