G2TT
来源类型Discussion paper
规范类型论文
来源IDDP9397
DP9397 Screening-Based Competition
Thomas Gehrig
发表日期2013-03-17
出版年2013
语种英语
摘要We apply a reduced form representation of product market competition, facilitating an explicit characterization of the equilibrium investments in consumer-specific screening. The effects of market structure on screening incentives depend on the microstructure of the imperfect screening technology and on the characteristics of the pool of consumers. We conduct a welfare analysis, which reveals that the microstructure of the screening technology and the characteristics of the pool of consumers determine whether there are private incentives for overinvestment or underinvestment in screening. Furthermore, we show that the introduction of screening competition amplifies market failures associated with screening investments.
主题Industrial Organization
关键词Imperfect competition Imperfect screening
URLhttps://cepr.org/publications/dp9397
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/538233
推荐引用方式
GB/T 7714
Thomas Gehrig. DP9397 Screening-Based Competition. 2013.
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