Sequential entry and merger in spatial price discrimination View Full Text


Ontology type: schema:ScholarlyArticle     


Article Info

DATE

2013-06

AUTHORS

John S. Heywood, Guangliang Ye

ABSTRACT

This paper newly introduces sequential entry into previous models of spatial price discrimination that examine location choices made in anticipation of a potential merger. While merger with simultaneous entry routinely reduces social welfare, we show that mergers frequently improve welfare. The extent of welfare improving mergers varies inversely with the timing advantage of an excluded rival. When the rival locates alone in the first stage, the merger harms welfare. When the rival locates alone in the last stage, the merger improves welfare. These results hold true when allocating three firms across either two or three location stages. Thus, allowing staged entry dramatically alters and often reverses the conclusion previously drawn on the basis of simultaneous entry. More... »

PAGES

841-859

References to SciGraph publications

  • 2004-12. Merger, Partial Collusion and Relocation in JOURNAL OF ECONOMICS
  • Identifiers

    URI

    http://scigraph.springernature.com/pub.10.1007/s00168-012-0516-2

    DOI

    http://dx.doi.org/10.1007/s00168-012-0516-2

    DIMENSIONS

    https://app.dimensions.ai/details/publication/pub.1041609533


    Indexing Status Check whether this publication has been indexed by Scopus and Web Of Science using the SN Indexing Status Tool
    Incoming Citations Browse incoming citations for this publication using opencitations.net

    JSON-LD is the canonical representation for SciGraph data.

    TIP: You can open this SciGraph record using an external JSON-LD service: JSON-LD Playground Google SDTT

    [
      {
        "@context": "https://springernature.github.io/scigraph/jsonld/sgcontext.json", 
        "about": [
          {
            "id": "http://purl.org/au-research/vocabulary/anzsrc-for/2008/1402", 
            "inDefinedTermSet": "http://purl.org/au-research/vocabulary/anzsrc-for/2008/", 
            "name": "Applied Economics", 
            "type": "DefinedTerm"
          }, 
          {
            "id": "http://purl.org/au-research/vocabulary/anzsrc-for/2008/14", 
            "inDefinedTermSet": "http://purl.org/au-research/vocabulary/anzsrc-for/2008/", 
            "name": "Economics", 
            "type": "DefinedTerm"
          }
        ], 
        "author": [
          {
            "affiliation": {
              "alternateName": "University of Wisconsin\u2013Milwaukee", 
              "id": "https://www.grid.ac/institutes/grid.267468.9", 
              "name": [
                "Department of Economics, Bolton Hall, University of Wisconsin-Milwaukee, 3210 Maryland Avenue, 53211, Milwaukee, WI, USA"
              ], 
              "type": "Organization"
            }, 
            "familyName": "Heywood", 
            "givenName": "John S.", 
            "id": "sg:person.012702461657.04", 
            "sameAs": [
              "https://app.dimensions.ai/discover/publication?and_facet_researcher=ur.012702461657.04"
            ], 
            "type": "Person"
          }, 
          {
            "affiliation": {
              "alternateName": "Renmin University of China", 
              "id": "https://www.grid.ac/institutes/grid.24539.39", 
              "name": [
                "Hanqing Advanced Institute of Economics and Finance, School of Economics, Renmin University of China, 59 Zhongguancun Street, 100872, Beijing, P. R. China"
              ], 
              "type": "Organization"
            }, 
            "familyName": "Ye", 
            "givenName": "Guangliang", 
            "id": "sg:person.07713070426.17", 
            "sameAs": [
              "https://app.dimensions.ai/discover/publication?and_facet_researcher=ur.07713070426.17"
            ], 
            "type": "Person"
          }
        ], 
        "citation": [
          {
            "id": "https://doi.org/10.1111/j.1756-2171.2007.tb00052.x", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1000176364"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.1016/0165-1765(92)90038-z", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1000412027"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.1016/0166-0462(93)02035-2", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1021708908"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.1111/j.1465-7295.2008.00134.x", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1029262510"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.1111/j.1465-7295.2008.00134.x", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1029262510"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "sg:pub.10.1007/s00712-004-0091-9", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1033160151", 
              "https://doi.org/10.1007/s00712-004-0091-9"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "sg:pub.10.1007/s00712-004-0091-9", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1033160151", 
              "https://doi.org/10.1007/s00712-004-0091-9"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.1016/s0166-0462(00)00044-2", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1038868638"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.1111/j.1467-9957.2007.01013.x", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1038971576"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.1093/ei/cbh043", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1042248960"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.1111/j.1435-5957.2010.00338.x", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1050378559"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.2307/1061096", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1069375099"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.2307/1061457", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1069375425"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.2307/136038", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1069445586"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.2307/1885620", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1069626570"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.2307/1911311", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1069639503"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.2307/2552945", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1069989063"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.2307/2950528", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1070145653"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.2307/3003293", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1102602375"
            ], 
            "type": "CreativeWork"
          }
        ], 
        "datePublished": "2013-06", 
        "datePublishedReg": "2013-06-01", 
        "description": "This paper newly introduces sequential entry into previous models of spatial price discrimination that examine location choices made in anticipation of a potential merger. While merger with simultaneous entry routinely reduces social welfare, we show that mergers frequently improve welfare. The extent of welfare improving mergers varies inversely with the timing advantage of an excluded rival. When the rival locates alone in the first stage, the merger harms welfare. When the rival locates alone in the last stage, the merger improves welfare. These results hold true when allocating three firms across either two or three location stages. Thus, allowing staged entry dramatically alters and often reverses the conclusion previously drawn on the basis of simultaneous entry.", 
        "genre": "research_article", 
        "id": "sg:pub.10.1007/s00168-012-0516-2", 
        "inLanguage": [
          "en"
        ], 
        "isAccessibleForFree": false, 
        "isPartOf": [
          {
            "id": "sg:journal.1027322", 
            "issn": [
              "0570-1864", 
              "1432-0592"
            ], 
            "name": "The Annals of Regional Science", 
            "type": "Periodical"
          }, 
          {
            "issueNumber": "3", 
            "type": "PublicationIssue"
          }, 
          {
            "type": "PublicationVolume", 
            "volumeNumber": "50"
          }
        ], 
        "name": "Sequential entry and merger in spatial price discrimination", 
        "pagination": "841-859", 
        "productId": [
          {
            "name": "readcube_id", 
            "type": "PropertyValue", 
            "value": [
              "c6369f597c714cffb4d8447c78b5738121eea188a72f3d7be03fb4bcc2a60367"
            ]
          }, 
          {
            "name": "doi", 
            "type": "PropertyValue", 
            "value": [
              "10.1007/s00168-012-0516-2"
            ]
          }, 
          {
            "name": "dimensions_id", 
            "type": "PropertyValue", 
            "value": [
              "pub.1041609533"
            ]
          }
        ], 
        "sameAs": [
          "https://doi.org/10.1007/s00168-012-0516-2", 
          "https://app.dimensions.ai/details/publication/pub.1041609533"
        ], 
        "sdDataset": "articles", 
        "sdDatePublished": "2019-04-10T23:19", 
        "sdLicense": "https://scigraph.springernature.com/explorer/license/", 
        "sdPublisher": {
          "name": "Springer Nature - SN SciGraph project", 
          "type": "Organization"
        }, 
        "sdSource": "s3://com-uberresearch-data-dimensions-target-20181106-alternative/cleanup/v134/2549eaecd7973599484d7c17b260dba0a4ecb94b/merge/v9/a6c9fde33151104705d4d7ff012ea9563521a3ce/jats-lookup/v90/0000000001_0000000264/records_8693_00000490.jsonl", 
        "type": "ScholarlyArticle", 
        "url": "http://link.springer.com/10.1007/s00168-012-0516-2"
      }
    ]
     

    Download the RDF metadata as:  json-ld nt turtle xml License info

    HOW TO GET THIS DATA PROGRAMMATICALLY:

    JSON-LD is a popular format for linked data which is fully compatible with JSON.

    curl -H 'Accept: application/ld+json' 'https://scigraph.springernature.com/pub.10.1007/s00168-012-0516-2'

    N-Triples is a line-based linked data format ideal for batch operations.

    curl -H 'Accept: application/n-triples' 'https://scigraph.springernature.com/pub.10.1007/s00168-012-0516-2'

    Turtle is a human-readable linked data format.

    curl -H 'Accept: text/turtle' 'https://scigraph.springernature.com/pub.10.1007/s00168-012-0516-2'

    RDF/XML is a standard XML format for linked data.

    curl -H 'Accept: application/rdf+xml' 'https://scigraph.springernature.com/pub.10.1007/s00168-012-0516-2'


     

    This table displays all metadata directly associated to this object as RDF triples.

    123 TRIPLES      21 PREDICATES      44 URIs      19 LITERALS      7 BLANK NODES

    Subject Predicate Object
    1 sg:pub.10.1007/s00168-012-0516-2 schema:about anzsrc-for:14
    2 anzsrc-for:1402
    3 schema:author N1c5dca4d070840fcb2ad46070c4e5e5f
    4 schema:citation sg:pub.10.1007/s00712-004-0091-9
    5 https://doi.org/10.1016/0165-1765(92)90038-z
    6 https://doi.org/10.1016/0166-0462(93)02035-2
    7 https://doi.org/10.1016/s0166-0462(00)00044-2
    8 https://doi.org/10.1093/ei/cbh043
    9 https://doi.org/10.1111/j.1435-5957.2010.00338.x
    10 https://doi.org/10.1111/j.1465-7295.2008.00134.x
    11 https://doi.org/10.1111/j.1467-9957.2007.01013.x
    12 https://doi.org/10.1111/j.1756-2171.2007.tb00052.x
    13 https://doi.org/10.2307/1061096
    14 https://doi.org/10.2307/1061457
    15 https://doi.org/10.2307/136038
    16 https://doi.org/10.2307/1885620
    17 https://doi.org/10.2307/1911311
    18 https://doi.org/10.2307/2552945
    19 https://doi.org/10.2307/2950528
    20 https://doi.org/10.2307/3003293
    21 schema:datePublished 2013-06
    22 schema:datePublishedReg 2013-06-01
    23 schema:description This paper newly introduces sequential entry into previous models of spatial price discrimination that examine location choices made in anticipation of a potential merger. While merger with simultaneous entry routinely reduces social welfare, we show that mergers frequently improve welfare. The extent of welfare improving mergers varies inversely with the timing advantage of an excluded rival. When the rival locates alone in the first stage, the merger harms welfare. When the rival locates alone in the last stage, the merger improves welfare. These results hold true when allocating three firms across either two or three location stages. Thus, allowing staged entry dramatically alters and often reverses the conclusion previously drawn on the basis of simultaneous entry.
    24 schema:genre research_article
    25 schema:inLanguage en
    26 schema:isAccessibleForFree false
    27 schema:isPartOf N58f5128376a04e5cb77a433c93022c31
    28 Nc3a21144d3a947a7bda00cb1637f76ad
    29 sg:journal.1027322
    30 schema:name Sequential entry and merger in spatial price discrimination
    31 schema:pagination 841-859
    32 schema:productId N98d953f4e99449538bebe58e34a93411
    33 Nadd7e4c6a2a24fad8f5c58f7eee79b14
    34 Nebee54bfc3184ff09d7d466eb14435a0
    35 schema:sameAs https://app.dimensions.ai/details/publication/pub.1041609533
    36 https://doi.org/10.1007/s00168-012-0516-2
    37 schema:sdDatePublished 2019-04-10T23:19
    38 schema:sdLicense https://scigraph.springernature.com/explorer/license/
    39 schema:sdPublisher Nb7a5961b55ed4b95b664a3d10278878c
    40 schema:url http://link.springer.com/10.1007/s00168-012-0516-2
    41 sgo:license sg:explorer/license/
    42 sgo:sdDataset articles
    43 rdf:type schema:ScholarlyArticle
    44 N1c5dca4d070840fcb2ad46070c4e5e5f rdf:first sg:person.012702461657.04
    45 rdf:rest N964dd964db6a4c03b70222734545b31f
    46 N58f5128376a04e5cb77a433c93022c31 schema:volumeNumber 50
    47 rdf:type schema:PublicationVolume
    48 N964dd964db6a4c03b70222734545b31f rdf:first sg:person.07713070426.17
    49 rdf:rest rdf:nil
    50 N98d953f4e99449538bebe58e34a93411 schema:name readcube_id
    51 schema:value c6369f597c714cffb4d8447c78b5738121eea188a72f3d7be03fb4bcc2a60367
    52 rdf:type schema:PropertyValue
    53 Nadd7e4c6a2a24fad8f5c58f7eee79b14 schema:name dimensions_id
    54 schema:value pub.1041609533
    55 rdf:type schema:PropertyValue
    56 Nb7a5961b55ed4b95b664a3d10278878c schema:name Springer Nature - SN SciGraph project
    57 rdf:type schema:Organization
    58 Nc3a21144d3a947a7bda00cb1637f76ad schema:issueNumber 3
    59 rdf:type schema:PublicationIssue
    60 Nebee54bfc3184ff09d7d466eb14435a0 schema:name doi
    61 schema:value 10.1007/s00168-012-0516-2
    62 rdf:type schema:PropertyValue
    63 anzsrc-for:14 schema:inDefinedTermSet anzsrc-for:
    64 schema:name Economics
    65 rdf:type schema:DefinedTerm
    66 anzsrc-for:1402 schema:inDefinedTermSet anzsrc-for:
    67 schema:name Applied Economics
    68 rdf:type schema:DefinedTerm
    69 sg:journal.1027322 schema:issn 0570-1864
    70 1432-0592
    71 schema:name The Annals of Regional Science
    72 rdf:type schema:Periodical
    73 sg:person.012702461657.04 schema:affiliation https://www.grid.ac/institutes/grid.267468.9
    74 schema:familyName Heywood
    75 schema:givenName John S.
    76 schema:sameAs https://app.dimensions.ai/discover/publication?and_facet_researcher=ur.012702461657.04
    77 rdf:type schema:Person
    78 sg:person.07713070426.17 schema:affiliation https://www.grid.ac/institutes/grid.24539.39
    79 schema:familyName Ye
    80 schema:givenName Guangliang
    81 schema:sameAs https://app.dimensions.ai/discover/publication?and_facet_researcher=ur.07713070426.17
    82 rdf:type schema:Person
    83 sg:pub.10.1007/s00712-004-0091-9 schema:sameAs https://app.dimensions.ai/details/publication/pub.1033160151
    84 https://doi.org/10.1007/s00712-004-0091-9
    85 rdf:type schema:CreativeWork
    86 https://doi.org/10.1016/0165-1765(92)90038-z schema:sameAs https://app.dimensions.ai/details/publication/pub.1000412027
    87 rdf:type schema:CreativeWork
    88 https://doi.org/10.1016/0166-0462(93)02035-2 schema:sameAs https://app.dimensions.ai/details/publication/pub.1021708908
    89 rdf:type schema:CreativeWork
    90 https://doi.org/10.1016/s0166-0462(00)00044-2 schema:sameAs https://app.dimensions.ai/details/publication/pub.1038868638
    91 rdf:type schema:CreativeWork
    92 https://doi.org/10.1093/ei/cbh043 schema:sameAs https://app.dimensions.ai/details/publication/pub.1042248960
    93 rdf:type schema:CreativeWork
    94 https://doi.org/10.1111/j.1435-5957.2010.00338.x schema:sameAs https://app.dimensions.ai/details/publication/pub.1050378559
    95 rdf:type schema:CreativeWork
    96 https://doi.org/10.1111/j.1465-7295.2008.00134.x schema:sameAs https://app.dimensions.ai/details/publication/pub.1029262510
    97 rdf:type schema:CreativeWork
    98 https://doi.org/10.1111/j.1467-9957.2007.01013.x schema:sameAs https://app.dimensions.ai/details/publication/pub.1038971576
    99 rdf:type schema:CreativeWork
    100 https://doi.org/10.1111/j.1756-2171.2007.tb00052.x schema:sameAs https://app.dimensions.ai/details/publication/pub.1000176364
    101 rdf:type schema:CreativeWork
    102 https://doi.org/10.2307/1061096 schema:sameAs https://app.dimensions.ai/details/publication/pub.1069375099
    103 rdf:type schema:CreativeWork
    104 https://doi.org/10.2307/1061457 schema:sameAs https://app.dimensions.ai/details/publication/pub.1069375425
    105 rdf:type schema:CreativeWork
    106 https://doi.org/10.2307/136038 schema:sameAs https://app.dimensions.ai/details/publication/pub.1069445586
    107 rdf:type schema:CreativeWork
    108 https://doi.org/10.2307/1885620 schema:sameAs https://app.dimensions.ai/details/publication/pub.1069626570
    109 rdf:type schema:CreativeWork
    110 https://doi.org/10.2307/1911311 schema:sameAs https://app.dimensions.ai/details/publication/pub.1069639503
    111 rdf:type schema:CreativeWork
    112 https://doi.org/10.2307/2552945 schema:sameAs https://app.dimensions.ai/details/publication/pub.1069989063
    113 rdf:type schema:CreativeWork
    114 https://doi.org/10.2307/2950528 schema:sameAs https://app.dimensions.ai/details/publication/pub.1070145653
    115 rdf:type schema:CreativeWork
    116 https://doi.org/10.2307/3003293 schema:sameAs https://app.dimensions.ai/details/publication/pub.1102602375
    117 rdf:type schema:CreativeWork
    118 https://www.grid.ac/institutes/grid.24539.39 schema:alternateName Renmin University of China
    119 schema:name Hanqing Advanced Institute of Economics and Finance, School of Economics, Renmin University of China, 59 Zhongguancun Street, 100872, Beijing, P. R. China
    120 rdf:type schema:Organization
    121 https://www.grid.ac/institutes/grid.267468.9 schema:alternateName University of Wisconsin–Milwaukee
    122 schema:name Department of Economics, Bolton Hall, University of Wisconsin-Milwaukee, 3210 Maryland Avenue, 53211, Milwaukee, WI, USA
    123 rdf:type schema:Organization
     




    Preview window. Press ESC to close (or click here)


    ...