Equilibrio en un mercado oligopólico con una firma dominante en el mercado de las tarjetas de pago
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Archivos
Fecha
2022
Profesor/a Guía
Facultad/escuela
Idioma
en
Título de la revista
ISSN de la revista
Título del volumen
Editor
Universidad Pablo de Olavide
Nombre de Curso
Licencia CC
Attribution-ShareAlike 4.0 International
CC BY-SA 4.0
Deed
Licencia CC
https://creativecommons.org/licenses/by-sa/4.0/
Resumen
The main aim of this research is to measure the variation of market power exercised by a vertically integrated firm in the market of transactions carried out through payment cards, because of changes given by the entry of competitive firms in the market of purchasing shops, which increase the level of downstream competition in the industry. To achieve this, it is used as a model based on an oligopolistic structure where there is a leading firm and a fringe of competitive firms that compete each other, based on Stackelberg competition. The econometric model estimates indirectly the residual elasticity demand for the period January 2013-May 2020. As a result, the market power is directly related to the market share of the leading firm, equivalent to 1.14% to 114.35%, being the last predominant value in the trading account © 2022, Revista de Metodos Cuantitativos para la Economia y la Empresa. All Rights Reserved.
Notas
Indexación: Scopus.
Palabras clave
Market power, Two-sided market, Vertical integration
Citación
Revista de Metodos Cuantitativos para la Economia y la Empresa, Volume 33, Pages 74 - 92, 2022
DOI
10.46661/revmetodoscuanteconempresa.5567