{"id":1560,"date":"2023-02-08T08:45:37","date_gmt":"2023-02-08T08:45:37","guid":{"rendered":"https:\/\/qsms.bme.hu\/?p=1560"},"modified":"2023-02-08T08:45:37","modified_gmt":"2023-02-08T08:45:37","slug":"february-10-martin-obradovits-qsms-job-market-seminar","status":"publish","type":"post","link":"https:\/\/qsms.bme.hu\/index.php\/2023\/02\/08\/february-10-martin-obradovits-qsms-job-market-seminar\/","title":{"rendered":"February 10: \u00a0Martin Obradovits\u00a0 (QSMS Job Market Seminar)"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/qsms.bme.hu\/wp-content\/uploads\/2023\/02\/Profilbild2-805x1024.jpg\" alt=\"\" class=\"wp-image-1561\" width=\"252\" height=\"320\" srcset=\"https:\/\/qsms.bme.hu\/wp-content\/uploads\/2023\/02\/Profilbild2-805x1024.jpg 805w, https:\/\/qsms.bme.hu\/wp-content\/uploads\/2023\/02\/Profilbild2-236x300.jpg 236w, https:\/\/qsms.bme.hu\/wp-content\/uploads\/2023\/02\/Profilbild2-768x976.jpg 768w, https:\/\/qsms.bme.hu\/wp-content\/uploads\/2023\/02\/Profilbild2.jpg 1164w\" sizes=\"auto, (max-width: 252px) 85vw, 252px\" \/><\/figure>\n\n\n\n<p>Martin Obradovits (<a rel=\"noreferrer noopener\" href=\"https:\/\/www.google.com\/url?q=https%3A%2F%2Fwww.uibk.ac.at%2Findex.html.en&amp;sa=D&amp;sntz=1&amp;usg=AOvVaw1yPtUiF5pL2ncdL0iprkCS\" target=\"_blank\">University of Innsbruck<\/a>)\u00a0will present his Job Market Paper &#8220;<strong><strong>Competition with List Prices<\/strong><\/strong><em>&#8220;<\/em>  on February 10th at 10 AM, room QA 406 (note the room change).\u00a0One-to-one meetings with the speaker can be arranged; please contact the seminar organizers, Dr. No\u00e9mie Cabau (<a rel=\"noreferrer noopener\" href=\"mailto:cabau.noemie@gtk.bme.hu\" target=\"_blank\">cabau.noemie@gtk.bme.hu<\/a>) and Dr. Arseniy Samsonov(<a rel=\"noreferrer noopener\" href=\"mailto:samsonov.arseniy@gtk.bme.hu\" target=\"_blank\">samsonov.arseniy@gtk.bme.hu<\/a>).\u00a0\u00a0<\/p>\n\n\n\n<p><strong>Abstract:&nbsp;&nbsp;<\/strong>&nbsp;<\/p>\n\n\n\n<p>Retail prices in stores are often lower than widely advertised list prices. We study the competitive role of such list prices in a homogeneous product duopoly where firms first set list prices before setting possibly reduced retail prices. Building on Varian (1980), we assume that some consumers observe no prices, some observe all prices, and some only observe the more salient list prices. We show that when the latter group chooses myopically, firms\u2019 ability to use list prices lowers average transaction prices. This effect is weakened when these consumers are rational. The possibility to use list prices facilitates collusion.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Martin Obradovits (University of Innsbruck)\u00a0will present his Job Market Paper &#8220;Competition with List Prices&#8220; on February 10th at 10 AM, room QA 406 (note the room change).\u00a0One-to-one meetings with the speaker can be arranged; please contact the seminar organizers, Dr. No\u00e9mie Cabau (cabau.noemie@gtk.bme.hu) and Dr. Arseniy Samsonov(samsonov.arseniy@gtk.bme.hu).\u00a0\u00a0 Abstract:&nbsp;&nbsp;&nbsp; Retail prices in stores are often lower &hellip; <a href=\"https:\/\/qsms.bme.hu\/index.php\/2023\/02\/08\/february-10-martin-obradovits-qsms-job-market-seminar\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;February 10: \u00a0Martin Obradovits\u00a0 (QSMS Job Market Seminar)&#8221;<\/span><\/a><\/p>\n","protected":false},"author":12,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22,4,17],"tags":[],"class_list":["post-1560","post","type-post","status-publish","format-standard","hentry","category-event","category-news","category-seminar"],"_links":{"self":[{"href":"https:\/\/qsms.bme.hu\/index.php\/wp-json\/wp\/v2\/posts\/1560","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/qsms.bme.hu\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/qsms.bme.hu\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/qsms.bme.hu\/index.php\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/qsms.bme.hu\/index.php\/wp-json\/wp\/v2\/comments?post=1560"}],"version-history":[{"count":1,"href":"https:\/\/qsms.bme.hu\/index.php\/wp-json\/wp\/v2\/posts\/1560\/revisions"}],"predecessor-version":[{"id":1562,"href":"https:\/\/qsms.bme.hu\/index.php\/wp-json\/wp\/v2\/posts\/1560\/revisions\/1562"}],"wp:attachment":[{"href":"https:\/\/qsms.bme.hu\/index.php\/wp-json\/wp\/v2\/media?parent=1560"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/qsms.bme.hu\/index.php\/wp-json\/wp\/v2\/categories?post=1560"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/qsms.bme.hu\/index.php\/wp-json\/wp\/v2\/tags?post=1560"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}