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Economically the net neutrality debate focuses on the question whether services of different quality should be subject to price discrimination. The debate strongly affects the interaction between the players that are involved in the provision of online content. The authors analyse this...
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We present a framework and empirical estimates that quantify the economic impact of increased product variety made available through electronic markets. While efficiency gains from increased competition significantly enhance consumer surplus, for instance, by leading to lower average selling...
Persistent link: https://www.econbiz.de/10009208976
Many markets have historically been dominated by a small number of best-selling products. The Pareto principle, also known as the 80/20 rule, describes this common pattern of sales concentration. However, information technology in general and Internet markets in particular have the potential to...
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