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Platform Competition in Telecommunications
Church, Jeffrey; Gandal, Neil - C.E.P.R. Discussion Papers - 2004
In this Paper we consider the economics of platform competition in telecommunications. Platform competition occurs when … competition in telecommunications include wireless vs. wireline networks, competing wireless options, such as satellite vs …
Persistent link: https://www.econbiz.de/10005666797
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Competition between Exchanges: Lessons from the Battle of the Bund
Cantillon, Estelle; Yin, Pai-Ling - C.E.P.R. Discussion Papers - 2008
In a famous episode of financial history which lasted over eight years, the market for the future on the Bund moved entirely from LIFFE, the incumbent London-based derivatives exchange, to DTB, the entering Frankfurt-based exchange. This paper studies the determinants of traders' exchange...
Persistent link: https://www.econbiz.de/10005792284
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The Media and Advertising: A Tale of Two-Sided Markets
Anderson, Simon P; Gabszewicz, Jean Jaskold - C.E.P.R. Discussion Papers - 2005
programming. Competition for viewers of the demographics most desired by advertisers implies that programming choices will be … too extreme as broadcasters strive to avoid ruinous subscription price competition, but strong advertising demand may lead … to strong competition for viewers and hence minimum differentiation (la pensee unique). Markets (such as newspapers) with …
Persistent link: https://www.econbiz.de/10005124151
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Migration to the Cloud Ecosystem: Ushering in a New Generation of Platform Competition
Fershtman, Chaim; Gandal, Neil - C.E.P.R. Discussion Papers - 2012
.e., PaaS and SaaS services.) In this paper, we examine how several key economic factors will likely affect competition in SaaS …
Persistent link: https://www.econbiz.de/10011083395
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Net Neutrality with Competing Internet Platforms
Bourreau, Marc; Kourandi, Frago; Valletti, Tommaso - C.E.P.R. Discussion Papers - 2014
regime is not always beneficial to the platforms as it can intensify competition for subscribers. As platforms have a …
Persistent link: https://www.econbiz.de/10011083479
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Why every Economist should Learn some Auction Theory
Klemperer, Paul - C.E.P.R. Discussion Papers - 2000
This is a preliminary draft of an Invited Symposium paper for the World Congress of the Econometric Society to be held in Seattle in August 2000. We discuss the strong connections between auction theory and 'standard' economic theory, and argue that auction-theoretic tools and intuitions can...
Persistent link: https://www.econbiz.de/10005792157
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Buying Online: Sequential Decision Making by Shopbot Visitors
Dulleck, Uwe; Hackl, Franz; Weiss, Bernhard; … - C.E.P.R. Discussion Papers - 2008
In this article we propose a two stage procedure to model demand decisions by customers who are balancing several dimensions of a product. We then test our procedure by analyzing the behavior of buyers from an Austrian price comparison site. Although in such a market a consumer will typically...
Persistent link: https://www.econbiz.de/10005504575
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Industrial Policy and Competition
Aghion, Philippe; Dewatripont, Mathias; Du, Liqun; … - C.E.P.R. Discussion Papers - 2011
enterprises for the period 1998 through 2007 to test for complementarity between competition and industrial policy. A main … competition-friendly and therefore more growth-enhancing. …
Persistent link: https://www.econbiz.de/10009359485
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Add-on Pricing, Naive Consumers, and the Hidden Welfare Costs of Education
Kosfeld, Michael; Schüwer, Ulrich - C.E.P.R. Discussion Papers - 2011
Previous research shows that firms shroud high add-on prices in competitive markets with naive consumers leading to inefficiency. We analyze the effects of regulatory intervention via educating naive consumers on equilibrium prices and welfare. Our model allows firms to shroud, unshroud, or...
Persistent link: https://www.econbiz.de/10009367427
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Essential Facility Financing and Market Structure
Caillaud, Bernard; Tirole, Jean - C.E.P.R. Discussion Papers - 2001
to pay more for exclusivity, the higher the demand (the lower the cost), that is precisely when competition yields the …
Persistent link: https://www.econbiz.de/10005662107