Showing 1 - 10 of 12
The paper examines episodes of current account adjustment in individual economies. A central finding is that these episodes are very divergent and can be usefully classified, on the basis of cluster analysis, in three groups. A majority of cases is characterised by internal adjustment,...
Persistent link: https://www.econbiz.de/10005094201
We investigate private and social incentives for standardization to ensure market-wide system compatibility in a two … conflict of interest between consumers and producers over the standardization decision. Consumers prefer standardization with …
Persistent link: https://www.econbiz.de/10010948871
This paper analyses the effect of information disseminated by the Internet on voting behavior. We address endogeneity … in Internet availability by exploiting regional and technological peculiarities of the preexisting voice telephony … network that hinder the roll-out of fixed-line broadband infrastructure for high-speed Internet. We find small negative …
Persistent link: https://www.econbiz.de/10010551013
This article reviews recent theoretical contributions on digital piracy. It starts by elaborating on the reasons for intellectual property protection, by reporting a few facts about copyright protection, and by examining reasons to become a digital pirate. Next, it provides an exploration of the...
Persistent link: https://www.econbiz.de/10008727287
Persistent link: https://www.econbiz.de/10005765667
The tensions between books and book markets as expressions of culture and books as products in profit-making businesses are analysed and insights from the theory of industrial organisation are given. Governments intervene in the market for books through laws concerning prices of books, grants...
Persistent link: https://www.econbiz.de/10005766082
In this guide, we discuss the impact of digitalization on the music industry. We rely on market and survey data at the international level as well as expert statements from the industry. The guide investigates recent developments in legal and technological protection of digital music and...
Persistent link: https://www.econbiz.de/10005766225
Digital products have the property that they can be copied almost costlessly. This makes them candidates for non-commercial copying by final consumers. Because the copy of a copy typically does not deteriorate in quality, copying products can become a wide-spread phenomenon – this can be...
Persistent link: https://www.econbiz.de/10005094277
We explain the recent events in the German market for online access using a model of a regulated monopoly renting phone lines to retailers. Retailers offer either a linear or a flat tariff to consumers. Consumer heterogeneity leads to adverse selectiion. We show why market entry for flatrate...
Persistent link: https://www.econbiz.de/10005094480
This paper investigates the effects on tacit collusion of increased market transparency on the consumer side of a market in a differentiated Hotelling duopoly. Increasing market transparency increases the benefits to a firm from underbutting the collusive price. It also decreases the punishment...
Persistent link: https://www.econbiz.de/10005051568