Showing 1 - 10 of 14
We consider duopolists innovating and producing a good subject to network externalities, so that the reservation price of a consumer increases with aggregate consumption. The post-innovation network consists of two compatible sub-networks, with increased network valuation of the new product....
Persistent link: https://www.econbiz.de/10005765788
This paper gives an account of events, and explains some systematic reasons of the UMTS auction flop in Switzerland. Apart from general market developments, which could not have been anticipated, we argue that auctiondesign which was introduced in England and adopted in Switzerland and elsewhere...
Persistent link: https://www.econbiz.de/10005766272
The third generation UMTS auction in Germany raised an enormous amount of revenue, and at the same time achieved a more competitive market structure than other UMTS auctions in Europe. The present paper explains the design of that auction, and presents a game theoretic explanation of observed...
Persistent link: https://www.econbiz.de/10005094495
In this paper I review the Dutch UMTS-auction that took place in the summer of 2000 and which, in contrast to the UK and German auctions, was generally considered to be a major flop. I analyse the policy process leading to the auction as well as the bidding behaviour in the auction, and provide...
Persistent link: https://www.econbiz.de/10005051587
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