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BELLEFLAMME, Paul; LAMBERT, Thomas; SCHWIENBACHER, Armin - Center for Operations Research and Econometrics (CORE), … - 2011

The basic idea of crowdfunding is to raise external finance from a large audience (the “crowd”), where each individual … associates crowdfunding with pre-ordering and price discrimination, and studies the conditions under which crowdfunding is … preferred to traditional forms of external funding. Compared to traditional funding, crowdfunding has the advantage of offering …

Persistent link: https://www.econbiz.de/10010610459

Advertising and endogenous exit in a differentiated duopoly

MANTOVANI, Andrea; MION, Giordano - Center for Operations Research and Econometrics (CORE), … - 2003

In this paper we consider a two-stage duopoly game where firms first decide whether to invest in advertising and then compete in prices. Advertising has two effects: a market enlargement for both firms and a predatory gain for the investing firm only. Both symmetric and asymmetric equilibria may...

Persistent link: https://www.econbiz.de/10005008546

The media and advertising : a tale of two-sided markets

ANDERSON, Simon P.; GABSZEWICZ, Jean J. - Center for Operations Research and Econometrics (CORE), … - 2005

Media industries are important drivers of popular culture. A large fraction of leisure time is devoted to radio, magazines, newspapers, the Internet, and television (the illustrative example henceforth). Most advertising expenditures are incurred for these media. They are also mainly supported...

Persistent link: https://www.econbiz.de/10005065286

Does Press Advertising Foster the "Pensee Unique"?.

Gabszewicz, J.J.; Laussel, D.; Sonnac, N. - Center for Operations Research and Econometrics (CORE), … - 2000

The press industry depends in a crucial way on the possibility of financing an important fraction of its activities by advertising receipts. We show that this induces the editors of the newspapers to moderate the political message they display to their readers in order to make their newspaper...

Persistent link: https://www.econbiz.de/10005634020

TV-Broadcasting Competition and Advertising.

Gabszewicz, J.J.; Laussel, D.; Sonnac, N. - Center for Operations Research and Econometrics (CORE), … - 2000

We analyse the rivalry between two TV-channels competing both on the market for audience and the market for advertising. We identify the nature of TV-programs emerging from this competition, and the quantity of advertising that TV-viewers will have to attend at equilibrium. Finally, we examine...

Persistent link: https://www.econbiz.de/10005634073

Cooperative provision of indivisible public goods

dEHEZ, Pierre - Center for Operations Research and Econometrics (CORE), … - 2010

A community faces the obligation of providing an indivisible public good. Each member is capable of providing it at a certain cost and the solution is to rely on the player who can do it at the lowest cost. It is then natural that he or she be compensated by the other players. The question is to...

Persistent link: https://www.econbiz.de/10008642230

How to make the metropolitan area work? Neither big government, nor laissez-faire

GAIGNé, Carl; RIOU, Stéphane; THISSE, Jacques - Center for Operations Research and Econometrics (CORE), … - 2013

We study how political boundaries and tax competition among jurisdictions interact with the labor and land markets to determine the economic structure and performance of metropolitan areas. Contrary to general belief, institutional fragmentation and cross-border commuting need not be...

Persistent link: https://www.econbiz.de/10010735626

Implementing steady state efficiency in overlapping generations economies with environmental externalities

DAO, Nguyen Thang; DAVILA, Julio - Center for Operations Research and Econometrics (CORE), … - 2011

We consider in this paper overlapping generations economies with pollution resulting from both consumption and production. The competitive equilibrium steady state is compared to the optimal steady state from the social planner's viewpoint. We show that the dynamical inefficiency of competitive...

Persistent link: https://www.econbiz.de/10010610458

Household behavior and individual autonomy: An extended Lindahl mechanism

D’ASPREMONT, Claude; DOS SANTOS FERREIRA, Rodolphe - Center for Operations Research and Econometrics (CORE), … - 2012

We present a comprehensive model of household economic decision covering both fully cooperative and non-cooperative cases as well as semi- cooperative cases, varying with income distribution and a parameter vector ÷ representing degrees of individual autonomy with respect to the public goods....

Persistent link: https://www.econbiz.de/10010610477

Tagging with leisure needs

PESTIEAU, Pierre; RACIONERO, Maria - Center for Operations Research and Econometrics (CORE), … - 2010

We study optimal redistributive taxes when individuals differ in two characteristics - earning ability and leisure needs - assumed to be imperfectly correlated. Individuals have private information about their abilities but needs are observable. With two different levels of observable needs the...

Persistent link: https://www.econbiz.de/10008836144