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Platform Competition with Endogenous Multihoming

Roson, Roberto - Fondazione ENI Enrico Mattei (FEEM) - 2005

A model of two-sided market (for credit cards) is introduced and discussed. In this model, agents can join none, one, or more than one platform (multihoming), depending on access prices and the choices made by agents on the opposite market side. Although emerging multihoming patterns are,...

Persistent link: https://www.econbiz.de/10005570366

The Role of Standards in Eco-innovation: Lessons for Policymakers

Vollebergh, Herman R.J.; Werf, Edwin van der - Fondazione ENI Enrico Mattei (FEEM) - 2013

This paper aims to help policy makers identify how standards can contribute to the effective and cost … discuss what standards are, how the process of standardization works, and how standards are related to induced innovation and …-saving technologies. This broad perspective enables us to identify interesting economic dimensions of standards, such as their …

Persistent link: https://www.econbiz.de/10010701059

Price Competition with Information Disparities in a Vertically Differentiated Duopoly

Cavaliere, Alberto - Fondazione ENI Enrico Mattei (FEEM) - 2004

In this paper we extend the model of vertical product differentiation to also consider information disparities about the extent of quality differences. Equilibrium prices turn out to depend not only on the share of informed consumers but also on uninformed consumers beliefs about quality...

Persistent link: https://www.econbiz.de/10005385350

Why do Firms Hold Oil Stockpiles?

Mason, Charles F. - Fondazione ENI Enrico Mattei (FEEM) - 2011

Persistent and significant privately-held stockpiles of crude oil have long been an important empirical regularity in the United States. Such stockpiles would not rationally be held in a traditional Hotelling-style model. How then can the existence of these inventories be explained? In the...

Persistent link: https://www.econbiz.de/10009421250

Investments in Quality, Collective Reputation and Information Acquisition

Fontini, Fulvio; Millock, Katrin; Moretto, Michele - Fondazione ENI Enrico Mattei (FEEM) - 2013

In many cases consumers cannot observe firms’ investment in quality or safety, but have only beliefs on the average quality of the industry. In addition, the outcome of the collective investment game of the firms may be stochastic since firms cannot control perfectly the technology or external...

Persistent link: https://www.econbiz.de/10010833913

A Theory of Strategic Diffusion

Goyal, Sanjeev; Galeotti, Andrea - Fondazione ENI Enrico Mattei (FEEM) - 2007

The important role of friends, neighbors and colleagues in shaping individual choices has been brought out in a number of studies over the years. The presence of significant ‘local’ influence in shaping individual behavior suggests that firms, governments and developmental agencies should...

Persistent link: https://www.econbiz.de/10005423135

Contracting for Impure Public Goods: Carbon Offsets and Additionality

Mason, Charles F.; Plantinga, Andrew J. - Fondazione ENI Enrico Mattei (FEEM) - 2011

Governments contracting with private agents for the provision of an impure public good must contend with agents who would potentially supply the good absent any payments. This additionality problem is centrally important in the use of carbon offsets as part of climate change mitigation....

Persistent link: https://www.econbiz.de/10008853073

Intellectual Property Rights and Entry into a Foreign Market: FDI vs. Joint Ventures

Naghavi, Alireza; Leahy, Dermot - Fondazione ENI Enrico Mattei (FEEM) - 2006

We study the effect of the intellectual property rights (IPR) regime of a host country (South) on a multinational's decision between serving a market via greenfield foreign direct investment to avoid the exposure of its technology or entering a joint venture (JV) with a local firm, which allows...

Persistent link: https://www.econbiz.de/10005385397

Notes on the Determinants of Innovation: A Multi-Perspective Analysis

Crespi, Francesco - Fondazione ENI Enrico Mattei (FEEM) - 2004

The study of innovation and technological change is an increasing field of economic enquire because innovation can be considered a major engine of growth. This paper is concerned with the determinants of innovation and technological change. Different theoretical approaches present in the...

Persistent link: https://www.econbiz.de/10005385464

Intellectual Property Rights and Biotechnology: How to Improve the Present Patent System

Musu, Ignazio - Fondazione ENI Enrico Mattei (FEEM) - 2005

This paper discusses the problems related to assigning or denying intellectual property rights to biotechnological innovation, with particular reference to agro-biotechnologies and the relations between developed and developing countries. There are two types of problems to consider. First, the...

Persistent link: https://www.econbiz.de/10005385494