Showing 1 - 10 of 36
This study provides the first empirical test of strategic interactions in the pricing decisions of regulated utilities. Since publicly owned water utilities in Sweden are governed by a cost-of-service regulation, prices in neighboring municipalities should not affect the own price other than...
Persistent link: https://www.econbiz.de/10010818389
dynamic incentives to invest in improving the Quality of Service offered to each content provider. We provide a ranking …
Persistent link: https://www.econbiz.de/10010818542
In this paper we extend models of “search market equilibrium” to incorporate general equilibrium considerations. The model we treat is one with a single product market and a single labor market. Imperfectly informed individuals follow optimal strategies in searching for a suitably low price...
Persistent link: https://www.econbiz.de/10011019047
Private firms may not have efficient incentives to allow third-party producers to access their platform or develop … strategic incentives to shut out third-parties because it relaxes competition. …
Persistent link: https://www.econbiz.de/10005041086
This paper discusses how ICT and emerging electronic commerce in consumer products influence the relative efficiency in production of households and firms, resulting in changes in the division of tasks between these two types of agents. Increased information and competence of households, in...
Persistent link: https://www.econbiz.de/10005082491
This note provides sufficient conditions for immediate agreement in an extensive form model of interdependent bilateral bargaining. The model is suggested by Björnerstedt and Stennek (2006) as a work horse for studying bilateral oligopoly. The key feature of this model is that the firms are...
Persistent link: https://www.econbiz.de/10005771098
This paper discusses how ICT and emerging electronic commerce in consumer products influence the relative efficiency in production of households and firms, resulting in changes in the division of tasks between these two types of agents. Increased information and competence of households, in...
Persistent link: https://www.econbiz.de/10005780384
This paper studies an industry in which firms can choose to provide open or closed platforms. Open platforms, as opposed to closed, are extendable so third-party producers can develop extensions for them. Building on a two-sided market model, I show that firms might prefer to commit to keeping...
Persistent link: https://www.econbiz.de/10005645298
also discuss the incentives of duopolists to collude in setting the fees "on the other side" of the Internet while …
Persistent link: https://www.econbiz.de/10005645362
This paper presents a new approach to the theory of the firm by identifying factor complementarities as central to the determination of the firm's boundaries. The factor complementarities may take a variety of forms: technological and informational complementarities, as well as economies of...
Persistent link: https://www.econbiz.de/10005190627