Showing 1 - 10 of 95
side" of the market) increases total industry surplus compared to the fully private optimum at which the monopoly platform …
Persistent link: https://www.econbiz.de/10005645362
No abstract.
Persistent link: https://www.econbiz.de/10010684502
' signaling-driven investment, despite the risk of buying a bad innovation. We finally show at what point the presence of active …
Persistent link: https://www.econbiz.de/10005419514
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
variations in Quality of Service and no price discrimination; (ii) variations in Quality of Service but no price discrimination …; (iii) variations in Quality of Service and price discrimination but no exclusive contracts; and (iv) no regulation: the … 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
Media firms sometimes allow consumers to pay to remove advertisements from an advertisement-based product. We formally examine an ad-based monopolist's incentives to introduce this option. When deciding whether to introduce the option to pay, the monopolist compares the potential direct revenues...
Persistent link: https://www.econbiz.de/10005025456
No abstract.
Persistent link: https://www.econbiz.de/10010684480
This paper examines the evolution of a skew distribution of firm sizes from the viewpoit of the "Bounds" approach to market structure. It confines attention to the role played by non-strategic factors (statistical independence, and cost side eddects). A model is proposed, which leads toa...
Persistent link: https://www.econbiz.de/10005639299
This paper examines the evolution of a skew distribution of firm sizes from the viewpoint of the 'Bounds' approach to market structure. It confines attention to the role played by non-strategic factors (statistical independence, and cost side effects). A model is proposed, which leads to a...
Persistent link: https://www.econbiz.de/10010818311
This paper analyses simultaneous regulation of cost and quality when firms have private, correlated information about … productivity and the regulator receives a signal about quality. It is shown that managerial effort and expenditures on quality are … positively correlated in the optimal contract. The higher is firm productivity the more should the firm spend on quality …
Persistent link: https://www.econbiz.de/10005419539