Showing 1 - 10 of 37
Abstract I model dynamic product design along price and non-price dimensions by a firm in a market with positive …
Persistent link: https://www.econbiz.de/10010934839
This paper studies a "market creating" firm (platform) that offers a matching environment by charging an access fee to … signal of their randomly assigned partner's type and where the informativeness of the signal is controlled by the firm. We …, the profit maximizing firm will over-provide information in relation to the surplus maximizing firm, and the higher the …
Persistent link: https://www.econbiz.de/10009358868
boundaries. What makes public beta testing so attractive to firms? By introducing semi-completed products in the market, the firm … based services. While beta testing of novel products is nothing new, typically such tests were done by experts within firm … strategies like “skimming” or “penetration pricing” with beta launches. This analysis is done for products of branded and …
Persistent link: https://www.econbiz.de/10005760643
We analyze the behavior of start-ups in e-commerce, namely on Austria's leading price-comparison-site, a multi-product environment with almost complete information. We use weekly panel data on price-quotes of digicams, Audio/HiFi-equipment and hardware. We furthermore use advanced estimation...
Persistent link: https://www.econbiz.de/10005459401
The success of the Kindle e-book platform and the increased popularity of e-books among members of the reading community have attracted extensive interest in the high-tech industry. New platform providers are jumping in the market to compete for device and e-book sales. In this paper, we model...
Persistent link: https://www.econbiz.de/10010905457
reduction in the switching cost makes the firms' products more attractive relative to the outside good, which diminishes the … market expansion benefit of making products compatible. As a result, the larger firm is more likely to veto compatibility in … competition is mild and the market is often fragmented, whereas in the latter, there is fierce price competition when firms are of …
Persistent link: https://www.econbiz.de/10010905466
Online platforms, such as Google, Facebook, or Amazon, are constantly expanding their activities, while increasing the overlap in their service offering. In this paper, we study the scope and overlap of online platforms' activities, when they are endogenously determined. We model an expansion...
Persistent link: https://www.econbiz.de/10010905475
This paper considers platform competition in a two-sided market that includes buyers and sellers. One of the platforms benefits from a favorable coordination bias in the market, in that the two sides are more likely to join the advantaged platform. We find that the degree of the coordination...
Persistent link: https://www.econbiz.de/10010905476
We investigate theoretically and empirically the determinants of second-degree price discrimination in two-sided markets. We build a model in which a newspaper must attract both readers and advertisers. Readers are uncertain as to their future benefit from reading, and heterogeneous in their...
Persistent link: https://www.econbiz.de/10010905479
We consider a structural model of demand and supply where firms endogenously offer vertically differentiated products … firm only offers its highest-quality product. We also study the market outcomes such as price, product variety and welfare …
Persistent link: https://www.econbiz.de/10010933639