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The Internet has drastically altered the nature of competition in the news industry. This article develops a model of price and quality competition between firms in the online news industry. In equilibrium, firms randomise in their pricing strategies and this generates the cross- sectional...
Persistent link: https://www.econbiz.de/10009352208
Theories of multi-sided markets suggest that a platform’s pricing strategies on different sides of the market are closely linked, and in particular, an increase in competition on one side may lead to an increase in price on other sides. We empirically examine platforms’ pricing strategies by...
Persistent link: https://www.econbiz.de/10008673515
prices on both sides of the market, most of the literature has avoided models with Bertrand competition on both sides or has … first presenting intuitive sufficient conditions for demand on each side to be unique given prices on both sides. We then … derive sufficient conditions for the existence and uniqueness of an equilibrium in prices. For merger analysis, or any other …
Persistent link: https://www.econbiz.de/10010698672
oligopolistic publishers who choose subscription and advertising prices, while taking the interactions between the two-sides of the … simulate the effects of a hypothetical merger on prices and welfare. …
Persistent link: https://www.econbiz.de/10010615271
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
In this paper, we study how the presence of a news aggregator affects competition among (horizontally differentiated) newspapers in the Internet. For this purpose, we build a model of multiple issues which allows each newspaper to choose quality on each issue. Our model provides a micro...
Persistent link: https://www.econbiz.de/10010905459
of circulation on advertising demand. Editors choose first the political position, then simultaneously cover prices and …
Persistent link: https://www.econbiz.de/10008525325
of multi-market contact on competition. The analysis uses a dataset of cable TV system prices to provide evidence that … also some evidence that multi-market contact with telecom overbuilders results in lower prices. However, there is no …
Persistent link: https://www.econbiz.de/10005622743
We study competition among upstream firms when each of them sells a portfolio of distinct products and the downstream has a limited number of slots (or shelf space). In this situation, we study how bundling affects competition for slots. When the downstream has k number of slots, social...
Persistent link: https://www.econbiz.de/10005622767
This paper empirically investigates the effect of international simple resale (ISR) authorization on the prices for … bilateral markets from 1995 to 2004. These data provide detailed information on prices, variable costs, fixed costs and market … associated lowering of barriers to entry, almost always results in lower prices for all markets. Additionally, we find evidence …
Persistent link: https://www.econbiz.de/10008459704