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Abstract I model dynamic product design along price and non-price dimensions by a firm in a market with positive network externalities between consumers. In the case of a usage fee, I provide conditions under which the steady state (SS) is unique and show that the introductory price is negative...
Persistent link: https://www.econbiz.de/10010934839
Pricing of Internet access has been characterized by two properties. Parties are directly billed only by the Internet Service Provider (ISP) through which they connect to the Internet and the ISP charges them on the basis of the amount of information transmitted rather than its content. These...
Persistent link: https://www.econbiz.de/10008763998
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/10005760651
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/10005585461
telecommunications: a monopoly of the local telecommunications network, as well as a monopoly in retail local telecommunications services … competitors. Thus, Verizon used its monopoly of the network infrastructure to disadvantage entrants in retail. In doing so … makes sense only insofar as it helps the defendant maintain or obtain monopoly power.” …
Persistent link: https://www.econbiz.de/10005184812
We discuss the case of a monopolist of a base good in the presence of a complementary good provided either by it or by another firm. We assess and calibrate the extent of the influence on the profits from the base good that is created by the existence of the complementary good, i.e., the extent...
Persistent link: https://www.econbiz.de/10005622702
We discuss the case of a monopolist of a base good in the presence of complementary goods provided either by it or by other firms. We assess and calibrate the extent of the influence on the profits from the base good that is created by the existence of complementary goods, i.e., the extent of...
Persistent link: https://www.econbiz.de/10005622726
This paper discusses the economics of the Internet backbone. I discuss competition on the Internet backbone as well as relevant competition policy issues. In particular, I show how public protocols, ease of entry, very fast network expansion, connections by the same Internet Service Provider...
Persistent link: https://www.econbiz.de/10005622728
This paper studies a "market creating" firm (platform) that offers a matching environment by charging an access fee to a population of high and low type users who wish to form a match. We focus on an environment where users only observe a signal of their randomly assigned partner's type and...
Persistent link: https://www.econbiz.de/10009358868
Public “Beta” launches have become a preferred route of entry into the markets for new software products and web site based services. While beta testing of novel products is nothing new, typically such tests were done by experts within firm boundaries. What makes public beta testing so...
Persistent link: https://www.econbiz.de/10005760643