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The aim of this research is to analyze whether and when ratings are informative signals about the quality of movies …. The ratings data of Netflix is used to fit a structural Bayesian learning model. This model links revealed experience … the quality using ratings as signals. The signal produced by one rating is very noisy and might not be taken into account …
Persistent link: https://www.econbiz.de/10005622704
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
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
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
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
produced by other firms. We also assess and calibrate the influence on profits of the intensity of network effects and quality … improvements in both goods. We evaluate the incentive that a monopolist of the base good has to improve its quality rather than …
Persistent link: https://www.econbiz.de/10005622702
influence on profits of the intensity of network effects and quality improvements in both goods. We evaluate the incentive that … a monopolist of the base good has to improve its quality rather than that of complementary goods. Finally, based on our …
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
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
We present a theory for why it might be rational for a platform to limit the number of applications available on it. Our model is based on the observation that even if users prefer application variety, applications often also exhibit direct network effects. When there are direct network effects,...
Persistent link: https://www.econbiz.de/10008673512