Showing 1 - 10 of 15
How did the diffusion of the Internet affect performance and product quality in the airline industry? We argue that the …’ incentives to provide high quality products. …
Persistent link: https://www.econbiz.de/10010905458
) newspapers in the Internet. For this purpose, we build a model of multiple issues which allows each newspaper to choose quality … leads each newspaper to specialize in terms of news coverage. In this case, its presence changes quality choices from … strategic substitutes to strategic complements. In the case of symmetric newspapers, this leads to an increase in the quality of …
Persistent link: https://www.econbiz.de/10010905459
How has the Internet affected newspaper content? We build a dataset that matches newspaper readability measures to Internet penetration at the county-year level from 2000 – 2008. We document a positive relationship between Internet penetration and newspaper readability. This result appears...
Persistent link: https://www.econbiz.de/10010933640
this paper, we look at how the existence of contracts between firms and intermediaries affects the quality of the advice … received by consumers, and firms' incentives to invest in improving the quality of their products. We consider a model with one … distorts firms' incentives to invest. Quality can then decrease or increase compared to an objective benchmark. We contrast our …
Persistent link: https://www.econbiz.de/10010930538
quality, where a journal's quality determined by the quality of the papers it publishes. We provide a simple model of journal … quality. As an illustration of the value of the model, we use it to address issues that have arisen in the recent debate … articles than traditional journals, moving further down the quality spectrum in order to boost revenue; (b) whether journal …
Persistent link: https://www.econbiz.de/10005622701
The aim of this research is to analyze whether and when ratings are informative signals about the quality of movies … the quality using ratings as signals. The signal produced by one rating is very noisy and might not be taken into account …. The more people rate, the better are signals' quality. Consumers are not considerably dispersed in how they value quality. …
Persistent link: https://www.econbiz.de/10005622704
heterogeneity of quality preferences. Two pricing strategies are studied: a static price and a single price change. Properties of …A monopolist offers a product to a market of consumers with heterogeneous quality preferences. Although initially … uninformed about the product quality, they learn by observing past purchase decisions and reviews of other consumers. Our goal is …
Persistent link: https://www.econbiz.de/10010905450
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
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
, capacity, or service quality so that the congestion experienced by all subscribers is equal to the SLG. First, we analyze a …, we find that when costs in the original game are convex, the resulting equivalent pricing game also has convex costs …. Further, for a broad class of models exhibiting constant returns to investment, the resulting pricing game is equivalent to a …
Persistent link: https://www.econbiz.de/10005184809