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Price Wars in Two-Sided Markets: The case of the UK Quality Newspapers

Behringer, Stefan; Filistrucchi, Lapo - NET Institute - 2009

This paper investigates the price war in the UK quality newspaper industry in the 1990s. We build a model of the newspaper market which encompasses demand for differentiated products on both, the readers and advertisers side of the market, and profit maximization by four competing oligopolistic...

Persistent link: https://www.econbiz.de/10008525325

Monopoly Pricing in the Presence of Social Learning

Ifrach, Bar; Maglaras, Costis; Scarsini, Marco - NET Institute - 2011

to analyze the social learning mechanism and its effect on the seller's pricing decision. This analysis borrows from the … literature on social learning and on pricing and revenue management. Consumers follow a naive decision rule and, under some … heterogeneity of quality preferences. Two pricing strategies are studied: a static price and a single price change. Properties of …

Persistent link: https://www.econbiz.de/10010905450

Dynamic Platform Design

Veiga, Andre - NET Institute - 2014

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

Matching & Information Provision by One-Sided and Two-Sided Platforms

Canon, Carlos - NET Institute - 2011

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

Switching Costs and Dynamic Price Competition in Network Industries

Chen, Jiawei - NET Institute - 2009

Motivated by policy makers' recent interest in reducing switching costs in various network industries to increase competition, this paper investigates how switching costs affect market outcome in such industries. The results show that the effects of switching costs on market concentration and...

Persistent link: https://www.econbiz.de/10008456814

Introduction of Software Products and Services Through "Public" Beta Launches

Mehra, Amit; Shrimali, Gireesh - NET Institute - 2008

strategies like “skimming” or “penetration pricing” with beta launches. This analysis is done for products of branded and … pricing and advertising on the beta launch strategy. …

Persistent link: https://www.econbiz.de/10005760643

Competition in Prices and Service Level Guarantees

Johari, Ramesh; Weintraub, Gabriel - NET Institute - 2007

, 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

Market Entry in E-Commerce

Kasy, Maximilian; Kummer, Michael - NET Institute - 2008

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

Monopoly Pricing in the Presence of Social Learning

Ifrach, Bar; Maglaras, Costis; Scarsini, Marco - NET Institute - 2012

to analyze the social learning mechanism and its effect on the seller's pricing decision. Consumers follow an intuitive …. Two pricing policies are studied: a static price, and one with a single price change. Finally, numerical experiments … suggest that pricing policies that account for social learning may increase revenues considerably relative to policies that do …

Persistent link: https://www.econbiz.de/10010584157

Competing Complements

Casadesus-Masanell, Ramon; Nalebuff, Barry; Yoffie, David B. - NET Institute - 2007

In Cournot's model of complements, the producers of A and B are both monopolists. This paper extends Cournot's model to allow for competition between complements on one side of the market. Consider two complements, A and B, where the A+B bundle is valuable only when purchased together. Good A is...

Persistent link: https://www.econbiz.de/10005622751