We examine a Bertrand competition game between two intermediaries offering matching services between two sides of a … intermediation on the Internet by allowing registration and transaction prices, and multiple registration. When only registration …

in cable and the more encouraging but incomplete evidence on the benefits of satellite and telco competition. It …

The Internet plays a growing role in the economy. This paper extrapolates this trend and analyses a world where most …

Internet development holds the promise of transmitting economic value across physical space at zero marginal cost. In …

past, not in the future. The Internet fails as a Great Invention because much of its use involves substitution of existing … activities from one medium to another, because much Internet investment involves defence of market share rather than creation of … something of social value, because much Internet activity duplicates existing activity like mail order catalogues, while the …

preponderance of Internet and high-tech firms going public. Our results suggest that it was firm characteristics that were unique …