Showing 1 - 10 of 244
goals. The classical ones are entry prices and free entry. The museum club solution or exit donations allow for various … additional goals. Each scheme has clear advantages and disadvantages. We propose an innovative pricing instrument: Exit prices …
Persistent link: https://www.econbiz.de/10008572533
We analyse how spatial disparities in innovation activities, coupled with migration costs, affect economic geography, growth and regional inequality. We provide conditions for existence and uniqueness of a spatial equilibrium, and for the endogenous emergence of industry clusters. Spatial...
Persistent link: https://www.econbiz.de/10012919051
We study a two-sided markets model of two competing television stations that offer content of differentiated quality to ad-averse consumers and advertising space to firms. As all consumers prefer high over low quality content, competition for viewers is vertical. By contrast, competition for...
Persistent link: https://www.econbiz.de/10013122127
greater dampening of competition. We also derive comparative statics on the prices of the acquiring firm, the acquired firm …
Persistent link: https://www.econbiz.de/10013148773
The existing literature on "two-sided markets" addresses participation externalities, but so far it has neglected pecuniary externalities between competing platforms. In this paper we build a model that incorporates both externalities. In our setup differentiated platforms compete in advertising...
Persistent link: https://www.econbiz.de/10013317490
-Nash equilibria in a duopoly. Comparing equilibrium prices to the prices set by a multiproduct monopolist, we show that competition … drives prices up and may lead to price dispersion. Competition reduces total surplus in the short run but provides higher …
Persistent link: https://www.econbiz.de/10013318833
We study a two-sided markets model of two competing television stations that offer content of differentiated quality to ad-averse consumers and advertising space to firms. As all consumers prefer high over low quality content, competition for viewers is vertical. By contrast, competition for...
Persistent link: https://www.econbiz.de/10009221558
This paper presents a model of media competition with free entry when media operators are financed both from advertisers and customers. The relation between advertising receipts and sales receipts, which are both complementary and antagonist, is different if media operators impose a price or a...
Persistent link: https://www.econbiz.de/10005405759
greater dampening of competition. We also derive comparative statics on the prices of the acquiring firm, the acquired firm …
Persistent link: https://www.econbiz.de/10008583701
child care coverage with central government financing, we investigate the relationship between child care and housing prices … in coverage were mandated. The results show that housing prices respond to child care and are consistent with the recent … deviation, raises house prices by 3%. We conclude that child care reform initiates adjustments at housing markets and confirms …
Persistent link: https://www.econbiz.de/10012927191