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We analyze strategic interactions between two competing distributors of an independent TV channel. Consistent with most of the relevant markets, we assume that the distributors set end-user prices while the TV channel sets advertising prices. Within this framework we show that the distributors...
Persistent link: https://www.econbiz.de/10013103607
prices and features of goods without incurring search costs. The platform alleviates sellers' competition by charging them …
Persistent link: https://www.econbiz.de/10012945113
stress that competition and regulatory authorities should take seriously the potential trade-off between market power effects …
Persistent link: https://www.econbiz.de/10012953486
This paper analyzes market segmentation in a two-sided market that consists of media consumers and advertisers. The analysis is motivated by a European Court of Justice Decision in October 2011, which allowed viewers to take advantage of international price differences and buy access to Premier...
Persistent link: https://www.econbiz.de/10013088134
I introduce a reduced form two-sided market model to study prediction and identification in two-sided markets. The model generates the hallmark features of two-sided markets: potentially below cost or even negative prices to one side of the market, and the “see-saw” or “waterbed” effect...
Persistent link: https://www.econbiz.de/10012924452
Two-sided platform firms serve distinct customer groups that are connected through interdependent demand, and include major businesses such as the media industry, banking, and the software industry. A well known textbook result in one-sided markets is that a government may increase a...
Persistent link: https://www.econbiz.de/10013317276
Partly motivated by the recent antitrust investigations concerning Google, we develop a leverage theory of tying in two …
Persistent link: https://www.econbiz.de/10012980583
We study the gains from trade in an economy with oligopolistic competition, firm heterogeneity, and innovation …. Oligopolistic competition together with free entry make markups responsive to firm productivity and trade costs. Lowering trade … incomplete pass-through of trade costs to export markups are strong enough to compensate for the increase in competition on …
Persistent link: https://www.econbiz.de/10012930693
We consider dynamic competition among platforms in a market with network externalities. A platform that dominated the … the focal platform whenever such equilibrium exists. Yet when faced with higher-quality competition, can a low …
Persistent link: https://www.econbiz.de/10012993108
We study the dynamics of competition in a model with network effects, an incumbent and entry. We propose a new way of …
Persistent link: https://www.econbiz.de/10012994193