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Partly motivated by the recent antitrust investigations concerning Google, we develop a leverage theory of tying in two …
Persistent link: https://www.econbiz.de/10011536190
answers and can be used to estimate market power and pass through rates. I show that even a naive one-sided model that ignores …
Persistent link: https://www.econbiz.de/10011789113
We propose an analysis of platform competition based on the academic literature with a view towards competition policy. First, we discuss to which extent competition can emerge in digital markets and show which forms it can take. In particular, we underline the role of dynamics, but also of...
Persistent link: https://www.econbiz.de/10012258099
Platform interoperability is considered a powerful tool to promote competition in digital markets when network effects are at play. We study the effect of interoperability on competition between two ad-financed platforms, allowing for endogenous multi-homing of consumers. When the platforms are...
Persistent link: https://www.econbiz.de/10014247369
bargaining theory to predict inter-institutional agreements in the Conciliation Committee, it turns out that although …
Persistent link: https://www.econbiz.de/10011509443
firms can invest in increasing the demand from online shoppers, the ban may have adverse effects on investment and social …
Persistent link: https://www.econbiz.de/10012312243
The paper develops a unified general equilibrium model including savings with overlapping generations, investment and … unemployment compensation. As a separate methodological contribution, we extend a dynamic CGE model for Germany to allow for search …
Persistent link: https://www.econbiz.de/10009781622
Persistent link: https://www.econbiz.de/10003599282
The proposed Transatlantic Trade and Investment Partnership (TTIP) between the European Union and the United States of … America would be the largest preferential trade agreement in the world. Encompassing almost half of world GDP, it will have … strong economic effects on Germany. In this paper, we put this trade policy initiative in its broader perspective. We argue …
Persistent link: https://www.econbiz.de/10010469280
We study whether a democracy improves a measure of individual wellbeing; human heights. Drawing on individual-level datasets, we test the hypothesis using a battery of eight different measures of democracy and derived averages, and include models accounting for several confounders, regional and...
Persistent link: https://www.econbiz.de/10012698819