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I review two papers, addressing the issue of competition and quality determination in the market for Internet access services (Crémer, Rey, and Tirole (2000), Foros and Hansen (2001)). These two works come to seemingly opposite conclusions. After having summarized the two papers, I try to...
Persistent link: https://www.econbiz.de/10005685424
<i> Interconnessione e competizione nella rete Internet </i> (di Carlo Cambini, Roberto Roson) - ABSTRACT: In this paper, we provide an economic analysis of the market for Internet infrastructure services. Our objective is to survey the rather limited economic literature available on this subject (and,...
Persistent link: https://www.econbiz.de/10011066888
In this article, we construct a model to study competing payment networks, where networks offer differentiated products in terms of benefits to consumers and merchants. We study market equilibria for a variety of market structures: duopolistic competition and cartel, symmetric and asymmetric...
Persistent link: https://www.econbiz.de/10005432472
A recent literature, dealing with special markets characterized by bilateral network externalities, is summarized and critically assessed. Specific features of these markets, in terms of pricing principles and externalities, are discussed first. Afterwards, several issues related to competition...
Persistent link: https://www.econbiz.de/10005432504