Similar Search Results

Content provision and compatibility in a platform market

Rasch, Alexander; Wenzel, Tobias - In: Economics Letters 124 (2014) 3, pp. 478-481

This paper studies the ambiguous welfare effects of compatibility in a platform market with endogenous content … provision. Compatibility can be particularly harmful if it leads to reduced content but can be beneficial if content is …

Persistent link: https://www.econbiz.de/10010930733

Application compatibility and affiliation in two-sided markets

Maruyama, Masayoshi; Zennyo, Yusuke - In: Economics Letters 130 (2015) C, pp. 39-42

This paper analyzes the unilateral choices of application compatibility by platforms and the endogenous affiliations of … application compatibility is not an equilibrium unless the cost for achieving application compatibility is zero. We also find that … chooses compatibility and that, these asymmetric equilibria are harmful both to the content providers and to users, compared …

Persistent link: https://www.econbiz.de/10011263393

One-leader and multiple-follower Stackelberg games with private information

Nakamura, Tomoya - In: Economics Letters 127 (2015) C, pp. 27-30

This study analyzes one-leader and multiple-follower Stackelberg games with demand uncertainty. We demonstrate that the weight on public information regarding a follower’s estimation of demand uncertainty determines the strategic relationship between the leader and each follower. When the...

Persistent link: https://www.econbiz.de/10011189561

Price discrimination in Cournot competition

Kutlu, Levent - In: Economics Letters 117 (2012) 3, pp. 540-543

We examine the average equilibrium price when quantity setting oligopolies price discriminate. It is known that for the price discrimination extension of Cournot competition the average price is independent of the extent of price discrimination whenever the demand is linear. We show that this...

Persistent link: https://www.econbiz.de/10010594161

Cost pass-through and inverse demand curvature in vertical relationships with upstream and downstream competition

Adachi, Takanori; Ebina, Takeshi - In: Economics Letters 124 (2014) 3, pp. 465-468

This paper provides two characterizations of the retailer’s markup relative to the manufacturer’s markup in vertical relationships with homogeneous manufacturers and homogeneous retailers. We first show that retailer’s relative markup is equal to the ratio of the retail pass-through to the...

Persistent link: https://www.econbiz.de/10010930731

Pro-competitive effect, division of labor, and firm productivity

Kamei, Keita - In: Economics Letters 124 (2014) 1, pp. 132-135

This study constructs a general oligopolistic equilibrium model in which Smith’s (1776) famous theory of the division of labor under vertical specialization is embedded. We demonstrate that a pro-competitive government policy weakens the division of labor and hence reduces firm productivity,...

Persistent link: https://www.econbiz.de/10010784992

Combining the endogenous choice of price/quantity and timing

Sun, Chia-Hung - In: Economics Letters 120 (2013) 3, pp. 364-368

This paper builds a theory of endogenous role distribution (leader, follower, and Nash player) and of endogenous choice for the type of competition strategy (price and quantity) in a product differentiated duopoly model. We examine an extended game by adding a pre-play stage in which duopoly...

Persistent link: https://www.econbiz.de/10010681757