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Innovation and monopoly: The position of Schumpeter
laino, antonella - Volkswirtschaftliche Fakultät, … - 2011
innovation and market structure. The entrepreneur represented by Schumpeter's is strongly creative and innovative to condition to …
Persistent link: https://www.econbiz.de/10009370827
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Second-Degree Price Discrimination on Two-Sided Markets
Böhme, Enrico - Volkswirtschaftliche Fakultät, … - 2012
The present paper provides a descriptive analysis of the second-degree price discrimination problem on a monopolistic two-sided market. By imposing a simple two-sided framework with two distinct types of agents on one of its market sides, it will be shown that under incomplete information, the...
Persistent link: https://www.econbiz.de/10011260128
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The monopoly benchmark on two-sided markets
Mueller, Christopher; Boehme, Enrico - Volkswirtschaftliche Fakultät, … - 2011
all platforms or a “pure” monopoly with just one platform. Literature has not generally discussed, which benchmark is the …
Persistent link: https://www.econbiz.de/10009372469
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Monopolistic Location Choice in Two-Sided Industries
Böhme, Enrico; Müller, Christopher - Volkswirtschaftliche Fakultät, … - 2012
We analyze the optimal location choice of a monopolistic firm that operates two platforms on a two-sided market. We show that the optimal platform locations are equivalent to the one-sided benchmark if both sides are either restricted to single- or multi-homing. In the mixed case (one side...
Persistent link: https://www.econbiz.de/10011113925
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Monopolistic Licensing Strategies under Asymmetric Information
Schmitz, Patrick W. - Volkswirtschaftliche Fakultät, … - 2002
Consider a research lab that owns a patent on a new technology but cannot develop a marketable final product based on the new technology. There are two downstream firms that might successfully develop the new product. If the downstream firms' benefits from being the sole supplier of the new...
Persistent link: https://www.econbiz.de/10005260224
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Pre-entry advertising, entry deterrence and multi-informational signaling
Weinem, Michael; Heil, Oliver - Volkswirtschaftliche Fakultät, … - 2010
Advertising is commonly regarded as a strategic tool to increase demand and steal business from competitors. The present work studies the competitive effects of advertising in a two-period game with incomplete information about the opponent's cost structure. Bagwell and Ramey (1988) showed that...
Persistent link: https://www.econbiz.de/10009372583
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Comparing Monopoly and Duopoly on a Two-Sided Market without Product Differentiation
Böhme, Enrico; Müller, Christopher - Volkswirtschaftliche Fakultät, … - 2010
We propose both a monopoly and a duopoly model of a two-sided market. Both settings are fully comparable, as we impose … sizes. We determine the duopoly equilibrium and the monopoly optimum in terms of the parameters and obtain solutions with … economically plausible parameter sets for which duopoly equilibrium prices exceed optimal monopoly prices and one with no …
Persistent link: https://www.econbiz.de/10008543016
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All solution graphs in multidimensional screening
Kokovin, Sergey; Nahata, Babu; Zhelobodko, Evgeny - Volkswirtschaftliche Fakultät, … - 2010
We study general discrete-types multidimensional screening without any noticeable restrictions on valuations, using instead epsilon-relaxation of the incentive-compatibility constraints. Any active (becoming equality) constraint can be perceived as "envy" arc from one type to another, so the set...
Persistent link: https://www.econbiz.de/10008923043
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Monopoly Pricing when Consumers are Antagonized by Unexpected Price Increases: A "Cover Version" of the Heidhues-Koszegi-Rabin Model
Spiegler, Ran - Volkswirtschaftliche Fakultät, … - 2010
This paper reformulates and simplifies a recent model by Heidhues and Koszegi (2005), which in turn is based on a behavioral model due to Koszegi and Rabin (2006). The model analyzes optimal pricing when consumers are loss averse in the sense that an unexpected price hike lowers their...
Persistent link: https://www.econbiz.de/10008562610
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Negative Network Externalities in Two-Sided Markets: A Competition Approach
Kurucu, Gokce - Volkswirtschaftliche Fakultät, … - 2007
Consider a firm advertising in a job matching agency with the aim of employing the most qualified workers. Its chances of success would be higher for a smaller number of competitor firms advertising in the same job matching agency, i.e. careerbuilder.com. How would the resulting competitive...
Persistent link: https://www.econbiz.de/10005789304