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There is little consensus as to the cause of the housing bubble that precipitated the financial crisis of 2008. Numerous explanations exist: misguided monetary policy; a global savings surplus; government policies encouraging affordable homeownership; irrational consumer expectations of rising...
Persistent link: https://www.econbiz.de/10011261024
have contributed to the transformation of the telecommunications industry, competition has played a key role in driving …
Persistent link: https://www.econbiz.de/10005787184
This is a discussion of the manuscript "Local News Online: Aggregators, Geo-Targeting and the Market for Local News" by L. George and C. Hogendorn, presented at the 11th Workshop on Media Economics, which was held at the Recanati Business School, Tel-Aviv University, October 9-10, 2013.
Persistent link: https://www.econbiz.de/10011112253
We discuss competition effects and possible regulation of vertical integration in internet-based two-sided markets … products in the search results can leverage market power and reduce competition. However, there is yet no appropriate economic … theory on the power’ of search engines. The often used concept of ‘search neutrality’ is not convincing. …
Persistent link: https://www.econbiz.de/10011258322
A sizable literature has grown up in recent years focusing on two-sided markets in which economies of scale combined with complementarities between a platform and its associated `software' or `services' can generate indirect network effects (that is positive feedback between the number of...
Persistent link: https://www.econbiz.de/10005790001
Against a background of competition and the generalisation of IP that characterises the field of electronic …
Persistent link: https://www.econbiz.de/10005836881
competition is likely to depend on the speed of the development of new technologies and the adaptation of the regulatory …
Persistent link: https://www.econbiz.de/10005617150
The advance of innovative information and communication technologies has triggered a fundamental upheaval in the media industry. The technology is reforming the conventional media model. The media mix will become more varied; interactive and personalised offers are taking root and finding their...
Persistent link: https://www.econbiz.de/10005789725
market competition. In markets with effective competition, horizontal multiple directorships turn out to be an efficient … firms have no significant influence on financial performance, irrespective of the level of competition intensity …
Persistent link: https://www.econbiz.de/10013024843
to ex ante regulation and those that are subject to competition law alone. The paper lays out the methodology for …
Persistent link: https://www.econbiz.de/10005837457