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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
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
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
Coase originally formulated his conjecture about intertemporal price competition in the context of a land market, but it has been applied almost exclusively to non-spatial markets. This paper revisits the Coase Conjecture in the context of land development and urban institutions. I compare four...
Persistent link: https://www.econbiz.de/10005616918
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
When it speaks of Schumpeterian hypothesis we refer to the close relationship that exists between the degree of innovation and market structure. The entrepreneur represented by Schumpeter's is strongly creative and innovative to condition to be able to get e/o to maintain a market power, and...
Persistent link: https://www.econbiz.de/10009370827
The development of the market of a product needs a wide knowledge of consumption and marketing practices relevant. This paper issue is to analyze the cashew nuts commercialization system in Bantè and Savalou regions in order to identify strengths and weaknesses relevant to the cashew nuts chain...
Persistent link: https://www.econbiz.de/10011258930
Abstract In this article we discuss the salient features of the classical and neoclassical theories of competition and we test their fundamental propositions using data from Greek manufacturing industries. The cross section data of 3-digit (total 91) industries of the three (pooled together)...
Persistent link: https://www.econbiz.de/10011260161
and group rationality in bilateral monopoly (BM) and the reduction of incentive to opportunism together with the increase …
Persistent link: https://www.econbiz.de/10005260247
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