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Leveraging Monopoly Power by Degrading Interoperability : Theory and Evidence from Computer Markets
Genakos, Christos - 2011
When will a monopolist have incentives to foreclose a complementary market by degrading compatibility/interoperability of his products with those of rivals? We develop a framework where leveraging extracts more rents from the monopoly market by "restoring" second degree price discrimination. In...
Persistent link: https://www.econbiz.de/10013122878
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Evolving Standards for Academic Publishing : A Q-R Theory
Ellison, Glenn - 2011
This paper develops a model of evolving standards for academic publishing. It is motivated by the increasing tendency of academic journals to require multiple revisions of articles and by changes in the content of articles. Papers are modeled as varying along two quality dimensions: q and r. The...
Persistent link: https://www.econbiz.de/10013125817
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A Tale of Two Standards : Patent Pools and Innovation in the Optical Disk Drive Industry
Flamm, Kenneth - 2014
The impact of patent pools on the rate and direction of technological change is an open question in both theoretical and empirical studies. Economic theory makes no unequivocal prediction. By contrast, empirical studies of patent pools, to date, have largely concluded that patent pools have been...
Persistent link: https://www.econbiz.de/10013064214
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Public Procurement and the Private Supply of Green Buildings
Simcoe, Timothy - 2014
We measure the impact of municipal policies requiring governments to construct green buildings on private-sector adoption of the U.S. Green Building Council's Leadership in Energy and Environmental Design (LEED) standard. Using matching methods, panel data, and instrumental variables, we find...
Persistent link: https://www.econbiz.de/10013065448
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Innovating Standards Through Informal Consortia : The Case of Wireless Telecommunications
Delcamp, Henry - 2014
incentives to invest in R&D by internalizing potential externalities. They may also enhance efficiency of standardization by …
Persistent link: https://www.econbiz.de/10013065932
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International Standards and International Trade : Empirical Evidence from ISO 9000 Diffusion
Clougherty, Joseph A. - 2014
methodological challenges by measuring standardization via national penetration of ISO 9000, allowing standardization to manifest via …-signaling augmenting country-pair trade. Yet, ISO-rich nations (most notably European) benefit the most from standardization, while ISO …
Persistent link: https://www.econbiz.de/10013066003
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Patent Disclosure in Standard Setting
Ganglmair, Bernhard - 2014
In a model of industry standard setting with private information about firms' intellectual property, we analyze (a) firms' incentives to contribute to the development and improvement of a standard, and (b) firms' decision to disclose the existence of relevant intellectual property to other...
Persistent link: https://www.econbiz.de/10013066245
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How Product Standardization Affects Choice : Evidence from the Massachusetts Health Insurance Exchange
Ericson, Keith M. Marzilli - 2013
Standardization of complex products is touted as improving consumer decisions and intensifying price competition, but … evidence on standardization is limited. We examine a natural experiment: the standardization of health insurance plans on the … Massachusetts Health Insurance Exchange. Pre-standardization, firms had wide latitude to design plans. A regulatory change then …
Persistent link: https://www.econbiz.de/10013074626
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Tiebreaker : Certification and Multiple Credit Ratings
Bongaerts, Dion - 2009
This paper explores the economic role credit rating agencies play in the corporate bond market. We consider three existing theories about multiple ratings: information production, rating shopping and regulatory certification. Using differences in rating composition, default prediction and credit...
Persistent link: https://www.econbiz.de/10013156427
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The Effect of Malpractice Law on Physician Supply : Evidence from Negligence-Standard Reforms
Frakes, Michael - 2017
We explore whether the composition of the physician work force is impacted by the clinical standards imposed on physicians under medical liability rules. We theorize that physicians of particular backgrounds will be attracted to regions when the malpractice laws of those regions favor the type...
Persistent link: https://www.econbiz.de/10012955447