Showing 1 - 10 of 12
This paper empirically analyzes how the use of vertical price restraints has impacted retail prices in the market for e-books. In 2010 five of the six largest publishers simultaneously adopted the agency model of book sales, allowing them to directly set retail prices. This led the Department of...
Persistent link: https://www.econbiz.de/10014141798
We present an empirical investigation of the role of marketing agencies in Google's online ad auctions. By combining … data on advertisers' affiliation to marketing agencies with data on bidding in ad auctions, we analyze how changes in the …
Persistent link: https://www.econbiz.de/10012946075
other business buyers. Using a proprietary dataset of secondary market auctions hosted on an online B2B platform, we study … how market pricing information from other auctions for comparable products a ffects the bidding behavior of the first … behavior and concurrent prices, formed from other open and just-finished auctions relative to the focal auction. We also study …
Persistent link: https://www.econbiz.de/10014164583
Recent theory has examined the competitive effects of minimum advertised price (MAP) restrictions: manufacturer policies that can limit the ability of consumers to search for product prices. In this paper, we empirically study the effect of a major electronics manufacturer's MAP policy on the...
Persistent link: https://www.econbiz.de/10012861340
We study horizontal mergers on two-sided markets between horizontally differentiated platforms. We provide a theoretical analysis of the merger's price effect based on the amount of cost savings it generates, the behavior of outsider platforms, and the size of cross-group network effects. We...
Persistent link: https://www.econbiz.de/10013046101
Dominant digital platforms such as Google and Facebook collect personal information of users by default precipitating a market failure in the market for personal information. We establish the economic harms from the market failure. We discuss conditions for eliminating the market failure and...
Persistent link: https://www.econbiz.de/10013245201
Persistent link: https://www.econbiz.de/10012847189
This study analyzes and contrasts the U.S. and EU antitrust standards on bundling (in its various forms) and tying. The analysis is applied to the U.S. and EU cases concerning Microsoft's practice of integrating (tying) new products (Internet Explorer in the U.S. and Windows Media Player in the...
Persistent link: https://www.econbiz.de/10014047962
We study a retail benchmarking approach to determine access prices for interconnected networks. Instead of considering fixed access charges as in the existing literature, we study access pricing rules that determine the access price that network i pays to network j as a linear function of the...
Persistent link: https://www.econbiz.de/10014048275
We study optimal cartel prices in a two-sided market. We present a simple model showing that prices above the two-sided monopoly price may prevail on one side of a two-sided market as a means to enhance the sustainability of the cartel. We prove that in such a case a higher benefit from the...
Persistent link: https://www.econbiz.de/10014141796