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De los Santos, Babur; Wildenbeest, Matthijs R. - 2014

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

Bundling and Collusion in Communications Markets

Baranes, Edmond - 2008

sustainability of collusion in an infinitely repeated game framework. We show that the bundling strategy of the entrant might hinder … collusion. Futhermore, we consider a setting in which the entrant uses a one-way access that the incumbent possesses. In such … might increase the feasibility of collusion. This result has an important policy implication …

Persistent link: https://www.econbiz.de/10014054958

Merger Simulation in a Two-Sided Market : The Case of the Dutch Daily Newspapers

Filistrucchi, Lapo - 2010

We develop a structural econometric framework that allows us to simulate the effects of mergers among two-sided platforms selling differentiated products. We apply the proposed methodology to the Dutch newspaper industry. Our structural model encompasses demands for differentiated products on...

Persistent link: https://www.econbiz.de/10013136893

Aggregators and the News Industry : Charging for Access to Content

Rutt, James - 2012

The Internet has drastically altered the nature of competition in the news industry. This article develops a model of price and quality competition between firms in the online news industry. In equilibrium, firms randomise in their pricing strategies and this generates the cross-sectional...

Persistent link: https://www.econbiz.de/10013113565

Endogenous Merger Waves in Vertically Related Industries

Yao, Zhiyong - 2011

We study merger waves in vertically related industries where firms can engage in both vertical and horizontal mergers. Even though any individual merger would have been profitable, firms may refrain from merging for fear of negative impacts from other mergers. When they do merge, however, they...

Persistent link: https://www.econbiz.de/10013118575

To Surcharge or Not to Surcharge? A Two-Sided Market Perspective of the No-Surcharge Rule

Economides, Nicholas - 2011

In Electronic Payment Networks (EPNs) the No-Surcharge Rule (NSR) requires that merchants charge the same final good price regardless of the means of payment chosen by the customer. In this paper, we analyze a three-party model (consumers, merchants, and proprietary EPNs) to assess the impact of...

Persistent link: https://www.econbiz.de/10013121361

News Aggregators and Competition Among Newspapers in the Internet

Jeon, Doh-Shin - 2014

In this paper, we study how the presence of a news aggregator affects competition among (horizontally differentiated) newspapers in the Internet. For this purpose, we build a model of multiple issues which allows each newspaper to choose quality on each issue. Our model provides a micro...

Persistent link: https://www.econbiz.de/10013065214

Equilibrium Innovation Ecosystems : The Dark Side of Collaborating with Complementors

Ruiz-Aliseda, Francisco - 2014

The recent years have exhibited a burst in the amount of collaborative activities among firms selling complementary products. This paper aims at providing a rationale for such a large extent of collaboration ties among complementors. To this end, we analyze a game in which the two producers of a...

Persistent link: https://www.econbiz.de/10013067146

A Steady State Approach to a Network Externality Market with Switching Costs

Miller, David A. - 2014

We study duopoly pricing in the market for mobile phone service, which features network externalities, switching costs, and consumer heterogeneity. We introduce a steady state approach that enables a tractable analysis without endgame effects. The model can generate a variety of testable...

Persistent link: https://www.econbiz.de/10013069125

Product Compatibility in Network Industries with Switching Costs

Chen, Jiawei - 2014

This paper investigates how switching costs affect product compatibility and market dynamics in network industries. A reduction in the switching cost makes the firms' products more attractive relative to the outside good, which diminishes the market expansion benefit of making products...

Persistent link: https://www.econbiz.de/10013069133