Showing 1 - 10 of 112
information may be a barrier to the development of a health information network. Health information networks are designed to … over $30 billion to support the development of health information networks and electronic health information sharing …
Persistent link: https://www.econbiz.de/10010961657
As online information availability for products and services is increasing and as buyers engage in more online search prior to purchase decisions, it is becoming more important for firms to know when to invest to reduce buyer uncertainty. This article argues that today's firms should view...
Persistent link: https://www.econbiz.de/10010905465
We consider a structural model of demand and supply where firms endogenously offer vertically differentiated products and exercise second-degree price discrimination. We apply this model to the smartphone industry and quantify the welfare effects of price discrimination and competition. We use...
Persistent link: https://www.econbiz.de/10010933639
authorities might have di®erent views on what technical capabilities should be deployed. We discuss the potential for \collusion …
Persistent link: https://www.econbiz.de/10005459405
In Cournot's model of complements, the producers of A and B are both monopolists. This paper extends Cournot's model to allow for competition between complements on one side of the market. Consider two complements, A and B, where the A+B bundle is valuable only when purchased together. Good A is...
Persistent link: https://www.econbiz.de/10005622751
This paper studies the impact of heterogeneity in interdependence of trader values on price inference and welfare. A model of double auction with quasilinear-quadratic utilities is introduced that allows for arbitrary Gaussian information structures. With heterogeneous interdependence, some...
Persistent link: https://www.econbiz.de/10010698671
This paper investigates the patent licensing networks formed by competing firms. Assuming that licensing agreements can … of independent patents, we fully characterize the bilaterally efficient networks and find that when the cost reduction … efficient one. We also show that the bilaterally efficient networks can be sustained as subgame-perfect Nash equilibria with …
Persistent link: https://www.econbiz.de/10010933642
Technology platforms, such as Microsoft Windows, are the hubs of technology industries. We develop a framework to characterize the optimal two-sided pricing strategy of a platform firm, that is, the pricing strategy towards the direct users of the platform as well as towards firms offering...
Persistent link: https://www.econbiz.de/10005622760
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/10005184810
A significant body of literature in information systems, marketing, and economics has shown the important implication of the distinction between experience products and search products (“product typeâ€) on consumer information search, marketplace design, and firm strategy. However, how...
Persistent link: https://www.econbiz.de/10011148600