Showing 1 - 10 of 14
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 toward the direct users of the platform as well as toward firms offering...
Persistent link: https://www.econbiz.de/10009214283
Persistent link: https://www.econbiz.de/10010866136
Persistent link: https://www.econbiz.de/10010866151
We discuss issues of the application of antitrust law and regulatory rules to network industries. In assessing the application of antitrust in network industries, we analyze a number of relevant features of network industries and the way in which antitrust law and regulatory rules can affect...
Persistent link: https://www.econbiz.de/10005134419
This paper examines the current conditions in the US telecommunications sector (October 2002). We examine the impact of technological and regulatory change on market structure and business strategy. Among others, we discuss the emergence and decline of the telecom bubble, the impact on pricing...
Persistent link: https://www.econbiz.de/10005134546
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/10005459412
We discuss issues of the application of antitrust law and regulatory rules to network industries. In assessing the application of antitrust in network industries, we analyze a number of relevant features of network industries and the way in which antitrust law and regulatory rules can affect...
Persistent link: https://www.econbiz.de/10005585465
This paper analyzes the economics of industries where network externalities are significant. In such industries, firms have strong incentives to adhere to common technical compatibility standards, so that they reap the network externalities of the whole group. However, a firm also benefits from...
Persistent link: https://www.econbiz.de/10005101687
We analyze the equilibrium size of networks under alternative market structures. Networks are characterized by positive … the three equilibrium networks. As a result, small networks will not observed. We call critical mass the size of the … compatible network goods support networks of smaller size than perfect competition and larger than monopoly. We extend our …
Persistent link: https://www.econbiz.de/10005101745
We show that application of the so-called "Market Determined Efficient Component Pricing Rule," the "Efficient Component Pricing Rule," and, in general, of pricing rules that are based on private opportunity costs would perpetuate pricing inefficiencies and result in lower social surplus than...
Persistent link: https://www.econbiz.de/10005061850