We present and estimate a model of competition in a two-sided market: the market for magazine readership and advertising. Using data on magazines in Germany, we find evidence that magazines have properties of two-sided markets. The results are consistent with the perception that prices for...

Printmedienmärkte weisen eine Reihe besonderer Eigenschaften auf, die sie von gewöhnlichen Produktmärkten unterscheiden. Die beiden wichtigsten dieser abgrenzenden Charakteristika sind (i) die direkte Abhängigkeit von Printmedienreichweite und Nachfrage nach Anzeigenseiten und (ii) die...

We present and estimate a model of competition in a two-sided market: the market for magazine readership and advertising. Using data on magazines in Germany, we find evidence that magazines have properties of two-sided markets. The results are consistent with the perception that prices for...

This paper develops a three stage oligopoly game for R&D cooperation, R&D expenditure and product market competition. In the first stage, firms decide whether or not to conduct R&D in cooperation with other firms. In the second stage the level of R&D investment is determined. Finally, firms...