Showing 1 - 10 of 51
Persistent link: https://www.econbiz.de/10012214987
Launching and stimulating competition in telecommunications markets is an important policy goal. It contains two … elements: to encourage entry and to make competition effective such that consumers benefit. The first one requires that … difficult to achieve at the same time. In this paper, we consider price regulation in the retail and wholesale market and answer …
Persistent link: https://www.econbiz.de/10011409202
Persistent link: https://www.econbiz.de/10012543460
This paper analyzes a mechanism through which a supplier of unknown quality can overcome its asymmetric information problem by selling via a reputable downstream rm. The supplier s adverse-selection problem can be solved if the downstream rm has established a reputation for delivering high...
Persistent link: https://www.econbiz.de/10011492196
Persistent link: https://www.econbiz.de/10000563738
We characterize a monopolist's optimal offer of service plans when only informed customers know already at the contracting stage whether their demand is high or low, while uninformed customers may learn their demand only after incurring some costs, if at all. While informed customers purchase...
Persistent link: https://www.econbiz.de/10003794017
We study optimal experimentation by a monopolistic platform in a two-sided market framework. The platform provider faces uncertainty about the strength of the externality each side is exerting on the other. It maximizes the expected present value of its profit stream in a continuous-time...
Persistent link: https://www.econbiz.de/10009381848
We study optimal experimentation by a monopolistic platform in a two-sided market. The platform provider is uncertain about the strength of the externality each side is exerting on the other. Setting participation fees on both sides, it gradually learns about these externalities by observing...
Persistent link: https://www.econbiz.de/10010518802
induced platform size and welfare. While vertical integration may be welfare-enhancing if network effects are weak, monopoly …
Persistent link: https://www.econbiz.de/10010370535
We analyze a model of monopolistic price discrimination where only some consumers are originally sufficiently informed about their preferences, e.g., about their future demand for a utility such as electricity or telecommunication. When more consumers become informed, we show that this benefits...
Persistent link: https://www.econbiz.de/10011489927