Actors on print media markets face two different (and interrelated) demand curves: the demand for copies and the demand for advertising space. This paper develops a realistic, yet simple, model of print media industries. In contrast to earlier studies, it takes into account that print media...

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...

This paper analyzes the effects of net neutrality regulation on investment incentives for Internet service providers (ISPs) and content providers (CPs), and their implications for social welfare. We show that the ISP's decision on the introduction of discrimination across content depends on a...

The paper develops a growth model with evolutionary microfounded structural change. The model endogenises both technical change and changes in final and intermediate demand as affecting macro-economic growth, through the structural change of the economy. The aim is to formally account for the...

The paper aims to account for the empirical stylised facts related to changes in sectoral structures that have led to the growth of services in most advanced countries over recent decades. A growth model with evolutionary micro-founded structural change is developed, which formalises the role of...

The aim of this paper is to account for both the short-run fluctuations and the very-long run transformations induced by technological change in analysing long-run growth patterns. The paper investigates the possible imprint left by short-run fluctuations on the long run dynamics by affecting...

This paper studies 40 years of evolution in the German laser industry to test the generality of evolutionary patterns observed in the U.S. laser industry. Key characteristics found in the U.S. industry are also present in Germany. There is sustained entry into the industry, and neither a...

Das Bundesministerium für Wirtschaft und Technologie beauftragte das ifo Institut, den Zusammenhang zwischen sich rasch verändernden Rahmenbedingungen und dem Wandel von Unternehmensstrukturen und -strategien in der Industrie zu untersuchen. Als zentrale Bereiche, die einen wesentlichen...

Die Studie "Der Maschinenbau im Zeitalter der Globalisierung und New Economy" wurde vom ifo Institut in Zusammenarbeit mit dem Frauenhofer Institut für System- und Innovationsforschung erstellt. Gegenstand der Studie ist die Entwicklung des deutschen Maschinenbaus mit den Veränderungen durch...