Showing 1 - 10 of 1,906
Computer-owners combine complementary goods to a computer-system. They exchange data with others and between different applications. These interdependencies lead to three different network effects, which are explained in the framework of Hotelling models. In the framework of a one-dimensional...
Persistent link: https://www.econbiz.de/10009277780
The effect of property rights allocation on characteristics of the vertically integrated company and properties of the corresponding market equilibria are studied. It is shown that partial integration can induce inefficient super-monopolistic market equilibria and unbalance in the functioning of...
Persistent link: https://www.econbiz.de/10011113230
We discuss and evaluate the incentives for vertical expansion and vertical mergers in the payments systems industry paying particular attention to the implications of the existence of network effects in this industry. We assess the incentives of large merchants to extend vertically into payments...
Persistent link: https://www.econbiz.de/10005760657
Persistent link: https://www.econbiz.de/10009324939
This paper is concerned with the question of how to deal with Google Shopping’s position on online markets in order to prevent harm to public welfare. From the perspective of sellers and buyers of goods and services in Germany, Google can be seen as a gatekeeper to the Internet and thus as an...
Persistent link: https://www.econbiz.de/10011123609
ILO pub. Working paper on employment creation and choice of technology of multinational enterprises in developing countries, comprising a literature survey and a case study of Brazil - examines the theoretical background; based on a sample survey (1974-1978), discusses ownership, technical...
Persistent link: https://www.econbiz.de/10010967019
This book provides a rigorous course to the theory of intermediate microeconomics. It includes not only the basic … traditional theory, but also a ¡°From the Literature¡± box in each chapter directing students to applications of the theory. The … theory is developed axiomatically, with optional sections using one-variable calculus included for interested readers. A …
Persistent link: https://www.econbiz.de/10011156361
In ihrem Kommentar weisen Ferdinand Dudenhöffer und Wolfgang Schneider, CAR-Center Automotive Research an der Universität Duisburg-Essen, auf den Wettbewerbsvorsprung der USA beim »automatisiertes Fahren« hin. Die branchenspezifischen Voraussetzungen, um in Deutschland beim neuen Markt für...
Persistent link: https://www.econbiz.de/10011249551
This paper modifies the heterogenous firms and trade model by Melitz (2003) by explicitly modelling the entry cost of a firm in a new market as a function of market size. This leads to several new predictions compared to the standard model: The productivity of non exporters and exporters depends...
Persistent link: https://www.econbiz.de/10005504343
This paper analyses how increased R&D expenditures and market size influence the distribution of comparative advantage. Previous studies report ambiguous results and also refer to periods when markets where much more segmented and production factors less mobile. The empirical analysis comprises...
Persistent link: https://www.econbiz.de/10005511722