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
Persistent link: https://www.econbiz.de/10009324939
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
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 investigates the effect of remittances in attracting U.S. foreign direct investment flows to Latin America and the Caribbean (LAC). It uses an unbalanced panel data set for fifteen countries covering the period 1983-2010. The results suggest a positive and significant impact of...
Persistent link: https://www.econbiz.de/10010880658
We develop a model of product differentiation in which firms strategically compete in product quality and advertising intensity. Products exhibit a combination of vertical and horizontal differentiation. A consumer’s utility has a stochastic relationship with quality, but they are more likely...
Persistent link: https://www.econbiz.de/10010933282