Showing 1 - 10 of 467
We investigate how information goods are priced and diffused over links in a network. A new equivalence relation between nodes captures the effects of network architecture and locations of sellers on the division of profits, and characterizes the topology of competing (and potentially...
Persistent link: https://www.econbiz.de/10012806313
We develop a model of contests on networks. Each player is “connected” to a set of contests and exerts a single effort to increase the probability of winning each contest to which she is connected. We characterize equilibria under the Tullock contest success function and explore how behavior...
Persistent link: https://www.econbiz.de/10012919103
We study competitive behavior in all-pay Tullock (1980) contests with identity-dependent externalities (IDEs) governed by a fixed network. First, we introduce a model of network contest games, in which the prize generates an externality---which may be positive or negative---that impacts each...
Persistent link: https://www.econbiz.de/10013218632
Suppose markets and firms are connected in a bi-partite network, where firms can only supply to the markets they are connected to. Firms compete a la Cournot and decide how much to supply to each market they have a link with. We assume that markets have linear demand functions and firms have...
Persistent link: https://www.econbiz.de/10008811029
In this article, we analyze the dynamic competition between two platform firms (A&B) in two-sided markets with network externalities. In Period 1, platform A or B wins the contest in a first stage and can serve the two-sided market monopolistically in a second stage. In Period 2, the two...
Persistent link: https://www.econbiz.de/10012982861
Suppose markets and firms are connected in a bi-partite network, where firms can only supply to the markets they are connected to. Firms compete a la Cournot and decide how much to supply to each market they have a link with. We assume that markets have linear demand functions and firms have...
Persistent link: https://www.econbiz.de/10014205788
We investigate the welfare effect of increasing competition in an anonymous two-sided matching market, where matched pairs play an infinitely repeated Prisoner's Dilemma. Higher matching efficiency is usually considered detrimental as it creates stronger incentives for defection. We point out,...
Persistent link: https://www.econbiz.de/10013333575
This paper studies pre-match investment competition with upper and lower bounds on feasible transfers to sellers in a general signaling environment, where the types of buyers and sellers are private information and the surplus may depend on both types and investments. Bounded transfers create...
Persistent link: https://www.econbiz.de/10012893777
I model access to influence as a two-sided matching market between a continuum of experts and two vertically differentiated gatekeepers under sequential directed search. Real-world examples include academic publishing, venture capital, job search or political agenda setting. The equilibrium is...
Persistent link: https://www.econbiz.de/10012852213
We investigate a model in which a monopoly supplier distributes two types of its product through a traditional retailer with a wholesale price contract and an online retailer with an agency contract. Because such an agency contract eliminates the double marginalization problem, the online...
Persistent link: https://www.econbiz.de/10013234902