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Chapter 2. The Advertising-Financed Business Model in Two-Sided Media Markets
Anderson, Simon P.; Jullien, Bruno - 2015
This chapter focuses on the economic mechanisms at work in recent models of advertising finance in media markets …, and to clarify the conceptual aspects. The chapter first develops a canonical model of two-sided markets for advertising … advertising markets, and concrete issues such as congestion and second-degree discrimination. The second part is devoted to recent …
Persistent link: https://www.econbiz.de/10014025251
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A Path To Consumer Surplus & Loyalty : How Path Dependent Products Result in Lower Prices and Order-Dependent Consumer Loyalty
Akhundjanov, Sherzod - 2018
In the technology and design industries, one product builds on another: a smart television enhances a smart phone …
Persistent link: https://www.econbiz.de/10012936580
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Choosing whether to compete : price and format competition with consumer confusion
Crosetto, Paolo; Gaudeul, Alexia - 2014
We run a market experiment where firms can choose not only their price but also whether to present comparable offers. They are faced with artificial demand from consumers who make mistakes when assessing the net value of products on the market. If some offers are comparable however, some...
Persistent link: https://www.econbiz.de/10010433911
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On the (Mis-) Alignment of Consumer and Social Welfare in Markets with Network Effects
Suleymanova, Irina; Wey, Christian - 2008
We analyze duopoly Bertrand competition under network effects. We consider both incompatible and compatible products. Our main result is that network effects create a fundamental conflict between the maximization of social welfare and consumer surplus whenever products are incompatible. While...
Persistent link: https://www.econbiz.de/10014217962
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Spatial Competition with Network Effects
Liu, Fang - 2022
In this paper, I study the competition of platforms which offer differentiated products à la Hotelling in the presence of network effects when the location choices are endogenous. I mainly find that undermill pricing policy and unbalanced competition, a tendency of agglomeration emerges in...
Persistent link: https://www.econbiz.de/10014082002
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Welfare implications of personalized pricing in competitive platform markets : the role of network effects
Lu, Qiuyu; Matsushima, Noriaki; Shekhar, Shiva - 2024
This study explores the welfare impact of personalized pricing for consumers in a duopolistic two-sided market, with consumers single-homing and developers affiliating with a platform according to their outside option. Personalized pricing, which is private in nature, cannot influence...
Persistent link: https://www.econbiz.de/10014490912
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The welfare effects of third-degree price discrimination in a differentiated oligopoly
Adachi, Takanori; Matsushima, Noriaki - 2011
-degree price discrimination in oligopoly. By deriving linear demand from a representative consumer´s utility and focusing on the … better off by switching from uniform pricing to price discrimination. -- Third-Degree Price Discrimination ; Oligopoly …
Persistent link: https://www.econbiz.de/10008932976
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Consumer Privacy in Oligopolistic Markets : Winners, Losers, and Welfare
Taylor, Curtis R. - 2015
losers from potential privacy regulation in the context of four commonly-used oligopoly models: a linear city model, a …
Persistent link: https://www.econbiz.de/10013025793
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Competing for Strategic Buyers
Meisner, Vincent - 2018
and oligopoly, if and only if a monopolist (with or without commitment power) optimally sells her capacity with …
Persistent link: https://www.econbiz.de/10012924228
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Quantity Competition in the Presence of Strategic Consumers
Bazhanov, Andrei V. - 2015
Oligopolistic retailers decide on the initial inventories of an undifferentiated limited-lifetime product offered to strategic consumers. A manufacturer sets the first-period (full) price, while the second-period (clearance) price is determined by a market clearing process. The resulting...
Persistent link: https://www.econbiz.de/10013034504