Showing 1 - 10 of 13,598
Persistent link: https://www.econbiz.de/10003331847
Persistent link: https://www.econbiz.de/10003858476
In this paper, we analyze the impact of cooperation on R&D investments in a two-sided market, where platforms compete in quantities. We show that if indirect externalities are of a moderate magnitude, the threshold degree of spillovers above which cooperation spurs R&D investments and enhances...
Persistent link: https://www.econbiz.de/10013053397
Strategic interactions between two-sided platforms depend not only on whether their decision variables are strategic complements or substitutes as for one-sided firms, but also - and crucially so - on whether or not the platforms subsidize one side of the market in equilibrium. For example, with...
Persistent link: https://www.econbiz.de/10012721228
competition among counties. The present paper highlights the situation in which the citizens of two countries have the opportunity …
Persistent link: https://www.econbiz.de/10011482449
What determines structure and profitability across markets for goods and services? Understanding the relationship between market structure and performance is critical for determining effective economic policy governing anti-trust, intellectual property, industry regulation, and international...
Persistent link: https://www.econbiz.de/10010250677
depends on the type of competition (Bertrand or Cournot) in the sale stage. If the product market is characterized by Bertrand … competition (price setting), then lower qualities will be chosen under sequential quality choice than under simultaneous quality … choice. Although qualities may be strategic complements or substitutes, depending on the type of product market competition …
Persistent link: https://www.econbiz.de/10014083128
We experimentally investigate how players with opposing views compete for influence through strategic targeting in networks. We varied the network structure, the relative influence of the opponent, and the heterogeneity of the nodes' initial opinions. Although most players adopted a...
Persistent link: https://www.econbiz.de/10015069374
I study the properties of optimal long-term contracts in an environment in which the agent.s type evolves stochastically over time. The model stylizes a buyer-seller relationship but the results apply quite naturally to many contractual situations including regulation and optimal...
Persistent link: https://www.econbiz.de/10003782114
Persistent link: https://www.econbiz.de/10001786457