In markets with imperfect information and heterogeneity, the information technology affects the rate at which agents meet, which in turn affects the distribution of production technologies across firms. We show that in models for such markets there are typically multiple equilibria because...

This study analyzes the progress in information and communication technologies (ICT) in eleven MED countries and how they compare to the rest of the world in terms of sector's sophistication and development. In recent years, most countries of this region opened up their markets for multiple...

Das ifo Institut hat in Zusammenarbeit mit Cambridge Econometrics und Prof. Jan-Egbert Sturm, Universität Konstanz, eine Studie zur "New Economy" in Deutschland erstellt, die die Wirkungsbeziehungen zwischen den Informations- und Kommunikationstechniken (IKT) und der wirtschaftlichen...

In this report we present the definition for a digital platform. We also define what kinds for characteristics and features are associated with platforms and the platform economy. This report provides background information for policy-makers on digital platforms. It also serves as an...

In the EU, most large firms use e-business applications, such as enterprise resource planning and online procurement. Based on e-business watch data for EU-4 (Germany, France, Italy and the United Kingdom) we find that the actual use of enterprise resource planning and online procurement is...

We develop a duopoly model with advertising supported platforms and analyze incentives of a superior firm to license its advanced technologies to an inferior rival. We highlight the role of two technologies characteristic for media platforms: The technology to produce content and to place...

Das ifo Institut hat in Zusammenarbeit mit Cambridge Econometrics und Prof. Jan-Egbert Sturm, Universität Konstanz, eine Studie zur "New Economy" in Deutschland erstellt, die die Wirkungsbeziehungen zwischen den Informations- und Kommunikationstechniken (IKT) und der wirtschaftlichen...