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-sharing effect that may relax competition for users, resulting in lower quality of content. More surprisingly, user surplus may also … anti-competitive effect while preserving the diversity effect. When there is competition among third parties, interplatform …
Persistent link: https://www.econbiz.de/10012861485
This paper empirically investigates the advertising competition in the French broadcast television industry within a …, and quantities of advertising of twenty-one TV channels from March 2008 to December 2013. We specify a structural model of … oligopoly competition and identify the shape and magnitude of the feedback loop between TV viewers and advertisers. We also …
Persistent link: https://www.econbiz.de/10012955187
This paper investigates the impact of technical progress on the relationship between competition an investment. Using a … model of oligopoly competition with di¤erentiated products where firms invest to reduce their marginal cost of production, I … competition that maximizes investment of the industry. This feature holds also for consumer surplus and Welfare. In the model …
Persistent link: https://www.econbiz.de/10011957665
In many markets, a handset vendor and a service provider may enter into a tie-up for a handset to be available exclusively through the service provider. We examine when and why a service provider and a handset vendor may find this arrangement mutually profitable. We find that an exclusive tie-up...
Persistent link: https://www.econbiz.de/10013090265
Duopolists selling differentiated products can generate less consumer surplus than a monopoly selling one of the products. In a Hotelling-type model where a monopoly supplies more than half of potential consumers, but not all, entry by a rival leads to a duopoly price that is higher than the...
Persistent link: https://www.econbiz.de/10012724037
This study investigates the profitability of a decrease in the degree of product differentiation. We consider a vertical duopoly with linear tariffs and find that both downstream firms can increase their profit after a decrease in the degree of product differentiation if each downstream firm...
Persistent link: https://www.econbiz.de/10012935743
The Netherlands Authority for Consumers and Markets (ACM) has concluded that competition in the market for SME loans … running their businesses, it is particularly important that there is sufficient competition in the market. A lack of … competition could lead to higher funding costs for SMEs, worse service from banks, and less innovation.ACM has established that …
Persistent link: https://www.econbiz.de/10013003865
homogeneous and heterogeneous product, Cournot, Tullock competition) the Nash-2 equilibrium sets are obtained and considered as … tacit collusion or strong competition in dependence of additional security considerations …
Persistent link: https://www.econbiz.de/10013024415
This paper presents a theoretical model of competition between information intermediaries applied to credit rating … price competition and leads to a two-tier market structure where high (low) quality sellers opt for intermediary with high …
Persistent link: https://www.econbiz.de/10013314253
This article provides an overview of the competitive issues surrounding online platforms. The general theme is that while much has been made of the structural features of online platforms there is little hard evidence that these are durable monopolies. Nonetheless, there are concerns about the...
Persistent link: https://www.econbiz.de/10013321957