Showing 1 - 10 of 303
courts' underlying economic paradigm regarding the assessment of monopoly power in 'New Economy Network Markets' was strongly … Microsoft's monopoly as it was claimed by the courts within their 'applications barrier to entry' theory. I claim that current …
Persistent link: https://www.econbiz.de/10003958724
We study optimal experimentation by a monopolistic platform in a two-sided market framework. The platform provider faces uncertainty about the strength of the externality each side is exerting on the other. It maximizes the expected present value of its profit stream in a continuous-time...
Persistent link: https://www.econbiz.de/10009381848
We study optimal experimentation by a monopolistic platform in a two-sided market. The platform provider is uncertain about the strength of the externality each side is exerting on the other. Setting participation fees on both sides, it gradually learns about these externalities by observing...
Persistent link: https://www.econbiz.de/10010518802
monopoly, analysing questions of introductory pricing and quantity rationing. The model suggests that neither of these two … instruments is able to explain why we see so much free software in the markets. -- software monopoly ; lagged network externality …
Persistent link: https://www.econbiz.de/10009725487
We study optimal experimentation by a monopolistic platform in a two-sided mar- ket. The platform provider faces uncertainty about the strength of the externality each side is exerting on the other. It maximizes the expected present value of its profit stream in a continuous-time...
Persistent link: https://www.econbiz.de/10011490256
the intensity of network effects, and that a discriminating monopoly may supply large quantities for all consumers than a …
Persistent link: https://www.econbiz.de/10011560594
addition, the paper finds that it is feasible in the monopoly optimum that the bundle for low-demand agents is more expensive …
Persistent link: https://www.econbiz.de/10010487752
or indirect) effect. We study how network effects impact monopoly power, how the deadweight loss decomposes between …
Persistent link: https://www.econbiz.de/10012823174
We consider a heretofore unexplored explanation for why platforms, such as Internet service providers, might impose download limits on content consumers: doing so increases the degree to which those consumers view content providers products as substitutes. This, in turn, intensifies competition...
Persistent link: https://www.econbiz.de/10013056149
We study optimal experimentation by a monopolistic platform in a two-sided market. The platform provider is uncertain about the strength of the externality each side is exerting on the other. Setting participation fees on both sides, it gradually learns about these externalities by observing...
Persistent link: https://www.econbiz.de/10013022496