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Both sides of a two-sided market are usually modeled as markets without product differentiation. Often however, it will be profit maximizing to differentiate one or two sides in two or more types. In a simple theoretical model, inspired by Yellow Pages, we show that this decision crucially...
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advertising space in the secondary market. Furthermore, the media firm is assumed to choose a continuous quality level for …
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Newspapers have an incentive to moderate their profile in order to gain a larger readership and thus higher advertising …
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Newspapers are two-sided platforms that sell their product both to readers and advertisers. Media firms in general, and newspapers in particular, are considered important providers of information, culture and language in most countries. Newspapers are therefore given preferential tax treatment....
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This paper develops a theory of oligopoly and markups in general equilibrium. Firms compete in a network of product …
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We consider a software vendor first selling a monopoly platform and then an application running on this platform. He …
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