Showing 1 - 10 of 6,547
The related phenomena of learning curve and network effects are quite common in oligopolistic markets. In this context the present paper discusses the incentives of a technological leader to share its exclusive technology with potential competitors. An alliance may be preferable because partner...
Persistent link: https://www.econbiz.de/10010222405
This paper investigates the competition between vertically differentiated platforms in two-sided markets. We assume the presence of two competing platforms producing either higher- or lower-quality devices for consumers. Each platform decides the price of its hardware device for consumers and...
Persistent link: https://www.econbiz.de/10012904109
The presence of multiple sellers in the provision of (non-substitutable) complementary goods leads to outcomes that are worse than those generated by an integrated monopoly, a problem also known as "tragedy of the anticommons". In this paper we identify some conditions under which the tragedy is...
Persistent link: https://www.econbiz.de/10014212971
, it later “tips” to monopoly, after which entry is hard, often even too hard given incompatibility. And while switching … costs can encourage small-scale entry, they discourage sellers from raiding one another's existing customers, and so also … discourage more aggressive entry. Because of these competitive effects, even inefficient incompatible competition is often more …
Persistent link: https://www.econbiz.de/10014024585
which entry is hard, often even too hard given incompatibility. And while switching costs can encourage small-scale entry …, they discourage sellers from raiding one another's existing customers, and so also discourage more aggressive entry …
Persistent link: https://www.econbiz.de/10014026899
Persistent link: https://www.econbiz.de/10014026985
The existing literature suggests that an incumbent monopolist supplier of a network good can successfully deter entry … to play its preemptive role to deter entry, the monopolist can deter entry, strategically by revealing its R … entry deterrence is welfare reducing …
Persistent link: https://www.econbiz.de/10014029130
and the possibility of side payments. With incompatibility, entry deterrence occurs for sufficiently strong network …
Persistent link: https://www.econbiz.de/10014029696
specifications, full incompatibility and preemption are again observed at the equilibrium. With incompatibility, entry deterrence …
Persistent link: https://www.econbiz.de/10013124727
We study the effects of competition and interoperabilty in platform markets. To do so, we adopt an approach of competition in net fees, which is well-suited to situations where users pay additional charges, after joining, for on-platform interactions. Compared to other approaches, net fees...
Persistent link: https://www.econbiz.de/10013323426