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The paper focuses on the cost characteristics of Internet technology and on the question whether there are monopolistic … bottlenecks in Internet services which justify regulatory intervention into the market. The analysis is prompted by a discussion … of the cost characteristics of the Internet, which could be the source of monopolistic bottlenecks in Internet services …
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The "net neutrality" principle has triggered a heated debate and advocates have proposed policy interventions. In this paper, we provide perspective by framing issues in terms of the positive economic factors at work. We stress the incentives of market participants, and highlight the economic...
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Large platform companies increasingly integrate vertically by building Internet infrastructure. These proprietary …
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The Internet can affect advertising expenditures through various channels. Although the traditional news media … and offline advertising complements. The impact of the Internet on advertising expenditures is also uncertain because the … advertising equilibrium prices. This paper quantifies the effect of the increase in Internet use on advertising expenditures for …
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