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Bork's hoax : antitrust and the internet market
Alleman, James H. - 2021
-sided markets. In addition, we argue that his "consumer welfare" criterion is misleading and liable to deceive, thus the hoax. The … Bork's definition of "consumer welfare" - it includes the economic rents of the firm - all at a cost to consumers … no producer's surplus - the estimated loss of consumers' welfare in $60.4 and $43.7 billion respectively from Google and …
Persistent link: https://www.econbiz.de/10012804859
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Multisided markets and platform dominance
Alleman, James H.; Baranes, Edmond; Rappoport, Paul N. - 2019
markets for their potential for determining consumers' harm and welfare effects, as well as defining monopoly and predatory … pricing in this context. Initial estimates of Google's and Facebook's social cost in terms of consumers' welfare loss are $54 …
Persistent link: https://www.econbiz.de/10012151937
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Excessive targeting
Karle, Heiko; Reisinger, Markus - 2019 - Preliminary version
We consider a market with two symmetric firms and two asymmetric consumer groups. Firms send advertising messages which inform consumers about the existence and the price of their product (Butters, 1977). Targeting a specific consumer is imperfect as with some probability the consumer is not...
Persistent link: https://www.econbiz.de/10012314221
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Multinational firms' organisational dynamics : competition intensity and the ownership decision under uncertainty
Navarro, Leandro Gastón - 2021
I analyse firms organisational choices when they face uncertainty about institutional conditions in foreign locations with heterogeneous final good producers and incomplete contracts. As firms learn about the conditions abroad, the increasing offshoring activity increases competition in the...
Persistent link: https://www.econbiz.de/10013332242
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Horizontal product differentiation with limited attentive consumers
Saur, Marc P.; Schlatterer, Markus G.; Schmitt, … - 2019
We analyze the effects of consumers' limited attention on welfare in a model of horizontal product differentiation. We … limited than under full attention. Consumer surplus and welfare are not maximized under full attention but increase for some …
Persistent link: https://www.econbiz.de/10012287658
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Licensing under vertical product differentiation : price vs. quantity competition
Nguyễn-Thanh-Xuân; Sgro, Pasquale M.; Nabin, Munirul - In: Economic modelling 36 (2014), pp. 600-606
Persistent link: https://www.econbiz.de/10010416344
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How do sanctions work? : the choice between cartel formation and tacit collusion
Andres, Maximilian; Bruttel, Lisa Verena; Friedrichsen, Jana - 2021
This paper analyzes the inner workings of cartels. To understand how sanctioning institutions prevent cartel formation we study their effect on firms' communication in a laboratory experiment. Using machine learning to organize the chat communication into topics, we find that firms are less...
Persistent link: https://www.econbiz.de/10013332300
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Urban size and KIBS vertical disintegration : evidence from Lombardy
Antonietti, Roberto; Cainelli, Giulio - 2012
A recent strand of the economic literature has emphasised the role of services, and in particular knowledge-intensive business services (KIBS), as a primary source of knowledge creation and diffusion. Since this transferring process often occurs through strong face-to-face interactions, the role...
Persistent link: https://www.econbiz.de/10011512739
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Safe harbors for patent infringers : sequential innovation under incomplete patent protection
Zaby, Alexandra; Heger, Diana - 2020 - This version: March 1, 2020
From the viewpoint of an innovator a patent is a tradeoff between the right to exclude others from using the patented matter versus the requirement to disclose it. Given the sequential nature of many innovations, patent induced technology diffusion can spur technological progress. However,...
Persistent link: https://www.econbiz.de/10012438112
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Economies of scale in local communal services : a Hungarian case study : paper presented to the 53th Congress of the European Regional Science Association, Palermo, Italy, August 2...
Czakó, Katalin; Dusek, Tamás; Koppány, Krisztián; … - 2013
Knowledge of whether, and over what range of output, there are economies or diseconomies of scale in providing local communal services is an important question from theoretical, practical and regional political point of view also. The theoretical side of the question is connected to the...
Persistent link: https://www.econbiz.de/10011534536