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connection of two bandwidth-intensive services such as high-speed Internet access and television, and the latency …
Persistent link: https://www.econbiz.de/10010470119
Bundling under monopoly tends to increase demand and market efficiency, but likely at the expense of transferring consumers' surplus to firms. Public utilities can use this increase in demand to reduce the monthly fee per consumer. To demonstrate it, I conduct a numerical analysis of the effects...
Persistent link: https://www.econbiz.de/10010470692
We analyze firms incentives to bundle and tie in the telecommunications industry. As a first step, we develop a discrete-choice demand model where firms sell products that may combine several services in bundles, and consumers choose assortments of different types of products available from...
Persistent link: https://www.econbiz.de/10010470682
social media, the Internet of Things (IoT), 'fake news' and the weaponization of information, to name a few. Unfortunately …
Persistent link: https://www.econbiz.de/10014415133
Persistent link: https://www.econbiz.de/10012098753
This paper will examine legal and marketing implications of certain Internet technological developments impacting … cyberspace technologies and markets, for example, Internet search engines, social networks and wearable devices. The paper … possible by even more advanced Internet connected sensor and related data-based technologies are still a work in progress. At …
Persistent link: https://www.econbiz.de/10010471211
The paper deals with the competitive effects of price guarantees in a spatial duopoly where consumers can search for lower prices but have to incur hassle costs if they want to claim a price guarantee. It is shown that symmetric equilibria with and without price guarantees exist but price...
Persistent link: https://www.econbiz.de/10010337840
We analyze dynamic price competition in a homogeneous goods duopoly, where consumers exchange information via word-of-mouth communication. A fraction of consumers, who do not learn any new information, remain locked-in at their previous supplier in each period. We analyze Markov perfect...
Persistent link: https://www.econbiz.de/10010338373
Persistent link: https://www.econbiz.de/10000991967
Search frictions are classified as a main impediment to active competition in many markets. In some markets, such as in financial and retail gasoline markets, governments and consumer protection agencies call for a compulsory price reporting. Consumers should then more easily compare the firms'...
Persistent link: https://www.econbiz.de/10010487276