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Competition reduces prices. But, what is not commonly known is that competition also promotes more products in the same … characteristic of perfect competition: i.e., different models and makes of the same class of product such as refrigerator could … of consumers from this category of buyers. In such a market, perfect competition could not be realised, and the consumer …
Persistent link: https://www.econbiz.de/10014241176
and discriminatory strategies resulting in unfair competition. This harms users' rights, imposes additional costs on users …
Persistent link: https://www.econbiz.de/10014241391
and discriminatory strategies resulting in unfair competition. This harms users' rights, imposes additional costs on users …
Persistent link: https://www.econbiz.de/10014241392
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Platform interoperability is considered a powerful tool to promote competition in digital markets when network effects … are at play. We study the effect of interoperability on competition between two ad-financed platforms, allowing for …
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This paper studies how market competition influences the algorithmic design choices of firms in the context of … to maximize estimated profit. We show that competition may induce firms to strategically choose simpler algorithms which …
Persistent link: https://www.econbiz.de/10014247922
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