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Market integration and network industries
Ana, MAULEON; Vincent, VANNETELBOSCH; Cecilia, VERGARI - Institut de Recherche Économique et Sociale (IRES), … - 2008
What is the effect of product market integration on the market equilibrium in the presence of international externalities in consumption ? To address this question, we set up a spatial two-country model and we find that the economic forces at work may have an ambiguous effect on prices.
Persistent link: https://www.econbiz.de/10004984775
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Compatibility Choice in vertically differentiated technologies
Filomena, GARCIA; Cecilia, VERGARI - Institut de Recherche Économique et Sociale (IRES), … - 2008
We analyse firms’ incentives to provide two-way compatibility between two network goods with different intrinsic … price competition as well as the compatibility choice. The final degree of compatibility allows firms to manipulate the … overall differentiation. Under weak network effect, full compatibility may arise : the low quality firm has higher incentives …
Persistent link: https://www.econbiz.de/10004984739
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Compatibility choice in vertically differentiated technologies
GARCIA, Filomena; VERGARI, Cecilia - Center for Operations Research and Econometrics (CORE), … - 2008
We analyse firms' incentives to provide two-way compatibility between two network goods with different intrinsic … price competition as well as the compatibility choice. The final degree of compatibility allows firms to manipulate the … overall differentiation. Under weak network effect, full compatibility may arise: the low quality firm has higher incentives …
Persistent link: https://www.econbiz.de/10005043281
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Horizontal mergers, cost savings, and network effects
Cosnita‐Langlais, Andreea; Rasch, Alexander - In: Bulletin of Economic Research 75 (2022) 1, pp. 65-82
We consider a horizontally differentiated oligopoly and investigate the relationship between merger cost savings and network effects for the incentives of firms to merge and for the postmerger welfare outcomes. We show that it is more profitable to be an insider rather than an outsider of the...
Persistent link: https://www.econbiz.de/10014504217
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Horizontal mergers, cost savings, and network effects
Cosnita-Langlais, Andreea; Rasch, Alexander - In: Bulletin of economic research 75 (2023) 1, pp. 65-82
Persistent link: https://www.econbiz.de/10014304659
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Credence, goods and product differentiation
GABSZEWICZ, Jean J.; RESENDE, Joana - Center for Operations Research and Econometrics (CORE), … - 2011
This paper analyses price competition between two firms producing horizontally and vertically differentiated goods. These are assumed to be credence goods, as consumers can hardly ascertain the quality of the commodities. We provide sufficient conditions for the existence of a unique price...
Persistent link: https://www.econbiz.de/10010610483
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Information and Quality in Expanding Markets
Alcalá, Alcalá Francisco; González Maestre, … - Fundación BBVA - 2010
Can an increasing number of firms and brands exacerbate problems related to asymmetric information on product quality?. This working paper analyzes this trade-off between variety and information using Salop's (1979) framework by introducing quality uncertainty and a simple information diffusion...
Persistent link: https://www.econbiz.de/10008685260
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The perpetual trouble with network products: Why IT firms choose partial compatibility
Stadler, Manfred; Tobler Trexler, Céline; Unsorg, … - 2021
Compatibility of network products is an important issue in markets for communication technology as well as hard- and … product compatibility. We present a strategic two-stage game of two firms deciding strategically or commonly on the degree of … product compatibility in the first stage and on prices in the second stage. Indeed, partial compatibility constitutes a …
Persistent link: https://www.econbiz.de/10012605701
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The perpetual trouble with network products : why IT firms choose partial compatibility
Stadler, Manfred; Tobler Trexler, Céline; Unsorg, … - 2021
Compatibility of network products is an important issue in markets for communication technology as well as hard- and … product compatibility. We present a strategic two-stage game of two firms deciding strategically or commonly on the degree of … product compatibility in the first stage and on prices in the second stage. Indeed, partial compatibility constitutes a …
Persistent link: https://www.econbiz.de/10012602284
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Application compatibility and affiliation in two-sided markets
Maruyama, Masayoshi; Zennyo, Yusuke - In: Economics Letters 130 (2015) C, pp. 39-42
This paper analyzes the unilateral choices of application compatibility by platforms and the endogenous affiliations of … application compatibility is not an equilibrium unless the cost for achieving application compatibility is zero. We also find that … chooses compatibility and that, these asymmetric equilibria are harmful both to the content providers and to users, compared …
Persistent link: https://www.econbiz.de/10011263393