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In communication, information, and other industries, three-part tariffs are increasingly popular. A three-part tariff is defined by an access price, an allowance, and a marginal price for any usage in excess of the allowance. Empirical nonlinear pricing studies have focused on consumer choice...
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There is broad international consensus that ex ante regulation is needed to address the market dominance of the very largest digital platforms and that there are benefits to having broadly coherent regulatory approaches across jurisdictions. Regulation in any one jurisdiction will have...
Persistent link: https://www.econbiz.de/10013323158
This paper addresses interoperability a “super tool” to promote and preserve competition in digital platform markets where network effects are strong. As is widely acknowledged, these markets have an inherent tendency towards concentration, leaving consumers with little competition in the...
Persistent link: https://www.econbiz.de/10013323159
We analyze the use of the concepts of fairness and contestability in the Digital Markets Act (DMA) and propose formal definitions rooted in the economic analysis of digital markets as well as the goals of the proposed law. We discuss the implication of these concepts for innovation in digital...
Persistent link: https://www.econbiz.de/10013323160
This paper identifies a set of possible regulations that could be used both to make the search market more competitive and simultaneously ameliorate the harms flowing from Google’s current monopoly position. The purpose of this paper is to identify conceptual problems and solutions based on...
Persistent link: https://www.econbiz.de/10013323161
While private monopolists are generally assumed to maximize profits, the goals of public enterprises are less well known. Using the example of Pennsylvania's state liquor retailing monopoly, we use information on store location choices, prices, wholesale costs, and sales to uncover the goals...
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