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Platform markets are characterized by the existence of indirect network effects that connect two or more market sides through a platform that internalizes these feedback effects. Conventional instruments of market definitions which consider price levels cannot easily applied in case of two-sided...
Persistent link: https://www.econbiz.de/10011624148
prices and advertising tariffs. We build on the work of Gabszewicz, Laussel and Sonnac (2001, 2002), whose model we take as …), cover prices are positive and the minimal differentiation outcome does not depend on the size of the advertising market. We … to cooperate in setting cover prices and advertising tariffs but not the editorial line …
Persistent link: https://www.econbiz.de/10010905448
prices and advertising tariffs. We build on the work of Gabszewicz, Laussel and Sonnac (2001, 2002), whose model of … setting cover prices and advertising tariffs but not the editorial line. We also show that, whatever the form of collusion …, incentives to collude first increase, then decrease as advertising revenues per reader increase. …
Persistent link: https://www.econbiz.de/10010678536
This paper explores the effects that collusion can have in newspaper markets where firms compete for advertising as … well as for readership. We compare three modes of competition: i) competition in the advertising and the reader market, ii …) semi-collusion over advertising (with competition in the reader market), and iii) (full) collusion in both the advertising …
Persistent link: https://www.econbiz.de/10008784593
outlets sell content and advertising space. Consumer preferences are distributed along the style and type of news coverage … dimensions occurs due to the discrete nature of the type dimension and asymmetric advertising markets. …
Persistent link: https://www.econbiz.de/10011051638
set cover prices and advertising tariffs. We build on the work of Gabszewicz, Laussel and Sonnac (2001, 2002), whose model … cooperate in setting cover prices and advertising tariffs but not the editorial line. We also show that, whatever the form of … collusion, incentives to collude first increase, then decrease as advertising revenues per reader increase. …
Persistent link: https://www.econbiz.de/10011093193
set cover prices and advertising tariffs. We build on the work of Gabszewicz, Laussel and Sonnac (2001, 2002), whose model … cooperate in setting cover prices and advertising tariffs but not the editorial line. We also show that, whatever the form of … collusion, incentives to collude first increase, then decrease as advertising revenues per reader increase. …
Persistent link: https://www.econbiz.de/10011091765
Despite still being younger than a decade, the theory of multisided market has offered numerous valuable insights for the analysis of industries in which a supplier serves two distinct customer groups that are indirectly interrelated by externalities. Examples include payment systems, matching...
Persistent link: https://www.econbiz.de/10010321669
enter into that question against the background that the traditional public service broadcasting system (i.e. television and …
Persistent link: https://www.econbiz.de/10010321677
Media markets recently have been identified as multisided markets. The application of the theory of multisided markets provides a better understanding of such markets. It enriched the hitherto economic approach and led to new insights and perspectives especially for the antitrust authorities...
Persistent link: https://www.econbiz.de/10010321700