La telefonía IP es percibida como una oportunidad para introducir fuerzas competitivas en el mercado de la telefonía. Sus bajos niveles de inversión requeridos cuando se utiliza una red de acceso existente, su capacidad de integrar nuevos servicios y la “nomadicidad” son sus principales...

This article examines antitrust analysis when one of the possible subject products of an antitrust or merger is ordinarily offered at a zero price. It shows that businesses often offer a product for free because it increases the overall profits they can earn from selling the free product and a...

Traditionally, magazines have operated in a two-sided market, serving two groups of customers at the same time: readers and advertisers. With the rise of the Internet, further demand channels have been explored: readers can now access much of the contents also on the magazine's website, which in...

It has been argued that internet search is a two-sided process where consumer and advertiser demand form a feedback loop, an effect that has contributed to high concentration in newspapers, yellow pages and the magazine industries. This paper employs a simultaneous equations model to test for a...

Software producers are making greater use of customer error reporting to discover defects and improve the quality of their products. We study how software development differences among producers (e.g., varying levels of process maturity) and software class and functionality differences (e.g.,...

This paper uses a dynamic stochastic model to solve for the optimal pricing policy of the music recording companies in the presence of P2P file-sharing networks eroding their CD sales. We employ a policy iteration algorithm on a discretized state space to numerically compute the optimal price...

In this paper, we consider the competition of providers of information products against P2P networks that offer illegal versions of the information products. Depending on the generic cost factor of downloading — incorporating factors including, among other things, the degree of legal...

We present an information good pricing model with persistently heterogeneous consumers and a rising marginal propensity for them to pirate. Three offsetting pricing mechanisms occur: skimming, compressing price changes, and delaying product launch. We identify a novel trade off in piracy's...

Some critics oppose ICANN’s authorization of closed gTLDs, claiming they could be anticompetitive because closed domain registry operators would have monopoly control over generic TLDs of potentially broad appeal. But this misstates competition on the Internet. But closed gTLDs would provide...