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We study an endogenous growth model where a profit-motivated R and D sector coexists with the introduction of free blueprints invented by philanthropists. These goods are priced at marginal cost, contrary to proprietary ones which are produced by a monopoly owned by the inventor. We show that...
Persistent link: https://www.econbiz.de/10011409970
While the effects of non-geographic aggregation on inference are well studied in economics, research on geographic aggregation is rather scarce. This knowledge gap together with the use of aggregated spatial units in previous firm location studies result in a lack of understanding of firm...
Persistent link: https://www.econbiz.de/10011756609
We examine the pricing trends in the online toy markets by using panel data regression models with error components and serial correlation. Our results indicate that both online branch of multi-channel retailers (OBMCRS) and dotcoms charge similar prices on average, and that over time their...
Persistent link: https://www.econbiz.de/10010295276
We study and contrast pricing and price evolution of online only (Dotcom) and online branch of multi-channel retailers (OBMCRs) based on two panel data sets collected from online toy markets. Panel data regression analyses reveal several interesting empirical results: over time, OBMCRs and...
Persistent link: https://www.econbiz.de/10010302706
This article reviews recent theoretical contributions on digital piracy. It starts by elaborating on the reasons for intellectual property protection, by reporting a few facts about copyright protection, and by examining reasons to become a digital pirate. Next, it provides an exploration of the...
Persistent link: https://www.econbiz.de/10010274976
equilibrium. The results apply to markets for consumer products, labor, intermediate goods, and (public) institutional services, …
Persistent link: https://www.econbiz.de/10010277304
This paper analyzes how household adoption of broadband internet affected traditional print media, using data from the Norwegian media market over the past two decades. This setting offers unusually rich data on newspaper firms and consumption of print media combined with a plausibly exogenous...
Persistent link: https://www.econbiz.de/10012875987
This study aims at identifying guests' willingness to pay for characteristics of listings on Airbnb, putting a particular emphasis on trust-building information provided by the platform. In order to do so, a hedonic regression model is applied to an extensive dataset that was gathered in 2017...
Persistent link: https://www.econbiz.de/10012623726
This paper examines price elasticities on a price comparison website and if there is a discontinuity in demand for retailers having the lowest price, or products having the highest consumer rating. Previous research is extended upon, with a larger, more recent, and more varied dataset, with...
Persistent link: https://www.econbiz.de/10012666074
Online platforms and marketplaces are services that bring consumers and producers together via the internet by … providing consumers direct and instantaneous access to an extensive array of global goods and services and by enabling producers … attests to the societal benefits these services offer to consumers and producers alike. However, some US lawmakers and …
Persistent link: https://www.econbiz.de/10013420972