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Understanding Intra-Regional Transport : Competition in Road Transportation between Malawi, Mozambique, South Africa, Zambia, and Zimbabwe
Vilakazi, Thando - 2017
the structure of markets, competition, and prices and costs of road transportation between urban hubs in Malawi … and control of access to loads by large brokers continue to negatively affect competition and efficiency …
Persistent link: https://www.econbiz.de/10012961797
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Streaming Platform and Strategic Recommendation Bias
Bourreau, Marc - 2019
We consider a streaming platform which carries content from various upstream content providers. Participating customers face personalized recommendations from the platform and consume a mix of content originating from each provider. We analyze when the platform uses its personalized...
Persistent link: https://www.econbiz.de/10012892194
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Beyond the Doomsday Economics of 'Proof-of-Work' in Cryptocurrencies
Auer, Raphael - 2019
This paper discusses the economics of how Bitcoin achieves data immutability, and thus payment finality, via costly computations, ie "proof-of-work". Further, it explores what the future might hold for cryptocurrencies modelled on this type of consensus algorithm. The conclusions are, first,...
Persistent link: https://www.econbiz.de/10012893259
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Two-Sided Platforms and Biases in Technology Adoption
Choi, Jay Pil - 2020
-negative pricing constraint binds or not. Our results provide a rationale for a tougher competition policy to curb concentration if … competition authorities put more weight on consumer surplus in welfare calculations …
Persistent link: https://www.econbiz.de/10012822500
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What Is Workable Competition, Anyway (and Why Should We Care)
Isser, Steve N. - 2016
The necessity for some form of a model of workable competition is the impossibility of a perfectly competitive market …. Yet, in economic regulation and antitrust, judgments must be made whether a market is sufficiently competitive to justify … workable competition is analytically intractable. Therefore, a real world economist needs to rely on descriptive analysis of …
Persistent link: https://www.econbiz.de/10012978117
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An Economic Analysis of the Bitcoin Payment System
Huberman, Gur - 2020
users from monopoly pricing. Competition among service providers within the platform and free entry imply no entity can …
Persistent link: https://www.econbiz.de/10012853859
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The Economics of Television and Online Video Markets
Crawford, Gregory S. - 2015
Television is the dominant entertainment medium for hundreds of millions. This chapter surveys the economic forces that determine the production and consumption of this content. It presents recent trends in television and online video markets, both in the US and internationally, and describes...
Persistent link: https://www.econbiz.de/10013020057
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The Spectrum Crunch is Dead, Long Live Spectrum Demand
Williamson, Brian - 2015
The assessment of future mobile data and spectrum demand is an important policy and business strategy question. The orthodox approach to these linked questions starts from a mobile data traffic projection to infer spectrum demand and value. However, future mobile data demand is uncertain, and...
Persistent link: https://www.econbiz.de/10013020569
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Mobile Value, Spectrum and Data Demand - A Bootstrap Approach
Williamson, Brian - 2016
This paper explores a bootstrap modelling approach to estimating the value of mobile, spectrum and data demand. A mobile data forecast is not required, since data growth is modelled endogenously. The approach also dispenses with the notion of a “spectrum crunch” since data demand responds to...
Persistent link: https://www.econbiz.de/10012988277
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Análisis De Los Criterios De Eficiencia Económica Y Calidad Para La Determinación De Las Tarifas Del Sector Eléctrico En Colombia (Analysis of the Economic Efficiency and Quality C...
Garcia, John - 2014
Spaniish Abstract: El tema de la eficiencia económica y de la calidad tiene gran importancia en la teoría económica, los cuales son objeto de la intervención del Estado a través de la regulación económica de las empresas prestadoras de los servicios públicos que son considerados...
Persistent link: https://www.econbiz.de/10013046745