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This paper models the competition of user networks as a continuous-time Markov process. It presents a dynamic version of the Discrete Choice Analysis with state-dependent choice probabilities. Among other things, we show that the network competition can be characterized by the coexistence of...
Persistent link: https://www.econbiz.de/10010407091
We analyze strategic interactions between two competing distributors of an independent TV channel. Consistent with most of the relevant markets, we assume that the distributors set end-user prices while the TV channel sets advertising prices. Within this framework we show that the distributors...
Persistent link: https://www.econbiz.de/10013103607
The market for Internet search is not only economically and socially important, it is also highly concentrated. Is this a problem? We study the question whether 'competition is only a free click away'. We argue that the market for Internet search is characterized by indirect network...
Persistent link: https://www.econbiz.de/10013066963
multi-homing, meaning that customers of one platform may also choose to be customers of additional similar platforms. Multi-homing …) these platforms, including whether they should be regulated as utilities. Over the last several years, if there is one issue … which might support a somewhat broad political consensus it is the desire to regulate large internet platforms like Amazon …
Persistent link: https://www.econbiz.de/10012823175
platforms compete—is the need to get both sides on board. The platform cannot operate successfully without a critical mass of …
Persistent link: https://www.econbiz.de/10012927817
mergers, industry standards, market structure and competitive behaviour. The discussion begins by defining network effects and … concerns over the adoption of industry and product standards, mergers in the communications sector, and the pricing of mobile …
Persistent link: https://www.econbiz.de/10012711396
Partly motivated by the recent antitrust investigations concerning Google, we develop a leverage theory of tying in two-sided markets. We analyze incentives for a monopolist to tie its monopolized product with another product in a two-sided market. Tying provides a mechanism to circumvent the...
Persistent link: https://www.econbiz.de/10012980583
This commentary critically reviews a recent paper by Baraldi (2004). It shows that results obtained there are not robust, and may mot hold after the introduction of minor changes in the model structure. It is claimed that this is not a technical point, but relates to the fundamental nature of...
Persistent link: https://www.econbiz.de/10014054347
The market for Internet search is not only economically and socially important, it is also highly concentrated. Is this a problem? We study the question whether "competition is only a free click away". We argue that the market for Internet search is characterized by indirect network...
Persistent link: https://www.econbiz.de/10014043618
Persistent link: https://www.econbiz.de/10014529240