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We compare a discriminatory pricing regime with a non-discriminatory regime in a competitive bottleneck model where content providers endogenously sort into single or multi-homers. We find that consumer prices rise when the share of single-homers increases in the non-discriminatory case, while...
Persistent link: https://www.econbiz.de/10011630878
We compare a discriminatory pricing regime with a non-discriminatory regime in a competitive bottleneck model where content providers endogenously sort into single or multi-homers. We find that consumer prices rise when the share of single-homers increases in the non-discriminatory case, while...
Persistent link: https://www.econbiz.de/10011630981
over to non-software platforms and, partially, to upstream and downstream firms. The model also explains why Microsoft …
Persistent link: https://www.econbiz.de/10011345756
We empirically investigate the relevance of multi-homing in two-sided markets. First, we build a micro-founded structural econometric model that encompasses demand for differentiated products and allows for multi-homing on both sides of the market. We then use an original dataset on the Italian...
Persistent link: https://www.econbiz.de/10012664715
We empirically investigate the relevance of multi-homing in two-sided markets. First, we build a micro-founded structural econometric model that encompasses demand for differentiated products and allows for multi-homing on both sides of the market. We then use an original dataset on the Italian...
Persistent link: https://www.econbiz.de/10012607419
economic models have been adapted to incorporate novel aspects made relevant by the Internet. This literature can be divided … roughly into two categories: broad-brush study of the competition between platforms and more fine-grained study of the ways in … which users and platforms interact with one another. The former focuses on extending oligopoly theory to include â …
Persistent link: https://www.econbiz.de/10011141075
affecting the level of investment …
Persistent link: https://www.econbiz.de/10012778011
suppliers' profits. In the specific setting of this paper, I show that when the competition is perfect, an investment in … transmission capacity between zones (inter Transmission System Operator (TSO) investment) and an investment in production capacity … generate the same equilibrium outcome allocations. In contrast, when the competition is imperfect, an inter TSO investment and …
Persistent link: https://www.econbiz.de/10012952987
suppliers' profits. In the specific setting of this paper, I show that when the competition is perfect, an investment in … transmission capacity between zones (inter Transmission System Operator (TSO) investment) and an investment in production capacity … generate the same equilibrium outcome allocations. In contrast, when the competition is imperfect, an inter TSO investment and …
Persistent link: https://www.econbiz.de/10011633664
Investments in Generating Capacities between a monopolist and two competing firms are compared where the firms invest in their capacity and fix the retail price while electricity demand is uncertain. A unit price auction determines the wholesale electricity price when the firms compete. They...
Persistent link: https://www.econbiz.de/10014075437