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Network externalities, dominant value margins, and equilibrium uniqueness
Choi, Jay Pil; Stefanadis, Christodoulos - 2022
We examine tippy network markets that accommodate price discrimination. The analysis shows that when a mild equilibrium refinement, the monotonicity criterion, is adopted, network competition may have a unique subgame-perfect equilibrium regarding the winner's identity; the prevailing brand may...
Persistent link: https://www.econbiz.de/10013183784
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Standards Coalitions Formation and Market Structure in Network Industries
Economides, Nicholas; Skrzypacz, Andrzej - 2008
standards coalition in the first stage of a game, and play an oligopoly game in the second stage. In adding itself to a …
Persistent link: https://www.econbiz.de/10014031205
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Happily ever after? - vertical and horizontal mergers in the U.S. media industry
Stöhr, Annika; Noskova, Victoriia; Kunz-Kaltenhäuser, … - 2019
media content, including the AT&T-Time Warner and the Disney-Fox mergers. Using a theory-driven approach, we examine …This paper provides an economic analysis of recent vertical and horizontal mergers in the U.S. industry for audiovisual … economic effects of these types of mergers on market competition, focusing on digital media content distribution. In doing so …
Persistent link: https://www.econbiz.de/10012011207
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Competitive pressure and corporate crime : conference paper
Baumann, Florian; Friehe, Tim - 2014
industry (i.e., lower entry costs) reduce the crime rate. Furthermore, whether more intense competition due to the increased …
Persistent link: https://www.econbiz.de/10010486053
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Media market concentration, advertising levels, and ad prices.
Anderson, Simon P.; Foros, Øystein; Kind, Hans Jarle; … - Institutt for samfunnsøkonomi, Norges Handelshøyskole … - 2011
Standard media economics models imply that increased platform competition decreases ad levels and that mergers reduce … assumptions that there is no advertising congestion and that viewers single-home. Allowing for crowding in viewer attention spans …
Persistent link: https://www.econbiz.de/10009386423
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Media market concentration, advertising levels, and ad prices
Anderson, Simon P.; Foros, Øystein; Kind, Hans Jarle; … - In: International Journal of Industrial Organization 30 (2012) 3, pp. 321-325
Standard media economics models imply that increased platform competition decreases ad levels and that mergers reduce … assumptions that there is no advertising congestion and that viewers single-home. Allowing for crowding in viewer attention spans …
Persistent link: https://www.econbiz.de/10011051637
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Media Market Concentration, Advertising Levels, and Ad Prices
Anderson, Simon P.; Foros, Oystein; Kind, Hans Jarle; … - CESifo - 2011
Standard media economics models imply that increased platform competition decreases ad levels and that mergers reduce … assumptions that there is no advertising congestion and that viewers single-home. Allowing for crowding in viewer attention spans …
Persistent link: https://www.econbiz.de/10009645230
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Stars in social media: new light through old windows?
Gänßle, Sophia; Budzinski, Oliver - 2019
We review the economics of superstars, originally developed for stars in traditional media, and discuss whether they are applicable for the (allegedly) novel phenomenon of stars in social media (influencer, micro-celebrities). Moreover, we analyse potentially new factors for creating social...
Persistent link: https://www.econbiz.de/10011994966
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The limited liability effect in experimental duopoly markets
Oechssler, Joerg; Schuhmacher, Frank - 2001
competition. We find that leverage has strategic effects, but those effects are much weaker than predicted by theory. Specifically … predicted by theory. It appears that subjects recognize the strategic effects of their own debt. However, they do not (want to …
Persistent link: https://www.econbiz.de/10011539878
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Why do cloud providers prefer renting to selling? : a supply side perspective
Fujisawa, Chieko; Kasuga, Norihiro - 2019
Expansion of the cloud computing market, a major reform in information and communication technology (ICT), has attracted wide attention. From the perspective of companies that need cloud services, if access to cloud spreads is available on rent instead of sales, initial investment cost will...
Persistent link: https://www.econbiz.de/10012153897