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Two-Sided Competition of Proprietary vs. Open Source Technology Platforms and the Implications for the Software Industry

Economides, Nicholas; Katsamakas, Evangelos - 2010

analyze the structure of competition and industry implications in terms of pricing, sales, profitability, and social welfare …

Persistent link: https://www.econbiz.de/10014028740

Two-Sided Market with Spillover : Modeling a City

Shchetinin, Oleg - 2009

The paper explores the analogy between city and two-sided market. It generalizes the results on the pricing strategies of the platform in the two-sided markets for the case when concentration spillover plays an important role. The two-sided market framework is applied to model a city. The paper...

Persistent link: https://www.econbiz.de/10014208548

Real-time pricing in power markets : who gains?

Boom, Anette; Schwenen, Sebastian - 2012

We examine welfare effects of real-time pricing in electricity markets. Before stochastic energy demand is known, competitive retailers contract with final consumers who exogenously do not have real-time meters. After demand is realized, two electricity generators compete in a uniform price...

Persistent link: https://www.econbiz.de/10009666499

Random Encounters and Information Diffusion about Markets

Marini, Marco A. - 2020

International openness enhances social interactions between citizens of different countries or regions and vice versa. Social exchanges, in turn, increase trade flows between countries and influence markets and prices. We analyze the increased mobility that follows from openness between two...

Persistent link: https://www.econbiz.de/10012837021

Bork's hoax : antitrust and the internet market

Alleman, James H. - 2021

Robert Bork's Antitrust Paradox (1978) has been justification for lack of antitrust behavior for over four decades. His test essentially asks if consumers are harmed by the pricing practices of the firm in the market in which they purchase the good or service. Even if these firms are monopoly or...

Persistent link: https://www.econbiz.de/10012804859

Salience, competition, and decoy goods

Herweg, Fabian; Müller, Daniel; Weinschenk, Philipp - 2016

competition by a competitive fringe that produces low quality. We show that the brand manufacturer optimally provides a decoy good …

Persistent link: https://www.econbiz.de/10011557863

Firm Behavior Under Consumer Loss Aversion

Kim, Sang-Hyun - 2014

This survey aims to provide an overview of recent developments in the industrial organization literature that explores the behavior of profit-maximizing firms facing consumers with reference-dependent preferences and loss aversion. We discuss the implications of loss aversion on the practice of...

Persistent link: https://www.econbiz.de/10013050913

Variety, Mergers, and Consumer Well-Being : Towards a Capability Approach to Merger Law

Sturiale, Jennifer E. - 2014

Revisions incorporated into the Horizontal Merger Guidelines in 2010 claim that the Department of Justice and the Federal Trade Commission consider anticompetitive effects to product “variety” when evaluating mergers. The Guidelines do not, however, explain the methodology or tools that can...

Persistent link: https://www.econbiz.de/10014143894

Do Consumers Search for the Highest Price? Oligopoly Equilibrium and Monopoly Optimum in Differentiated Products Markets

Schulz, Norbert; Stahl, Konrad O. - 1998

We develop a model of search among substitutes for the best combination of commodity variant and price, in which the structure of search costs is manipulable by the suppliers of these variants, e.g., by joining an existing market or opening a new one. We analyze the subgame-perfect equilibria...

Persistent link: https://www.econbiz.de/10014110398

Liberalisation of network industries : is electricity an exception to the rule?

Coppens, François; Vivet, David - 2004

the successful introduction of competition in the telecommunications sector. The main reason behind this success is that … telecommunications is in line with micro-economic theory, which predicts an increase in efficiency and lower prices when markets are … opened up to competition. The success in the telecommunications sector is often used as an argument for opening up other …

Persistent link: https://www.econbiz.de/10003285766