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Our food supply rests on a foundation of agricultural seed. As the world races to meet soaring food demand, the development and control of this fundamental genetic resource will be of critical concern to the entire human community. Seed, once treated as a shared public good and natural resource,...
Persistent link: https://www.econbiz.de/10013044021
interoperability requirements as superior to both regulated monopoly and the break-up of dominant firms. In theory, by compelling firms …
Persistent link: https://www.econbiz.de/10013218961
Many Internet intermediaries operate two-sided networks, that is, they provide platforms to bring together two types of participants, or quot;sides,quot; such as buyers and sellers. This paper develops a model that characterizes the intermediary's pricing in two-sided networks, the value created...
Persistent link: https://www.econbiz.de/10012746393
, we consider symmetric Cournot competition and show that the endogenous level of CSR is positive for any given number of …
Persistent link: https://www.econbiz.de/10011657756
This paper introduces a number of game-theoretic tools to model collusive agreements among firms in vertically differentiated markets. I firstly review some classical literature on collusion between two firms producing goods of exogenous different qualities. I then extend the analysis to a...
Persistent link: https://www.econbiz.de/10011660599
as substitutes. This, in turn, intensifies the competition among providers, generating greater surplus for consumers. A …
Persistent link: https://www.econbiz.de/10010905461
We compare four approaches to network neutrality and network management regulation in a two-sided market model: (i) no variations in Quality of Service and no price discrimination; (ii) variations in Quality of Service but no price discrimination; (iii) variations in Quality of Service and price...
Persistent link: https://www.econbiz.de/10010905480
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/10010955187
Motivated by the failure of competition to emerge after the natural gas market in the Czech Republic was liberalized, I … explore the impact of natural gas storage ownership and upstream competition on the downstream level. I extend standard … liberalization on a country characterized by a lack of domestic production, limited foreign upstream competition, and highly …
Persistent link: https://www.econbiz.de/10005086605
same time increases competition. As a result, the platform lowers the firm fees and raises the consumer charges. In … competition. In this case, the platform raises both the charge to the consumers and the fee for the firms. …
Persistent link: https://www.econbiz.de/10005144420