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. The present model evaluates the effects of symmetric and asymmetric regulation of ad levels on competition for viewers and …
Persistent link: https://www.econbiz.de/10009411107
This paper investigates competition for advertisers in media markets when viewers can subscribe to multiple channels. A …
Persistent link: https://www.econbiz.de/10003412378
structure. Equilibrium effects cause different determinants of product market competition -- the entry cost and the elasticity … product market competition indeed have sharply contrasting effects on managerial compensation, firm size, and the number of … firms as predicted by the theory …
Persistent link: https://www.econbiz.de/10014353125
This paper studies bank competition with borrower adverse selection. In the model, expected non-performing loan costs … are high when credit is granted in booms, when risk free rates are low, or when competition is strong. I prove that full … competition is suboptimal due to this last effect; that more competition improves the transmission of monetary policy, and that …
Persistent link: https://www.econbiz.de/10014355959
We present a general and tractable oligopoly model of multi-sided platforms with endogenous side and platform choices of heterogeneous end-users, considering any mix of single-homing and multi-homing platforms and in which participating on one side could preclude doing so on others. We show the...
Persistent link: https://www.econbiz.de/10014443980
may face competition by an entrant in the applications market. The platform monopolist can benefit from competition for … three reasons. First, his profits from the platform increase. Second, competition serves as a credible commitment to lower …
Persistent link: https://www.econbiz.de/10012733935
competition). Because the ordering is invariant to the values of background parameters, statistical tests of market conduct may be …
Persistent link: https://www.econbiz.de/10012739733
We analyze platform competition where user data is collected to improve ad-targeting. Considering that users incur … overall competition is weak or if targeting benefits are low, too much private data is collected, and vice-versa. Further, we … find that softer competition on either market side leads to more data collection, which implies substitutability between …
Persistent link: https://www.econbiz.de/10012860150
traditional one-sided markets, theory and empirical evidence show that MMC tends to relax competition. However, it is unclear … whether this result holds under platform competition. This paper examines how MMC a ects pricing behaviour and profits of two …-sided platforms. We develop a model of platform competition with two distinct markets. We assume that platforms only charge one group …
Persistent link: https://www.econbiz.de/10012863239
increases their utilities and, at the same time, this lowers the prices due to intensified competition between firms. We …
Persistent link: https://www.econbiz.de/10012927673