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With the advent of Groupon.com in 2008, daily deal platforms have seen phenomenal growth. Surprisingly there is very sparse analytical research that has studied the economics of the daily deal platforms which are two-sided in the sense that they connect merchants on the one side to consumers on...
Persistent link: https://www.econbiz.de/10013083756
Versioning literature recommends that a software firm should always sell only one version of a product with the highest quality unless other factors such as piracy, network externality, or concave cost of producing quality are present. However, software firms universally adopt versioning...
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In our model, market consists of two types of consumers who receive some common utility from the basic functionality of the information good but have heterogeneous valuation for other value enhancing functionalities. We show that in absence of piracy, versioning is optimal when the proportion of...
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The goal of this paper is to showcase that the COVID-19 disease pattern is evolving and to study the relationship between mandatory BCG policy and caseload/million or death/per million. We analyze seven recent publications on the impact of BCG vaccinations on the development of COVID19 illness...
Persistent link: https://www.econbiz.de/10012836501
The pervasiveness of the Internet and digitization has revolutionized the delivery and consumption of information goods. In this paper, we study the impact of digitization and the shift in consumers' preferences for the digital medium on outcomes including social welfare in content markets. We...
Persistent link: https://www.econbiz.de/10012889169
The efficacy of boards of directors as a critical governance institution has attracted increasing scrutiny in the wake of the recent financial meltdown. CEO compensation which consequentially determines overall management compensation in a firm, is a key governance decision entrusted with the...
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