Reisinger, Markus - In: International Journal of Industrial Organization 30 (2012) 2, pp. 243-252
in the users' nuisance costs of advertising. As a general insight, I obtain that factors affecting competition in the … differentiated from the users' perspective but are homogenous for advertisers. I show that, although there is Bertrand competition … for advertisers, platforms obtain positive margins in the advertising market. In addition, platforms' profits can increase …