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Globalization and general worker training

Gersbach, Hans (contributor); Schmutzler, Armin (contributor) - 2004 - [Elektronische Ressource]

-enhancing worker training before Cournot competition takes place. When two separated product markets become integrated and are thus …

Persistent link: https://www.econbiz.de/10001957223

Infrastructure quality in deregulated industries : is there an underinvestment problem

Bühler, Stefan (contributor); Schmutzler, Armin (contributor) - 2002 - [Elektronische Ressource]

under vertical integration, though we also provide counter-examples. The introduction of downstream competition for the …

Persistent link: https://www.econbiz.de/10001729423

A product market theory of worker training

Gersbach, Hans (contributor); Schmutzler, Armin (contributor) - 2003 - [Elektronische Ressource]

We develop a product market theory that explains why firms invest in general training of their workers. We consider a … employees and finally engage in imperfect product market competition. Equilibria with and without training, and multiple … equilibria can emerge. If competition is suffciently soft and trained workers are substitutes, firms may invest in non …

Persistent link: https://www.econbiz.de/10001729428

The Identification and Measurement of Market Power and Entry Barriers in Markets Featuring 'Platform' Businesses

Downes, Larry - 2019

competition is just a generation or two of new technology away—and arriving faster all the time …

Persistent link: https://www.econbiz.de/10012892718

Public-Private Monopoly

Moszoro, Marian W. - 2018

This paper presents comparative statics of organizational modes of natural monopoly in public utilities with a focus on co-ownership and co-governance. Private monopoly lowers output and increases the price to maximize profit; public monopoly incurs higher costs due to the lack of know-how; and...

Persistent link: https://www.econbiz.de/10012938123

The Losing Case for Special Access Regulation

Downes, Larry - 2016

In 1999, the FCC largely deregulated middle-mile or "special access" enterprise communications services, resulting in explosive growth of new competitors using new technologies, including cable, fiber-optics, and high-speed Ethernet loops. But in recent years the agency has expressed increased...

Persistent link: https://www.econbiz.de/10013002347

Regulation Costs and Private-Sector Know-How Spillovers of Public-Private Partnerships

Moszoro, Marian W. - 2018

The paper presents comparative statics of organizational modes of natural monopoly in public utilities with a focus on co-ownership and co-governance. Private monopoly lowers output and increases price to maximize profit; public monopoly incurs higher costs due to the lack of know-how; and a...

Persistent link: https://www.econbiz.de/10012920546

Towards efficient information sharing in network markets

Martens, Bertin; Parker, Geoffrey; Petropoulos, Georgios; … - 2021

Digital platforms facilitate interactions between consumers and merchants that allow collection of profiling information, which drives innovation and welfare. Private incentives, however, lead to information asymmetries resulting in market failures both on-platform, among merchants, and...

Persistent link: https://www.econbiz.de/10013184643

Net neutrality and welfare effects of discrimination on either or both the content side and the user side

Kim, Soo Jin; Lestage, Romain - 2021

We analyze the welfare effects of price discrimination by a monopolistic platform that mediates between two sides of a market. Discrimination is based on asymmetric costs on one side of the market and may be allowed on either or both sides. We show that unconstrained discrimination on both sides...

Persistent link: https://www.econbiz.de/10012795764

A Product Market Theory of Worker in Training

Gersbach, Hans; Schmutzler, Armin - 2021

We develop a product market theory that explains why firms invest in general training of their workers. We consider a … employees and finally engage in imperfect product market competition. Equilibria with and without training, and multiple … equilibria can emerge. If competition is sufficiently soft and trained workers are substitutes, firms may invest in non …

Persistent link: https://www.econbiz.de/10013320898