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If entry requires accommodation by retailers, the incumbent manufacturer may transfer profits to retailers to maintain his dominant position (Asker and Bar-Isaac 2014). This paper shows that such an incentive to transfer will induce the high quality entrants to disclose the quality of their...
Persistent link: https://www.econbiz.de/10012891091
We study how vertical integration in a two-sided media market affects investments in premium content. We show that a content provider provides the premium content exclusively to a platform, regardless of what the vertical structure of the industry is. However, a vertically integrated content...
Persistent link: https://www.econbiz.de/10013034672
competition between two platforms to study private and social incentives to share information. Sharing information can be welfare …
Persistent link: https://www.econbiz.de/10014365917
competition between two platforms to study private and social incentives to share information. Sharing information can be welfare …
Persistent link: https://www.econbiz.de/10014349354
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/10011402873
This paper provides theoretical explanations for devices that movie distributors use to avoid head-to-head competition …
Persistent link: https://www.econbiz.de/10011561654
Persistent link: https://www.econbiz.de/10009423456
This paper investigates the price war in the UK quality newspaper industry in the 1990s. We build a model of the … newspaper market which encompasses demand for differentiated products on both, the readers and advertisers side of the market …
Persistent link: https://www.econbiz.de/10014201457
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