Showing 1 - 10 of 660,445
In the presence of network externalities, we compare the stability of collusion under Bertrand and Cournot duopoly with … competition than under Cournot competition in the sense of wide range of network externalities; (ii) collusion in prices … (quantities) is more stable than in quantities (prices) if network externalities is strong (weak) …
Persistent link: https://www.econbiz.de/10014092591
In this paper, we aim to investigate the collusive stability in the presence of network externalities among firms with …
Persistent link: https://www.econbiz.de/10014636244
This paper analyzes exclusionary conduct of platforms in two-sided markets. Motivated by recent antitrust cases against shopping centers introducing radius restrictions on their tenants, we provide a discussion of the likely positive and normative effects of exclusivity clauses, which prevent...
Persistent link: https://www.econbiz.de/10011283647
Switching costs and network effects bind customers to vendors if products are incompatible, locking customers or even markets in to early choices. Lock-in hinders customers from changing suppliers in response to (predictable or unpredictable) changes in efficiency, and gives vendors lucrative ex...
Persistent link: https://www.econbiz.de/10014024585
Switching costs and network effects bind customers to vendors if products are incompatible, locking customers or even markets in to early choices. Lock-in hinders customers from changing suppliers in response to (predictable or unpredictable) changes in efficiency, and gives vendors lucrative ex...
Persistent link: https://www.econbiz.de/10014026899
This paper studies asymmetric platforms' incentives for enforcing exclusivity on multihoming sellers. We show that exclusivity benefits a platform only when its service is not very valuable to sellers, and hence can be initiated by a weak platform rather than the stronger one. It is possible for...
Persistent link: https://www.econbiz.de/10014082628
We investigate the effect of a ban on third-degree price discrimination on the sustainability of collusion. We build a …' discount factor has to be higher in order to sustain collusion in grim-trigger strategies under price discrimination than under …
Persistent link: https://www.econbiz.de/10011434582
This paper explores the effects that collusion can have in newspaper markets where firms compete for advertising as …) semi-collusion over advertising (with competition in the reader market), and iii) (full) collusion in both the advertising … and the reader market. We find that semi-collusion leads to less advertising (but higher advertising prices) and lower …
Persistent link: https://www.econbiz.de/10008736212
-group externalities makes two-sided collusion at a given profit level harder to sustain, and reduces the harm from collusion suffered by … magnitude of the cross-group externalities exerted on that side is sufficiently large (small). As a result, one-sided collusion …This paper explores the incentives for, and the effects of, collusion in prices between two-sided platforms. We …
Persistent link: https://www.econbiz.de/10012946078
power and the unpriced network externality. We find that full collusion (in the sense of joint profit maximization, acting …
Persistent link: https://www.econbiz.de/10013221241