Jeon, Doh-Shin; Esfahani, Nikrooz Nasr - NET Institute - 2012
) newspapers in the Internet. For this purpose, we build a model of multiple issues which allows each newspaper to choose quality … strategic substitutes to strategic complements. In the case of symmetric newspapers, this leads to an increase in the quality of … newspapers and an increase in consumer surplus, with an ambiguous effect on newspapers’ profits. In the case of asymmetric …