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Crowding-in of complementary contributions to public goods: Firm investment into open source software

Reisinger, Markus; Ressner, Ludwig; Schmidtke, Richard; … - In: Journal of Economic Behavior & Organization 106 (2014) C, pp. 78-94

We present a fairly general model in which firms are competitors in a commercial market segment and can invest into a complementary public good like open source software. We show that, contrary to standard predictions, additional contribution to the public good by the government or a new market...

Persistent link: https://www.econbiz.de/10010930937

Participation Games: Market Entry, Coordination and the Beautiful Blonde

Anderson, Simon P; Engers, Maxim - C.E.P.R. Discussion Papers - 2005

We find the Nash equilibria for monotone n-player symmetric games where each player chooses whether to participate. Examples include market entry games, coordination games, and the bar-room game depicted in the movie 'A Beautiful Mind'. The symmetric Nash equilibrium involves excessive...

Persistent link: https://www.econbiz.de/10005662078

Old Moats for New Models : Openness, Control, and Competition in Generative AI

Azoulay, Pierre; Krieger, Joshua L.; Nagaraj, Abhishek - National Bureau of Economic Research - 2024

Drawing insights from the field of innovation economics, we discuss the likely competitive environment shaping generative AI advances. Central to our analysis are the concepts of appropriability--whether firms in the industry are able to control the knowledge generated by their innovations--and...

Persistent link: https://www.econbiz.de/10014544752

Strategic Interactions and Atoms' Power in Public Goods Economies

Perets, Hovav; Shitovitz, Benyamin - In: Recherches économiques de Louvain 79 (2013) 4, pp. 33-44

In this paper we study the Nash equilibrium in a smooth public goods economy, described as a non-cooperative game, where the set of players is a mixed measure space of consumers. We assume a finite number of private goods. We show that under certain conditions there exists a unique Nash...

Persistent link: https://www.econbiz.de/10011187367

Exploring Stackelberg profit ordering under asymmetric product differentiation

Banerjee, Dyuti S.; Chatterjee, Ishita - In: Economic Modelling 36 (2014) C, pp. 309-315

leader. The reverse is true below this level. This result holds for both substitutes and complements. …

Persistent link: https://www.econbiz.de/10010729848

Imperfect competition with complements and substitutes

Quint, Daniel - In: Journal of Economic Theory 152 (2014) C, pp. 266-290

monopolists, nesting standard models of perfect complements and imperfect substitutes. I show sufficient conditions for a discrete …

Persistent link: https://www.econbiz.de/10010785025

Multiproduct pricing in oligopoly

Shelegia, Sandro - In: International Journal of Industrial Organization 30 (2012) 2, pp. 231-242

one. We find that information frictions lead to price dispersion. When the two goods are complements, their prices will … empirical evidence which suggests that simultaneous price discounts of complements are infrequent. If the goods are substitutes … complements, retailers earn higher profits than in the one-good model through taxing captive consumers with a high overall price …

Persistent link: https://www.econbiz.de/10010573881

Two-Sided Competition of Proprietary vs. Open Source Technology Platforms and the Implications for the Software Industry

Economides, Nicholas; Katsamakas, Evangelos - In: Management Science 52 (2006) 7, pp. 1057-1071

Technology platforms, such as Microsoft Windows, are the hubs of technology industries. We develop a framework to characterize the optimal two-sided pricing strategy of a platform firm; that is, the pricing strategy toward the direct users of the platform as well as toward firms offering...

Persistent link: https://www.econbiz.de/10009214283

In Google we trust?

Burguet, Roberto; Caminal, Ramon; Ellman, Matthew - In: International Journal of Industrial Organization 39 (2015) C, pp. 44-55

We examine the incentives of a monopolistic search engine, funded by advertising, to provide reliable search results. We distinguish two types of search results: sponsored and organic (not-paid-for). Organic results are most important in searches for online content, while sponsored results are...

Persistent link: https://www.econbiz.de/10011264249

Language, Internet and Platform Competition: the case of Search Engine

Jeon, Doh-Shin; Jullien, Bruno; Klimenko, Mikhail M. - C.E.P.R. Discussion Papers - 2012

The World Wide Web was originally a totally English-based medium due to its US origin. Although the presence of other languages has steadily risen, content in English is still dominant, which raises a natural question of how bilingualism of consumers of a home country affects production of web...

Persistent link: https://www.econbiz.de/10011083227