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Competing with Network Externalities and Price Discrimination

Jullien, Bruno - C.E.P.R. Discussion Papers - 2001

This Paper examines competition between a dominant network and a challenging network with third-degree or perfect price-discrimination, allowing for arbitrary configurations of network externalities, as well as horizontal and vertical product differentiation. Domination in the coordination game...

Persistent link: https://www.econbiz.de/10005661635

Platform Ownership

Nocke, Volker; Peitz, Martin; Stahl, Konrad - C.E.P.R. Discussion Papers - 2004

entry into the market for platform slots, or platform owners my form a club that restricts entry. We provide a positive and …

Persistent link: https://www.econbiz.de/10005662172

Intermediation and Investment Incentives

Belleflamme, Paul; Peitz, Martin - C.E.P.R. Discussion Papers - 2007

We analyze whether and how the fact that products are not sold on open or public platforms but on competing for-profit platforms affects sellers’ investment incentives. Investments in cost reduction, quality, or marketing measures are here the joint and coordinated efforts by sellers. We show...

Persistent link: https://www.econbiz.de/10005789005

Acquisitions, Entry, and Innovation in Network Industries

Norbäck, Pehr-Johan; Persson, Lars; Tåg, Joacim Ingemar - C.E.P.R. Discussion Papers - 2013

necessarily restrict innovation incentives. We also show that network effects promote acquisitions over entry and that the …In industries with network effects, incumbents’ installed bases create barriers to entry that discourage entrepreneurs … from developing new innovations. Yet, entry is not the only commercialization route for entrepreneurs. We show that the …

Persistent link: https://www.econbiz.de/10011083667

The Effects of Entry on Incumbent Innovation and Productivity

Aghion, Philippe; Blundell, Richard William; Griffith, … - C.E.P.R. Discussion Papers - 2005

How does firm entry affect innovation incentives and productivity growth in incumbent firms? Micro-data suggests that … sectors which differ by their distance to the technological frontier. We show that entry threat spurs innovation incentives in … technologically advanced sectors - successful innovation allows incumbents to prevent entry. In laggard sectors it discourages …

Persistent link: https://www.econbiz.de/10005114280

The Effect of Ownership and Competitive Pressure on Firm Performance in Transition Countries: Micro Evidence from Bulgaria, Romania and Poland

Angelucci, Manuela; Estrin, Saul; Konings, Jozef; … - C.E.P.R. Discussion Papers - 2001

This Paper uses a unique representative firm level data set to analyse the effect of domestic and international competitive pressure and ownership changes in three emerging economies, Bulgaria Poland and Romania. Our main findings can be summarized as follows: Domestic competitive pressure,...

Persistent link: https://www.econbiz.de/10005504242

Downstream Competition, Foreclosure, and Vertical Integration

Chemla, Gilles - C.E.P.R. Discussion Papers - 2000

integration may constitute a barrier to entry and may trigger strategic horizontal spin-offs or mergers. We discuss the impact of …

Persistent link: https://www.econbiz.de/10005497922

Competition And Firm Performance: Lessons From Russia

Brown, J David; Earle, John S - C.E.P.R. Discussion Papers - 2000

The 'big-bang' liberalization of the inefficient Russian economy in 1992 provides a fruitful setting for analysing the impact of several dimensions of market competition and other factors on enterprise efficiency. We analyse 1992-1998 panel data on 14,961 enterprises covering 75 percent of...

Persistent link: https://www.econbiz.de/10005661595

Bilateral Oligopoly

Björnerstedt, Jonas; Stennek, Johan - C.E.P.R. Discussion Papers - 2001

In many intermediate goods markets buyers and sellers both have market power. Contracts are usually long-term and negotiated bilaterally, codifying many elements in addition to price. We model such bilateral oligopolies as a set of simultaneous Rubinstein-Ståhl bargainings between pairs of...

Persistent link: https://www.econbiz.de/10005789066

Transparency, Prices and Welfare with Imperfect Substitutes

Boone, Jan; Potters, Jan - C.E.P.R. Discussion Papers - 2002

Markets that are not completely transparent feature complex comparative statics with respect to the effect of number of firms, elasticity of substitution between goods and degree of transparency on equilibrium prices. The main result is that the following 'common wisdom' is incorrect: more...

Persistent link: https://www.econbiz.de/10005791681