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Herding With and Without Payoff Externalities - An Internet Experiment

Drehmann, Mathias; Oechssler, Jörg; Roider, Andreas - C.E.P.R. Discussion Papers - 2005

effects, first-mover advantage, etc.) in a standard information-based herding model. Our results are based on an internet …

Persistent link: https://www.econbiz.de/10005656329

Privatization in Eastern Europe: Irreversibility and Critical Mass Effects

Roland, Gérard; Verdier, Thierry - C.E.P.R. Discussion Papers - 1992

This paper proposes a model to shed light on two important policy features of privatization in Central and Eastern Europe: the idea of a necessary critical mass of privatization on the one hand, and the difficulties encountered in the actual privatization process on the other, related to the...

Persistent link: https://www.econbiz.de/10005497782

The Biggest Auction Ever: The Sale of the British 3G Telecom Licences

Binmore, Kenneth; Klemperer, Paul - C.E.P.R. Discussion Papers - 2002

This paper reviews the part played by economists in organizing the British third-generation mobile-phone licence auction that concluded on 27 April 2000. It raised £22½ billion ($34 billion or 2½ % of GNP) and was widely described at the time as the biggest auction ever. We discuss the merits...

Persistent link: https://www.econbiz.de/10005661794

What Really Matters in Auction Design

Klemperer, Paul - C.E.P.R. Discussion Papers - 2000

The most important issues in auction design are the traditional concerns of competition policy-preventing collusive, predatory, and entry deterring behaviour. Ascending and uniform-price auctions are particularly vulnerable to these problems (we discuss radiospectrum and football TV-rights...

Persistent link: https://www.econbiz.de/10005114514

The Effect of Native Language on Internet Usage

Gandal, Neil - C.E.P.R. Discussion Papers - 2002

In this Paper, I explore the relationship between native language and use of the Internet and examine whether English … empirically using a unique dataset on (home) Internet use at the individual level in Quebec from Media Metrix. The results suggest …. To the extent that the younger generation drives the dynamics of the Internet, the results provide some support for the …

Persistent link: https://www.econbiz.de/10005504208

The DVD Versus DIVX Standard War: Empirical Evidence of Network Effects and Preannouncement Effects

Dranove, David; Gandal, Neil - C.E.P.R. Discussion Papers - 2002

In this Paper, we empirically test for network effects and preannouncement effects in the DVD market. We do this by measuring the effect of potential (incompatible) competition on a network undergoing growth. We find that there are network effects. The data is generally consistent with the...

Persistent link: https://www.econbiz.de/10005504276

Price Competition in a Differentiated Products Duopoly Under Network Effects

Griva, Krina; Vettas, Nikolaos - C.E.P.R. Discussion Papers - 2004

We examine price competition under product-specific network effects, in a duopoly where the products are differentiated horizontally and vertically. When consumers' expectations are not affected by prices, firms may share the market equally, or one firm (possibly the low-quality one) may capture...

Persistent link: https://www.econbiz.de/10005504598

A theory of trade in a global production network

Bosker, Maarten; Westbrock, Bastian - C.E.P.R. Discussion Papers - 2014

This paper develops a novel theory of trade in a global supply chain. We expand on a monopolistic competition trade model. Countries produce both intermediate and final goods that are sold domestically or, incurring country-pair specific trade costs, internationally. This links countries in a...

Persistent link: https://www.econbiz.de/10011083267

Migration to the Cloud Ecosystem: Ushering in a New Generation of Platform Competition

Fershtman, Chaim; Gandal, Neil - C.E.P.R. Discussion Papers - 2012

Cloud computing is defined to be Internet based computing technology, where the term 'cloud' simply means Internet … -- and cloud computing refers to services that are accessed directly over the Internet. There are essentially three …

Persistent link: https://www.econbiz.de/10011083395

Acquisitions, Entry, and Innovation in Network Industries

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

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 option of selling to an incumbent increases innovation...

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