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Two–Sided Markets with Pecuniary and Participation Externalities

Schmidtke, Richard - Wirtschafts- und Sozialwissenschaftliche Fakultät, … - 2006

setup di®erentiated platforms compete in advertising and o®er consumers a service free of charge (such as a TV program) that … is ¯nanced through advertising. We show that advertising can exhibit the properties of a strategic substitute or …

Persistent link: https://www.econbiz.de/10005163028

Imitation, patent protection and welfare

Mukherjee, Arijit; Pennings, Enrico - Centre for Economic Research, School of Economics and … - 2001

Once a new technology has been invented, there is a credible threat of imitation when patent protection is strong and imitation cost is low. Within the area of credible imitation, the innovator has an incentive to postpone technology adoption when the cost of imitation is relatively high. The...

Persistent link: https://www.econbiz.de/10005181756

Nonlinear Pricing of Telecommunications with Call and Network Externalities

Hahn, Jong-Hee - Centre for Economic Research, School of Economics and … - 2000

This paper investigates how call and network externalities affect a monopolist’s optimal nonlinear pricing of a two-way telecommunication service. The existence of call externalities results in all types of subscribers (even the highest type) making suboptimal quantities of calls in the...

Persistent link: https://www.econbiz.de/10005181766

Functional Quality Degradation of Software with Network Externalities

Hahn, Jong-Hee - Centre for Economic Research, School of Economics and … - 2000

This paper considers a functional quality degradation of software with twoway features (such as reading and writing in word-processors). A software monopolist differentiates products by introducing a functionally down-graded version (e.g. the read-only version) by eliminating some functions of...

Persistent link: https://www.econbiz.de/10005416682

Damaged Durable Goods

Hahn, Jong-Hee - Centre for Economic Research, School of Economics and … - 2002

A durable-goods monopolist may use quality degradation as a commitment not to lower price in the future. The introduction of damaged goods expedites lowvaluation consumers? future demands, and helps the firm to mitigate the Coasian time-consistency problem. In such a case, damaged goods are more...

Persistent link: https://www.econbiz.de/10005416706

The Welfare Effect of Quality Degradation in the Presence of Network Externalities

Hahn, Jong-Hee - Centre for Economic Research, School of Economics and … - 2001

This paper examines how the presence of network externalities affects a monopolist’s incentive for quality degradation and its welfare consequence. The software and the Internet service industries provide our primary motivation. The network externality may lead to a Pareto-improving quality...

Persistent link: https://www.econbiz.de/10005636053

Durable Goods Monopoly and Product Quality

Hahn, Jong-Hee - Centre for Economic Research, School of Economics and … - 2005

This paper examines how a durable-goods monopolist’s choice of product quality interacts with time inconsistency problems in an environment, where the firm faces an irreversible decision on quality and unit production costs increase in quality. The monopolist may have incentives to choose a...

Persistent link: https://www.econbiz.de/10005636082

Monitoring and Privacy in Automobile Insurance Markets with Moral Hazard

Filipova, Lilia - Wirtschafts- und Sozialwissenschaftliche Fakultät, … - 2007

insureds may choose the precision of monitoring. Also privacy costs incurred thereby are taken into account. Two alternative … data. With any contract scheme some monitor- ing will be optimal unless the privacy costs increase too fast in relation to … signals (monitoring and the outcome) informative of effort (ii) maximizes welfare. In the presence of privacy costs, the …

Persistent link: https://www.econbiz.de/10005163040

Endogenous Information and Privacy in Automobile Insurance Markets

Filipova, Lilia - Wirtschafts- und Sozialwissenschaftliche Fakultät, … - 2006

loss of privacy, the paper analyzes the incentives of insureds to reveal information, whereby they can decide how much or …

Persistent link: https://www.econbiz.de/10005697852

Labor Unions and the Scale and Scope of Multi-Product Firms

Egger, Hartmut; Koch, Michael - Wirtschafts- und Sozialwissenschaftliche Fakultät, … - 2011

This paper sets up a general oligopolistic equilibrium model with multi-product firms and union wage setting in a subset of industries. By claiming a wage premium, labor unions enforce a decline in firm scale and scope and thus dampen industrial output, with negative feedback effects on the...

Persistent link: https://www.econbiz.de/10008867718