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dominates in network growth. We find that decreasing content consumption costs (perhaps by changing site design or via search …
Persistent link: https://www.econbiz.de/10009368550
We analyze the behavior of start-ups in e-commerce, namely on Austria's leading price-comparison-site, a multi-product environment with almost complete information. We use weekly panel data on price-quotes of digicams, Audio/HiFi-equipment and hardware. We furthermore use advanced estimation...
Persistent link: https://www.econbiz.de/10005459401
Digital products such as movies, music and computer software are protected both by self-help measures such as encryption and copy controls, and by the legal right to prevent copying. We explore how digital rights management and other technical protections a®ect the pricing of content, and...
Persistent link: https://www.econbiz.de/10005459405
A cornerstone of the law and economics approach to standard form contracts is the Òinformed minorityÓ hypothesis: in competitive markets, a minority of term-conscious buyers is enough to discipline sellers from offering unfavorable boilerplate terms. The informed minority argument is widely...
Persistent link: https://www.econbiz.de/10004967588
We develop a model of dynamic platform formation under positive platform externalities. Users can switch between an incumbent and entrant platforms, switching opportunities arise stochastically and users can choose whether to accept or reject an opportunity to switch. For homogeneous users, we...
Persistent link: https://www.econbiz.de/10011141095
In this article I analyze the effects of a recent reform intended to decrease switching costs in the cellular industry. The reform, implemented in Chile in 2012, allowed cell phone users to switch operators without any contract restriction while keeping their wireless number. Its aim was the...
Persistent link: https://www.econbiz.de/10010905460
Online platforms, such as Google, Facebook, or Amazon, are constantly expanding their activities, while increasing the overlap in their service offering. In this paper, we study the scope and overlap of online platforms' activities, when they are endogenously determined. We model an expansion...
Persistent link: https://www.econbiz.de/10010905475
This paper considers platform competition in a two-sided market that includes buyers and sellers. One of the platforms benefits from a favorable coordination bias in the market, in that the two sides are more likely to join the advantaged platform. We find that the degree of the coordination...
Persistent link: https://www.econbiz.de/10010905476
information may be a barrier to the development of a health information network. Health information networks are designed to … considered a promising tool to improve quality, costs, and efficiency of health care. Federal and state governments have invested … enter a health information network given this potential loss of competitive advantage. Guided by implications of the model …
Persistent link: https://www.econbiz.de/10010961657
selling still boosts up the seller's profit. Embedding a physical network with arbitrary payoff externality among customers …
Persistent link: https://www.econbiz.de/10010930535