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Price Competition in a Duopoly Characterized by Positional Effects

Dritsa, Evdokia; Zacharias, Eleftherios - NET Institute - 2012

We examine the price decisions in a vertically differentiated duopoly where the decision to buy a good depends not only upon the intrinsic utility from consuming it but also upon the social attributes (prestige, uniqueness etc.) associated with its consumption. These social attributes are...

Persistent link: https://www.econbiz.de/10010583867

Competing Against Simulated Equilibrium Price Dispersions: An Experiment On Internet-Assisted Search Markets

García-Gallego, Aurora; Georgantzís, Nikolaos; … - NET Institute - 2005

In a four-treatment experiment, we test some of the hypotheses in García-Gallego et al. (2004) concerning competition among a number of firms of which some (or all) are indexed by a price-comparison engine facilitating buyers’ search process. In this paper, we isolate individual behavior from...

Persistent link: https://www.econbiz.de/10005760642

Two-sided competition of proprietary vs. open source technology platforms and the implications for the software industry

Economides, Nicholas; Katsamakas, Evangelos - NET Institute - 2005

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 towards the direct users of the platform as well as towards firms offering...

Persistent link: https://www.econbiz.de/10005622760

Private Information in Markets: A Market Design Perspective

Rostek, Marzena; Yoon, Ji Hee - NET Institute - 2013

This paper studies the impact of heterogeneity in interdependence of trader values on price inference and welfare. A model of double auction with quasilinear-quadratic utilities is introduced that allows for arbitrary Gaussian information structures. With heterogeneous interdependence, some...

Persistent link: https://www.econbiz.de/10010698671

Identity, Community and Segregation

Reich, Bryony - NET Institute - 2010

I develop a framework to explain why identity divides some communities and not others. An identity group is defined as a group of individuals with the same `culture'. A community is divided when different identities are socially segregated; a community is integrated when there is no social...

Persistent link: https://www.econbiz.de/10008672211

The Impacts of Shopbots on Online Consumer Search

Zhang, Jie Jennifer; Jing, Bing - NET Institute - 2007

Online price comparison agents (shopbots) allow consumers to instantaneously receive price and other information from many online retailers. Online consumer clickstream data from ComScore Inc.demonstrate that consumers are increasingly using shopbots to conduct search. This phenomenon raises...

Persistent link: https://www.econbiz.de/10005622699

Network Externalities, Mutuality, and Compatibility

Nagler, Matthew G. - NET Institute - 2008

to user-positive externalities (e.g., Katz and Shapiro, 1985) suggests that firms with relatively small networks or weak … their networks are closely matched in size. Meanwhile, intuition suggests that with nonuser-negative externalities … suboptimal when firms’ networks are close in size, and excessive for the small firm when the networks differ greatly in size …

Persistent link: https://www.econbiz.de/10005760645

The Doubtful Profitability of Foggy Pricing

Miravete, Eugenio J. - NET Institute - 2004

This paper studies whether competition may induce firms abandoning deceptive pricing strategies aimed to profit from mistaken choices of consumers. The empirical analysis focuses on the pricing practices of early U.S. cellular firms, both under monopoly and duopoly. Foggy tariff options are...

Persistent link: https://www.econbiz.de/10005459408

Collusion and the political differentiation of newspapers

Antonielli, Marco; Filistrucchi, Lapo - NET Institute - 2011

We analyse a newspaper market where two editors first choose the political position of their newspaper, then set cover prices and advertising tariffs. We build on the work of Gabszewicz, Laussel and Sonnac (2001, 2002), whose model we take as the stage game of an infinitely repeated game, and...

Persistent link: https://www.econbiz.de/10010905448

Bundling Incentives in Markets with Product Complementarities: The Case of Triple-Play

Macieira, Joao; Pereira, Pedro; Vareda, Joao - NET Institute - 2013

We analyze firms' incentives to bundle and tie in the telecommunications industry. As a first step, we develop a discrete-choice demand model where firms sell products that may combine several services in bundles, and consumers choose assortments of different types of products available from...

Persistent link: https://www.econbiz.de/10010905449