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equilibrium outcomes and welfare effects under alternative scenarios of future termination rates. Lowering termination rates …
Persistent link: https://www.econbiz.de/10009358864
The success of the Kindle e-book platform and the increased popularity of e-books among members of the reading community have attracted extensive interest in the high-tech industry. New platform providers are jumping in the market to compete for device and e-book sales. In this paper, we model...
Persistent link: https://www.econbiz.de/10010905457
In this paper, we study how the presence of a news aggregator affects competition among (horizontally differentiated) newspapers in the Internet. For this purpose, we build a model of multiple issues which allows each newspaper to choose quality on each issue. Our model provides a micro...
Persistent link: https://www.econbiz.de/10010905459
externalities, we show that a platform will tend to set the download limit at a lower level than would be welfare-maximizing; indeed …, in some instances, so low that no download limit is welfare superior to the limit the platform would set. Somewhat …
Persistent link: https://www.econbiz.de/10010905461
As online information availability for products and services is increasing and as buyers engage in more online search prior to purchase decisions, it is becoming more important for firms to know when to invest to reduce buyer uncertainty. This article argues that today's firms should view...
Persistent link: https://www.econbiz.de/10010905465
We compare four approaches to network neutrality and network management regulation in a two-sided market model: (i) no variations in Quality of Service and no price discrimination; (ii) variations in Quality of Service but no price discrimination; (iii) variations in Quality of Service and price...
Persistent link: https://www.econbiz.de/10010905480
This paper empirically analyzes how the use of vertical price restraints has impacted retail prices in the market for e-books. In 2010 five of the six largest publishers simultaneously adopted the agency model of book sales, allowing them to directly set retail prices. This led the Department of...
Persistent link: https://www.econbiz.de/10010934840
See http://www.netinst.org/NET_Working_Papers.html #46
Persistent link: https://www.econbiz.de/10005585458
We discuss the benefits of net neutrality regulation in the context of a two-sided market model in which platforms sell Internet access services to consumers and may set fees to content and applications providers “on the other side” of the Internet. When access is monopolized, we find that...
Persistent link: https://www.econbiz.de/10005585461
welfare effects of entry into residential local telephone service in New York State using household-level data from September … gains a monthly equivalent of $2.33, or 6.2% of her bill, in welfare from competition. These gains accrue primarily from …
Persistent link: https://www.econbiz.de/10005622691