Showing 1 - 10 of 91
incumbent and entrant platforms, switching opportunities arise stochastically and users can choose whether to accept or reject …
Persistent link: https://www.econbiz.de/10011141095
-facto standards in high-technology industries. …
Persistent link: https://www.econbiz.de/10005622685
which Þrms differentiate across standards and consumers delay their adoption. With one standard, there is immediate adoption …
Persistent link: https://www.econbiz.de/10005622715
In their seminal 1985 paper, Katz and Shapiro study systems compatibility in settings with one-sided platforms and … direct network effects. We consider systems compatibility when competing platforms are two-sided and there are indirect … network effects to develop an explanation why markets with two-sided platforms are often characterized by incompatibility with …
Persistent link: https://www.econbiz.de/10005622748
One of the most salient issues faced by platforms like newspapers and credit card issuers is that users are … where a monopoly platform chooses (price or non-price) instruments. Users play two roles: 1) they are users of the platform’s …
Persistent link: https://www.econbiz.de/10010905462
In Electronic Payment Networks (EPNs) the No-Surcharge Rule (NSR) requires that merchants charge the same final good price regardless of the means of payment chosen by the customer. In this paper, we analyze a three-party model (consumers, merchants, and proprietary EPNs) to assess the impact of...
Persistent link: https://www.econbiz.de/10009352209
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 game between two online platforms offering two different services to …
Persistent link: https://www.econbiz.de/10010905475
This paper investigates the price war in the UK quality newspaper industry in the 1990s. We build a model of the newspaper market which encompasses demand for differentiated products on both, the readers and advertisers side of the market, and profit maximization by four competing oligopolistic...
Persistent link: https://www.econbiz.de/10008525325
Theories of multi-sided markets suggest that a platform’s pricing strategies on different sides of the market are … empirically examine platforms’ pricing strategies by exploiting the gradual expansion of Craigslist, a website providing … of how incumbent media platforms respond to technologically disruptive entrants in multi-sided markets. …
Persistent link: https://www.econbiz.de/10008673515
This paper proposes a revealed preference test of network formation models. Specifically, I consider network formation models where agents are (1) strategic, (2) externalities are confined to within an agent’s k-neighborhood, where k can be varied. I show that this model can be tested...
Persistent link: https://www.econbiz.de/10011141094