Showing 1 - 10 of 102
This experiment focuses on a contest played over a star network of 6 nodes. By placing targets in a network, the value … of a target is dependent on its connectivity to other targets. The experiment compares the cases where the defense is …
Persistent link: https://www.econbiz.de/10010615272
In a four-treatment experiment, we test some of the hypotheses in García-Gallego et al. (2004) concerning competition …
Persistent link: https://www.econbiz.de/10005760642
This paper analyzes the impact on consumer prices of the size and biases of price comparison search engines. We develop several theoretical predictions, in the context of a model related to Burdett and Judd (1983) and Varian (1980), and test them experimentally. The data supports the model’s...
Persistent link: https://www.econbiz.de/10005622725
As online information availability for products and services is increasing and as buyers engage in more online search … integrated process, which is in turn heavily influenced by how much information buyers can obtain independently, for example, by … lower quality firms, can free ride on the product information already available in the market, and reduce their own …
Persistent link: https://www.econbiz.de/10010905465
In Cournot's model of complements, the producers of A and B are both monopolists. This paper extends Cournot's model to allow for competition between complements on one side of the market. Consider two complements, A and B, where the A+B bundle is valuable only when purchased together. Good A is...
Persistent link: https://www.econbiz.de/10005622751
We analyze a duopoly game in which products are initially differentiated in variety and quality. Each consumer has a …
Persistent link: https://www.econbiz.de/10005760654
This paper provides a thorough analysis of oligopolistic markets with positive demand-side network externalities and perfect compatibility. The minimal structure imposed on the model primitives is such that industry output increases in a firm's rivals' total output as well as in the expected...
Persistent link: https://www.econbiz.de/10008460518
imposes positive fees on content and applications providers. Similarly, we find that imposing net neutrality in duopoly … increases total surplus compared to duopoly competition between platforms that charge positive fees on content providers. We …
Persistent link: https://www.econbiz.de/10005585461
imposes positive fees on content and applications providers. Similarly, we find that imposing net neutrality in duopoly … increases total surplus compared to duopoly competition between platforms that charge positive fees on content providers. We …
Persistent link: https://www.econbiz.de/10005760651
oligopoly without the unrealistic restrictions typically imposed for tractability and to demonstrate that the fundamental …
Persistent link: https://www.econbiz.de/10008684462