Showing 1 - 10 of 47
In many industries, consumers rely on recommendations by an intermediary when choosing between competing products. In this paper, we look at how the existence of contracts between firms and intermediaries affects the quality of the advice received by consumers, and firms' incentives to invest in...
Persistent link: https://www.econbiz.de/10010930538
analysis thus can have important implications for recent antitrust cases in industries where multi-homing is prevalent. …
Persistent link: https://www.econbiz.de/10005585456
We discuss issues of the application of antitrust law and regulatory rules to network industries. In assessing the … application of antitrust in network industries, we analyze a number of relevant features of network industries and the way in … which antitrust law and regulatory rules can affect them. These relevant features include (among others) network effects …
Persistent link: https://www.econbiz.de/10005585465
This paper discusses how antitrust law and regulatory rules should be applied to network industries. In assessing the … application of antitrust in network industries, we analyze a number of relevant features of network industries and the way in … which antitrust law and regulatory rules can affect them. These relevant features include (among others) network effects …
Persistent link: https://www.econbiz.de/10005622709
We approach the issue of the value of a platform to a seller in a two-sided market where both buyers and sellers multi-home. A seller that loses access to a major buyer platform can potentially incur substantial financial losses. We exploit a recent conflict between American Airlines and two...
Persistent link: https://www.econbiz.de/10010698674
Online applications and services automate communications and transactions between firms and consumers, promising large efficiency gains. However, consumers have been slow to use these online technologies intensively, despite widespread adoption of the internet. Customers frequently undergo a...
Persistent link: https://www.econbiz.de/10005459403
In this paper, we study the dynamics of usage intensity of second-generation cellular telephony over the diffusion curve. We address two specific questions: First, does information about usage intensity over time allow us to draw conclusions about the underlying drivers of technology diffusion?...
Persistent link: https://www.econbiz.de/10005459410
We develop and analyze a model of pricing for digital products with discontinuous supply functions. This characterizes a number of information technology-based products and services for which variable increases in demand are fulfilled by the addition of "blocks" of computing or network...
Persistent link: https://www.econbiz.de/10005459411
The purpose of the current work is to investigate how country-level and region-specific characteristics influence the adoption of a major financial telecommunication innovation and standard (SWIFT) in the banking sector. Using annual data on the diffusion and usage intensity of SWIFT between...
Persistent link: https://www.econbiz.de/10010905453
Since 2008, multiple smartphone platforms have launched versions of “app stores”, marketplaces where consumers can purchase and download software applications for their smartphone. This paper provides evidence for both demand and supply of “apps” using data on the size and composition of...
Persistent link: https://www.econbiz.de/10010905456