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An Empirical Study of Online Software Outsourcing: Signals under Different Contract Regimes

Lin, Mingfeng; Viswanathan, Siva; Agarwal, Ritu - NET Institute - 2010

We study whether and how contractual arrangements (fixed price vs. time-and-materials contracts) change the effect of reputation, certification, and language characteristics on the chances of winning outsourcing contracts. Using a comprehensive dataset from an online outsourcing marketplace, we...

Persistent link: https://www.econbiz.de/10008672213

Collusion and the political differentiation of newspapers

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

collusive agreements in terms of welfare and pluralism. We analyse and compare two forms of collusion: in the first, publishers … thus show that collusion on prices reinforces the tendency towards a Pensée Unique discussed in Gabszewicz, Laussel and …

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

Optimal Cartel Prices in Two-Sided Markets Access

Boffa, Federico; Filistrucchi, Lapo - NET Institute - 2014

We study optimal cartel prices in a two-sided market. We present a simple model showing that prices above the two-sided monopoly price may prevail on one side of a two-sided market as a means to enhance the sustainability of the cartel. We prove that in such a case a higher benefit from the...

Persistent link: https://www.econbiz.de/10010936552

Competition vs. Regulation in Mobile Telecommunications

Stennek, Johan; Tangeras, Thomas - NET Institute - 2008

This paper questions whether competition can replace sector-specific regulation of mobile telecommunications. We show that the monopolistic outcome may prevail independently of market concentration when access prices are determined in bilateral negotiations. A lighthanded regulatory policy can...

Persistent link: https://www.econbiz.de/10005622696

Competition Policy Issues in the Consumer Payments Industry

Economides, Nicholas - NET Institute - 2008

We discuss the current structure of card networks that facilitate transactions between merchants and consumers. We find that presently fees for this intermediation are considerably higher than costs. This is facilitated by rules imposed by the card networks on the merchants that do not allow...

Persistent link: https://www.econbiz.de/10005760662

Bundling and Collusion on Communications Markets

Baranes, Edmond - NET Institute - 2006

sustainability of collusion in an infinitely repeated game framework. We show that the bundling strategy of the entrant might hinder … collusion. Futhermore, we consider a setting in which the entrant uses a one-way access that the incumbent possesses. In such … might increase the feasibility of collusion. This result has an important policy implication. …

Persistent link: https://www.econbiz.de/10005184810

Cross-Licensing and Competition

Jeon, Doh-Shin; Lefouili, Yassine - NET Institute - 2013

We study bilateral cross-licensing agreements among N( 2) firms that engage in competition after the licensing phase. It is shown that the most collusive cross-licensing royalty, i.e. the one that allows the industry to achieve the monopoly profit, is sustainable as the outcome of bilaterally...

Persistent link: https://www.econbiz.de/10010698673

Does Anyone Read the Fine Print? Testing a Law and Economics Approach to Standard Form Contracts

Bakos, Yannis; Marotta-Wurgler, Florencia; Trossen, David R. - NET Institute - 2009

A cornerstone of the law and economics approach to standard form contracts is the Òinformed minorityÓ hypothesis: in competitive markets, a minority of term-conscious buyers is enough to discipline sellers from offering unfavorable boilerplate terms. The informed minority argument is widely...

Persistent link: https://www.econbiz.de/10004967588

Monopoly Pricing in the Presence of Social Learning

Ifrach, Bar; Maglaras, Costis; Scarsini, Marco - NET Institute - 2011

A monopolist offers a product to a market of consumers with heterogeneous quality preferences. Although initially uninformed about the product quality, they learn by observing past purchase decisions and reviews of other consumers. Our goal is to analyze the social learning mechanism and its...

Persistent link: https://www.econbiz.de/10010905450

The Effect of the Internet on Performance and Quality: Evidence from the Airline Industry

Ater, Itai; Orlov, Eugene - NET Institute - 2013

How did the diffusion of the Internet affect performance and product quality in the airline industry? We argue that the shift to online distribution channels has changed the way airlines compete for customers - from an environment in which airlines compete for space at the top of travel...

Persistent link: https://www.econbiz.de/10010905458