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The literature on information aggregation predicts that market growth unambiguously reduces uncertainty about the value of traded goods. The results were developed within the classical model, which assumes that traders’ values for the exchanged good are determined by fundamental (common)...
Persistent link: https://www.econbiz.de/10010905451
the intensity of competition among them, and specifically to reduce their product quality investments. …
Persistent link: https://www.econbiz.de/10010905465
Positive network externalities can arise when consumers benefit from the consumption of compatible products by other consumers (user-positive consumption externalities) or, alternatively, when they incur costs from the consumption of incompatible products by other consumers (nonuser-negative...
Persistent link: https://www.econbiz.de/10005760645
An important issue in economics is how market structure affects prices. While the standard view is that competition … access, with or without competition from a digital subscriber line provider, and using education dispersion as a proxy for …, competition reduces prices. As education dispersion increases, the negative effect of competition on prices diminishes; and when …
Persistent link: https://www.econbiz.de/10005622708
This paper discusses the economics of the Internet backbone. I discuss competition on the Internet backbone as well as … relevant competition policy issues. In particular, I show how public protocols, ease of entry, very fast network expansion … large web site to multiple ISPs (customer multi-homing) enhance price competition and make it very unlikely that any firm …
Persistent link: https://www.econbiz.de/10005622728
This paper empirically investigates the effect of international simple resale (ISR) authorization on the prices for international message telephone service (IMTS). We compile a firm-level panel data set for over 200 United States-foreign country bilateral markets from 1995 to 2004. These data...
Persistent link: https://www.econbiz.de/10008459704
In this paper we study the implications of service level guarantees (SLGs) in a model of oligopoly competition where … oligopoly models of price competition, greatly simplifying the analysis of this otherwise complex competitive scenario. Notably …
Persistent link: https://www.econbiz.de/10005184809
Computer and Internet use, especially in developing countries, has expanded rapidly in recent years. Even in light of this expansion in technology adoption rates, penetration rates differ markedly between developed and developing countries and across developing countries. To identify the...
Persistent link: https://www.econbiz.de/10005622756
This study analyzes information communication technology (ICT) use and skills of workers, and their effects on employment opportunities. I employ a confidential data set provided by Statistical Institute of Turkey that includes detailed surveys on ICT use by households and individuals. The data...
Persistent link: https://www.econbiz.de/10009368496
A country’s human capital and economic productivity increasingly depend on the Internet due to its expanding role in providing information and communications. This has prompted a search for ways to increase Internet adoption and narrow its disparity across countries – the global “digital...
Persistent link: https://www.econbiz.de/10008694473