Showing 1 - 10 of 54
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...
Persistent link: https://www.econbiz.de/10005622709
This paper discusses the economics of the Internet backbone. I discuss competition on the Internet backbone as well as …, connections by the same Internet Service Provider (“ISP”) to multiple backbones (ISP multi-homing), and connections by the same … providing Internet backbone connectivity would find it profitable to degrade or sever interconnection with other backbones in an …
Persistent link: https://www.econbiz.de/10005622728
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 … determinants of Internet access difficult to change in the short run. Internet content increases adoption and can be changed more …
Persistent link: https://www.econbiz.de/10008694473
The Market in Financial Instruments Directive (MiFID) aims to increase competition and to foster client protection in the European financial market. Among other provisions, it abolishes the concentration rule and challenges the market power of existing trading venues. The directive introduces...
Persistent link: https://www.econbiz.de/10005459398
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
Technology platforms, such as Microsoft Windows, are the hubs of technology industries. We develop a framework to characterize the optimal two-sided pricing strategy of a platform firm, that is, the pricing strategy towards the direct users of the platform as well as towards firms offering...
Persistent link: https://www.econbiz.de/10005459412
Understanding the process of software adoption is of paramount importance to software start-ups. We study a monopolistic seller’s optimal consumer network structure formation (seeding, segmentation, sequencing, and pricing strategies) under network effects. We demonstrate the importance of...
Persistent link: https://www.econbiz.de/10010905452
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
We analyze how network effects affect competition in the nascent cryptocurrency market. We do so by examining the changes over time in exchange rate data among cryptocurrencies. Specifically, we look at two aspects: (1) competition among different currencies, and (2) competition among exchanges...
Persistent link: https://www.econbiz.de/10010933643