Showing 1 - 7 of 7
Digital platforms facilitate interactions between consumers and merchants that allow collection of profiling information, which drives innovation and welfare. Private incentives, however, lead to information asymmetries resulting in market failures both on-platform, among merchants, and...
Persistent link: https://www.econbiz.de/10013361957
Platform ecosystems rely on economies of scale, data-driven economies of scope, high-quality algorithmic systems and strong network effects that typically promote winner-take-most markets. Some platform firms have grown rapidly and their merger and acquisition strategies have been very important...
Persistent link: https://www.econbiz.de/10012605180
How do incentives to collude depend on how asymmetric firms are? In many markets product quality is an important parameter that determines firms' market strategies. We study collusion in a quality-differentiated duopoly and we adopt a Nash bargaining approach to compute the collusive equilibrium...
Persistent link: https://www.econbiz.de/10013361954
On 25 November 2015, the European Union enacted new rules for international mobile roaming (IMR) under Regulation 2015/2120, which seeks to implement a Roam Like at Home (RLAH) regime among the member states of the European Union. Questions remain, however, as to whether it is possible to...
Persistent link: https://www.econbiz.de/10011779196
Coordinating the timing and location of new production facilities is one of the challenges of liberalized power sectors. It is complicated by the presence of transmission bottlenecks, oligopolistic competition, and the unknown prospects of low-carbon technologies. The authors build a model...
Persistent link: https://www.econbiz.de/10011779200
We study the impact of industrial robots on employment and wages in six European Union countries, that make up 85.5 percent of the EU industrial robots market. In theory, robots can directly displace workers from performing specific tasks (displacement effect). But they can also expand labour...
Persistent link: https://www.econbiz.de/10012140818
We study the nature and geography of occupational change in 24 European Union countries from 2002 to 2016. We evaluate how the composition of skills in the labour force depends on new technologies enabled by artificial intelligence and machine learning, and on institutional variables including...
Persistent link: https://www.econbiz.de/10012605177