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, it will be shown that under incomplete information, the extent of platform access for high-demand agents is strictly … optimum to charge higher payments from low-demand agents if the extent of interaction with agents from the opposite market …
Persistent link: https://www.econbiz.de/10011260128
We analyze the optimal location choice of a monopolistic firm that operates two platforms on a two-sided market. We show that the optimal platform locations are equivalent to the one-sided benchmark if both sides are either restricted to single- or multi-homing. In the mixed case (one side...
Persistent link: https://www.econbiz.de/10011113925
When it speaks of Schumpeterian hypothesis we refer to the close relationship that exists between the degree of innovation and market structure. The entrepreneur represented by Schumpeter's is strongly creative and innovative to condition to be able to get e/o to maintain a market power, and...
Persistent link: https://www.econbiz.de/10009370827
all platforms or a “pure” monopoly with just one platform. Literature has not generally discussed, which benchmark is the … demand functions. Different situations require different benchmarks. Our results also help to anticipate the effects of …
Persistent link: https://www.econbiz.de/10009372469
market sides in the duopoly market exceeds total demand in the monopoly market. Furthermore, even though there is no …We propose both a monopoly and a duopoly model of a two-sided market. Both settings are fully comparable, as we impose … sizes. We determine the duopoly equilibrium and the monopoly optimum in terms of the parameters and obtain solutions with …
Persistent link: https://www.econbiz.de/10008543016
Consider a firm advertising in a job matching agency with the aim of employing the most qualified workers. Its chances of success would be higher for a smaller number of competitor firms advertising in the same job matching agency, i.e. careerbuilder.com. How would the resulting competitive...
Persistent link: https://www.econbiz.de/10005789304
Advertising is commonly regarded as a strategic tool to increase demand and steal business from competitors. The …
Persistent link: https://www.econbiz.de/10009372583
We study general discrete-types multidimensional screening without any noticeable restrictions on valuations, using instead epsilon-relaxation of the incentive-compatibility constraints. Any active (becoming equality) constraint can be perceived as "envy" arc from one type to another, so the set...
Persistent link: https://www.econbiz.de/10008923043
expected prices; (2) the firm's incentive to adopt a rigid pricing strategy is stronger when fluctuations are in demand rather …
Persistent link: https://www.econbiz.de/10008562610
This paper shows how an airline monopoly uses refundable and non-refundable tickets to screen consumers who are … individual demand uncertainty is resolved. Using an original data set from U.S. airline markets, we find strong evidence … individuals learn about their demand. …
Persistent link: https://www.econbiz.de/10011114431