Showing 1 - 10 of 22
This paper explores the incentives for, and the effects of, collusion in prices between two-sided platforms. We … a single side of the market. Under two-sided collusion, prices on both sides are higher than competitive prices …-group externalities makes two-sided collusion at a given profit level harder to sustain, and reduces the harm from collusion suffered by …
Persistent link: https://www.econbiz.de/10012946078
and compare two forms of collusion: in the first, publishers cooperatively select both prices and political position; in … differentiation outcome does not depend on the size of the advertising market. We thus show that collusion on prices reinforces the …
Persistent link: https://www.econbiz.de/10013118579
This paper empirically analyzes how the use of vertical price restraints has impacted retail prices in the market for e-books. In 2010 five of the six largest publishers simultaneously adopted the agency model of book sales, allowing them to directly set retail prices. This led the Department of...
Persistent link: https://www.econbiz.de/10014141798
As auctions are becoming the main mechanism for selling advertisement space on the web, marketing agencies specialized … in bidding in online auctions are proliferating. We analyze theoretically how bidding delegation to a common marketing …
Persistent link: https://www.econbiz.de/10013074903
We present an empirical investigation of the role of marketing agencies in Google's online ad auctions. By combining … data on advertisers' affiliation to marketing agencies with data on bidding in ad auctions, we analyze how changes in the …
Persistent link: https://www.econbiz.de/10012946075
Increasingly detailed consumer information makes sophisticated price discrimination possible. At fine levels of aggregation, demand may not obey standard regularity conditions. We propose a new randomized sales mechanism for such environments. Bidders can "buy-it-now" at a posted price, or...
Persistent link: https://www.econbiz.de/10013067147
other business buyers. Using a proprietary dataset of secondary market auctions hosted on an online B2B platform, we study … how market pricing information from other auctions for comparable products a ffects the bidding behavior of the first … behavior and concurrent prices, formed from other open and just-finished auctions relative to the focal auction. We also study …
Persistent link: https://www.econbiz.de/10014164583
This study analyzes and contrasts the U.S. and EU antitrust standards on bundling (in its various forms) and tying. The analysis is applied to the U.S. and EU cases concerning Microsoft's practice of integrating (tying) new products (Internet Explorer in the U.S. and Windows Media Player in the...
Persistent link: https://www.econbiz.de/10014047962
We study competition among upstream firms when each of them sells a portfolio of distinct products and the downstream has a limited number of slots (or shelf space). In this situation, we study how bundling affects competition for slots. When the downstream has k number of slots, social...
Persistent link: https://www.econbiz.de/10014048270
We study a retail benchmarking approach to determine access prices for interconnected networks. Instead of considering fixed access charges as in the existing literature, we study access pricing rules that determine the access price that network i pays to network j as a linear function of the...
Persistent link: https://www.econbiz.de/10014048275