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Local telecommunications competition was an important goal of the 1996 Telecommunications Act. We evaluate the consumer welfare effects of entry into residential local telephone service in New York State using household-level data from September 1999 to March 2003. We address the prevalence of...
Persistent link: https://www.econbiz.de/10014027479
We examine the price decisions in a vertically differentiated duopoly where the decision to buy a good depends not only upon the intrinsic utility from consuming it but also upon the social attributes (prestige, uniqueness etc) associated with its consumption. These social attributes are...
Persistent link: https://www.econbiz.de/10013099145
, product variety and investments in quality, as an outcome of firms' ex ante competitive decisions, may increase or decrease …
Persistent link: https://www.econbiz.de/10011897787
Persistent link: https://www.econbiz.de/10014128788
We compare four approaches to network neutrality and network management regulation in a two-sided market model: (i) no variations in Quality of Service and no price discrimination; (ii) variations in Quality of Service but no price discrimination; (iii) variations in Quality of Service and price...
Persistent link: https://www.econbiz.de/10014183299
In this paper we study the implications of service level guarantees (SLGs) in a model of oligopoly competition where providers compete to deliver a service to congestion-sensitive consumers. The SLG is a contractual obligation on the part of the service provider: regardless of how many customers...
Persistent link: https://www.econbiz.de/10014048265
This paper provides a thorough analysis of oligopolistic markets with positive demand-side network externalities and perfect compatibility. The minimal structure imposed on the model primitives is such that industry output increases in a firm's rivals' total output as well as in the expected...
Persistent link: https://www.econbiz.de/10014201449
We study competitive interaction between profit-maximizing firms that sell software and complementary goods or services. In addition to tactical price competition, we allow firms to compete through business model reconfigurations. We consider three business models: the proprietary model (where...
Persistent link: https://www.econbiz.de/10014203928
We analyze a duopoly game in which products are initially differentiated in variety and quality. Each consumer has a most preferred variety and a quality valuation. Customization provides ideal varieties but has no effect on product qualities. The firms first choose whether to customize their...
Persistent link: https://www.econbiz.de/10014213700
In this paper we estimate a structural model of search for differentiated products, using a unique dataset of consumer online search for hotels. We propose and implement an identification strategy that allows us to separately estimate consumer's beliefs, search costs and preferences. Learning...
Persistent link: https://www.econbiz.de/10014213801