Showing 1 - 10 of 80
How do firms respond to entry in multi-sided markets? We address this question by studying the impact of Craigslist, a … Craigslist’s entry to show that newspapers with greater reliance on classified-ad revenue experience a larger drop in classified …-ad rates after Craigslist’s entry. The impact of Craigslist’s entry on the classified-ad side appears to propagate to other …
Persistent link: https://www.econbiz.de/10014189996
This paper investigates the price war in the UK quality newspaper industry in the 1990s. We build a model of the … newspaper market which encompasses demand for differentiated products on both, the readers and advertisers side of the market …
Persistent link: https://www.econbiz.de/10014201457
How has the Internet affected newspaper content? We build a dataset that matches newspaper readability measures to … and newspaper readability. This result appears remarkably robust. The relationship is evident in non-parametric graphs of … Internet is "dumbing down" content, we find evidence supporting the opposite hypothesis: newspaper content appears to be …
Persistent link: https://www.econbiz.de/10014141810
) newspapers in the Internet. For this purpose, we build a model of multiple issues which allows each newspaper to choose quality … leads each newspaper to specialize in terms of news coverage. In this case, its presence changes quality choices from …
Persistent link: https://www.econbiz.de/10013065214
-sided platforms selling differentiated products. We apply the proposed methodology to the Dutch newspaper industry. Our structural …
Persistent link: https://www.econbiz.de/10013136893
Our study extends the empirical literature on whether vertical restraints are anticompetitive. We focus on exclusive contracting in platform markets, which feature indirect network effects and thus are susceptible to applications barriers to entry. Theory suggests that exclusive contracts in...
Persistent link: https://www.econbiz.de/10014047965
We study whether complementarities can help a firm enter a market with strong network effects and incumbency advantages. We find that bundling the network good with a complementary good, or using the network good as a loss leader (i.e., pricing below marginal cost) can facilitate entry, but that...
Persistent link: https://www.econbiz.de/10012981808
The digitization of content has led to the emergence of platforms that draw information from multiple sources. Policymakers are concerned that these new platforms threaten incentives for the production of original content. As a result, policymakers are contemplating regulations that would force...
Persistent link: https://www.econbiz.de/10014043268
We analyse a newspaper market where two editors compete for advertising as well as for readership. They first choose … the political position of their newspaper, then set cover prices and advertising tariffs. We build on the work of …
Persistent link: https://www.econbiz.de/10013118579
Newspapers' advertising revenues have declined sharply in recent decades. We build a model to investigate the consequences on newspapers' content and prices of a reduction in advertisers' willingness to pay. Newspapers choose the size of their newsroom, and readers are heterogeneous in the...
Persistent link: https://www.econbiz.de/10012973927