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Learning from data and network effects : the example of internet search
Schäfer, Maximilian; Sapi, Geza - 2020
The rise of dominant firms in data driven industries is often credited to their alleged data advantage. Empirical evidence lending support to this conjecture is surprisingly scarce. In this paper we document that data as an input into machine learning tasks display features that support the...
Persistent link: https://www.econbiz.de/10012270849
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E-commerce and prices : theory and evidence
Friberg, Richard (contributor);  … - 2000 - [Elektronische Ressource], Rev. September 8, 2000
This paper examines the relation between prices in conventional stores and on the Internet. Main results from the … to Internet reaches a critical level, ii) the relation between prices depends on convenience costs of shopping in regular … stores as well as on transport and navigation costs for goods bought over Internet, iii) retailers who only sell through …
Persistent link: https://www.econbiz.de/10001599969
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Competition in pricing algorithms
Brown, Zach Y.; MacKay, Alexander - 2019
Increasingly, retailers have access to better pricing technology, especially in online markets. Firms employ automated pricing algorithms that allow for high-frequency price changes. What are the implications for price competition? We develop a model of price competition where firms can differ...
Persistent link: https://www.econbiz.de/10012175360
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Sales taxation, spatial agglomeration, and the Internet
Agrawal, David R.; Wildasin, David E. - 2019
Technological innovations facilitating e-commerce have well-documented effects on consumer behavior and firm organization in the retail sector, but the effects of these new transaction technologies on fiscal systems remain unknown. By extending models of commodity tax competition to include...
Persistent link: https://www.econbiz.de/10012033135
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Piracy of digital products : a critical review of the economics literature
Peitz, Martin; Waelbroeck, Patrick - 2003
Digital products have the property that they can be copied almost costlessly. This makes them candidates for non-commercial copying by final consumers. Because the copy of a copy typically does not deteriorate in quality, copying products can become a wide-spread phenomenon this can be...
Persistent link: https://www.econbiz.de/10011511066
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Acquisitions, entry and innovation in network industries
Norbäck, Pehr-Johan; Persson, Lars; Tåg, Joacim - 2011
Why do so many high-priced acquisitions of entrepreneurial firms take place in network industries? We develop a theory of commercialization (entry or sale) in network industries showing that high equilibrium acquisition prices are driven by the incumbents' desire to prevent rivals from acquiring...
Persistent link: https://www.econbiz.de/10008936956
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The price of "Man" and "Woman" : a hedonic pricing model of avatar attributes in a synthetic world
Castronova, Edward - 2003
This paper explores a unique new source of social valuation: a market for bodies. The internet hosts a number of large …
Persistent link: https://www.econbiz.de/10011507957
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Does copyright enforcement encourage piracy?
Harbaugh, Rick; Khemka, Rahul - 2001
More intensive copyright enforcement reduces piracy, raises prices, and lowers consumer surplus. We show that these results do not hold regarding the extent rather than intensity of enforcement. When enforcement is targeted at high-value buyers such as corporate and government users, the...
Persistent link: https://www.econbiz.de/10011566220
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Online privacy and market structure : theory and evidence
Sabatino, Lorien; Sapi, Geza - 2019
This paper investigates how privacy regulation affects the structure of online markets. We provide a simple theoretical model capturing the basic trade-off between the degree of privacy intrusion and the informativeness of advertising. We derive empirically testable hypotheses regarding a...
Persistent link: https://www.econbiz.de/10011969027
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Net neutrality and inflation of traffic
Peitz, Martin; Schütt, Florian - 2015 - This version: February 2015
Under strict net neutrality Internet service providers (ISPs) are required to carry data without any differentiation …
Persistent link: https://www.econbiz.de/10011491785