This paper examines price data on over 222 LCD televisions to estimate indirect network effects arising from two sources. First, we conjecture that the disconnect between the timing of when broadcasters are required to convert to an only digital-signal world and when television manufacturers...

This paper examines price data on over 222 LCD televisions to estimate indirect network effects arising from two sources. First, we conjecture that the disconnect between the timing of when broadcasters are required to convert to an only-digital-signal world and when television manufacturers are...

Price dispersion - firms charging different prices for the same product - is widely observed in both online and traditional offline markets. While most price dispersion is explained by stylized clearinghouse models such as Varian (1980), these models do not explain why prices in offline markets...

Entwicklung und Diskussion eines makroökonomischen Modells der Brainard-Tobin-Tradition über das Spar- und Ausgabeverhalten privater Haushalte in Entwicklungsländern. Anwendung des Modells auf die spezifische Situation in Südkorea und Herausarbeitung der Gründe, die in diesem Land während...