Showing 1 - 10 of 168
We consider a network that intermediates traffic between free content providers and consumers. Two-sided pricing of consumers and content providers allows profit extraction by the network and transmission of information on the social value of content. Profit maximizing tariffs give the content...
Persistent link: https://www.econbiz.de/10011268417
We consider a network that intermediates traffic between free content providers and consumers. While consumers do not know the traffic cost when deciding on consumption, a content provider knows his cost but may not control the consumption. We study how pricing consumers' and content providers'...
Persistent link: https://www.econbiz.de/10011083772
We reconsider the question of the optimal level of termination fees between communication networks in the context of heterogeneous usage and elastic participation. The interaction between these two features yields new insights; in our model: i) The profit maximizing reciprocal termination fee is...
Persistent link: https://www.econbiz.de/10010730044
We analyze early contracting when a seller has private information on the future gains from trade and the buyer can bypass. Despite ex-post trade occurring under complete information and being efficient, early negotiation with an informed seller allows the uninformed buyer to improve her...
Persistent link: https://www.econbiz.de/10010812648
We consider a network that intermediates traffic between free content providers and consumers. While consumers do not know the traffic cost when deciding on consumption, a content provider knows his cost but may not control the consumption. We study how pricing consumers'and content...
Persistent link: https://www.econbiz.de/10010760351
We analyze early contracting when a seller has private information on the future gains from trade and the buyer can bypass. Despite ex-post trade occurring under complete information and being efficient, early negotiation with an informed seller allows the uninformed buyer to improve her...
Persistent link: https://www.econbiz.de/10010852309
We consider a network that intermediates traffic between free content providers and consumers. While consumers do not know the traffic cost when deciding on consumption, a content provider knows his cost but may not control the consumption. We study how pricing consumers’ and content...
Persistent link: https://www.econbiz.de/10010752784
In this paper, we investigate the problem of decentralizing public good decision-making from a political and informational perspective. First, we explain why different levels of jurisdiction, central decision-maker and local ones, are likely to take their decisions under different informational...
Persistent link: https://www.econbiz.de/10005780418
This paper studies to what extent economic integration, or globalization, influences the accountability of politicians, In a framework the politicians are only controled through reelection rules, we study the effect of economic integration on the reelection rules chosen by the voters and try to...
Persistent link: https://www.econbiz.de/10005671168
Using a principal-agent framework, this paper analyzes a public good provision problem in which a central government tries to favor one of the regions for political reasons. We show how this favoritism leads to some distortions of the allocation scheme compared to the benevolent case. We then...
Persistent link: https://www.econbiz.de/10005215861