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Producers of software viewers commonly offer basic versions of their products for free while more sophisticated versions are highly priced, thereby, providing less attractive or lower valuations consumers with larger utility levels. We give some foundations to this outcome called versioning. We...
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Two producers offer differentiated goods to a representative consumer. The buyer has distinct marginal valuations for the quality of the products. Each producer perfectly knows the consumer's taste for its own product, but remains uninformed about its taste for the rival's product. When each...
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It is crucial for content providers (CPs) to appear prominently on dominant online platforms in order to attract consumer demand. Platforms often offer content providers prominence in return for a monetary compensation (e.g., a sponsored listing). We consider the case where CPs can pay the...
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