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Competition between Vertically Differentiated Platforms

Zennyo, Yusuke - 2019

This paper investigates the competition between vertically differentiated platforms in two-sided markets. We assume the presence of two competing platforms producing either higher- or lower-quality devices for consumers. Each platform decides the price of its hardware device for consumers and...

Persistent link: https://www.econbiz.de/10012904109

Competition and Confidentiality : Signaling Quality in a Duopoly When There is Universal Private Information

Daughety, Andrew F.; Reinganum, Jennifer F. - 2004

consumers. We assume "universal incomplete information;" that is, each market participant has some private information: each … consumer has private information about the intensity of her preferences for the firms' respective products and each firm has … private information about its own product's quality. We characterize a symmetric separating equilibrium in which each firm …

Persistent link: https://www.econbiz.de/10014070606

On Vertical Product Differentiation, Network Externalities and Compatibility Decisions : Existence of Incompatible Networks

Sarkar, Sumit - 2005

Market mechanism may or may not throw up compatibility in markets for systems where network effect arises due to complementarity of component parts of a system. We consider a game, where, in stage 1, the firms decide whether to standardise on a single technological platform or not and at the...

Persistent link: https://www.econbiz.de/10014070892

Quality-Improving R&D and Semi-Collusive Production Cartel in Differentiated Duopoly

Ouchida, Yasunori - 2017

This paper presents an examination of whether an antitrust authority should prohibit a quantity-setting duopolists' semi-collusive production cartel after noncooperative quality-improving R&D. Results show that values of the technological spillover and product differentiation parameters exist...

Persistent link: https://www.econbiz.de/10014164174

Finding endogenous market coverage equilibria in vertically differentiated markets under quality dependent costs

Pires, Cesaltina; Jorge, Sílvia; Catalão‐Lopes, … - 2022

This paper endogeneizes the level of market coverage in a vertically differentiated market where firms decide first their qualities and next their prices. We extend the few endogeneization results to a more realistic setup, with quality dependent unit production costs. We show that, depending on...

Persistent link: https://www.econbiz.de/10014237565

Differentiated Networks : Equilibrium and Efficiency

Argenziano, Rossella - 2007

cannot separate the common and the idiosyncratic component. Therefore, he has incomplete information about the value of the …

Persistent link: https://www.econbiz.de/10014052375

Exogenous Expenses in Industries with Vertical Product Differentiation and Quality Constraints

Burlakov, Georgi - 2015

In this paper we study how an exogenous expense of owning a market good affects the equilibrium outcome in a market with vertical product differentiation i.e. consumers differ by income but have identical preferences for the good's quality. We identify three possible subgame-perfect equilibrium...

Persistent link: https://www.econbiz.de/10013028226

Why Mixed Qualities May Not Survive at Equilibrium : The Case of Vertical Product Differentiation

Burlakov, Georgi - 2016

In the classical literature on vertical differentiation, goods are assumed to be single products each offered by a different firm and consumed separately one from another. This paper departs from the standard setup and explores the price competition in a vertically differentiated market where a...

Persistent link: https://www.econbiz.de/10012983463

Vertical Product Differentiation When Quality is Unobservable to Buyers

Orosel, Gerhard O.; Zauner, Klaus G. - 2021

We analyze vertical product differentiation in a model where a good's quality is unobservable to buyers before purchase, a continuum of quality levels is technologically feasible, and minimum quality is supplied under competitive conditions. After purchase the true quality of the good is...

Persistent link: https://www.econbiz.de/10013319004

Can Price Discrimination be Bad for Firms and Good for All Consumers? A Theoretical Analysis of Cross-Market Price Constraints with Entry and Product Differentiation

Azar, Ofer H. - Volkswirtschaftliche Fakultät, … - 2002

The article examines a differentiated-products duopoly model where the firms make entry decisions to two markets and then choose prices. The effects of product differentiation and entry costs are analyzed in two games: with and without price discrimination between the markets. Allowing price...

Persistent link: https://www.econbiz.de/10005836325

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