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We model the main arguments of the net neutrality debate in atwo-sided market framework with network congestion sensitive con-tent providers and Internet consumers on each side, respectively. Theplatform is controlled by a monopolistic Internet service provider, whomay choose to sell content...
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In this paper, we examine the performance of the market mechanism by focusing on whether no one, in the "long-run", can be left behind with technological innovation in the economy. We show that the market mechanism with technological innovation unavoidably leaves some individuals behind. We...
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