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We extend the models in ("Competition in Two-sided Markets" of Armstrong (2006, 'Rand Journal of Economics') by adding …
Persistent link: https://www.econbiz.de/10013019789
treatment costs, health care markets differ so significantly from hypothetical 'perfect competition' that competition and … competition where welfare is maximised when prices differ from marginal cost, this paper develops an alternative taxonomy for … thinking about institutional design and the application of competition principles in health care markets. The taxonomy …
Persistent link: https://www.econbiz.de/10012721581
Persistent link: https://www.econbiz.de/10014557649
We study platforms competing in commissions on revenues of sellers engaged in monopolistic competition, as the app … superstars and a long tail of singlehoming sellers. Competition to attract buyers and sellers induces the platforms to set the …
Persistent link: https://www.econbiz.de/10013216580
. Inspired by the theory of the core, we explore the idea that the competitive process is the process of sellers and buyers …
Persistent link: https://www.econbiz.de/10014185970
placed upon assessing market outcomes against the fundamental determinants of supply, demand and competition. In this spirit … competition induced some separation into local markets that was eliminated by transmission enhancement and the introduction of …
Persistent link: https://www.econbiz.de/10014057829
Two-sided platform businesses serve distinct groups of customers and need each other in some way. They provide these customers a real or virtual meeting place, and they facilitate the interactions between members of these customer groups. They essentially act as intermediaries between the two...
Persistent link: https://www.econbiz.de/10012766623
Persistent link: https://www.econbiz.de/10010506918
We extend the models in ("Competition in two-sided markets" of Armstrong (2006, Rand Journal of Economics) by adding …
Persistent link: https://www.econbiz.de/10011403539
"Two-sided" markets have two different groups of customers that businesses have to get on board to succeed - there is a "chicken-and-egg" problem that needs to be solved. These industries range from dating clubs (men and women), to video game consoles (game developers and users), to credit cards...
Persistent link: https://www.econbiz.de/10014108723