How Regulation Affects Network and Service Quality in Related Markets
Justus Haucap,Gordon J. Klein +1 more
TLDR
In this paper, the effects of network regulation on investment in complementary services can be either negative or positive, depending on the relative weight consumers assign to infrastructure versus service quality, and they also find constellations where regulation can enhance perceived total quality.About:
This article is published in Economics Letters.The article was published on 2012-11-01 and is currently open access. It has received 148 citations till now. The article focuses on the topics: Investment (macroeconomics) & Service quality.read more
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The Rise of the East and the Far East: German Labor Markets and Trade Integration
TL;DR: In this paper, the authors analyzed the effects of the unprecedented rise in trade between Germany and "the East" - China and Eastern Europe - in the period 1988-2008 on German local labor markets.
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Explicit vs. Tacit Collusion – The Impact of Communication in Oligopoly Experiments
TL;DR: In this paper, the authors explore the difference between explicit and tacit collusion by investigating the impact communication has in experimental markets, and find strong evidence that talking helps to obtain higher profits for any number of firms, however, the gain from communicating is non-monotonic in the number of companies, with medium-sized industries having the largest additional profit from talking.
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Google, Facebook, Amazon, eBay: Is the internet driving competition or market monopolization?
Justus Haucap,Ulrich Heimeshoff +1 more
TL;DR: In this paper, the general characteristics of online markets from a competition theory perspective and the implications for competition policy are analyzed in three important Internet markets: search engines, online auction platforms, and social networks.
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(International) R&D Collaboration and SMEs: The Effectiveness of Targeted Public R&D Support Schemes
TL;DR: In this paper, the effectiveness of targeted public support for R&D investment was analyzed and the specific policy design aiming at incentivizing international collaboration and research in small and medium-sized firms was tested.
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More bits - more bucks? Measuring the impact of broadband internet on firm performance
TL;DR: In this article, the authors provide empirical evidence for the causal impact of broadband Internet on the economic performance of German firms, measured in terms of labour productivity and realised process and product innovations, and show that broadband Internet has no impact on firms' labour productivity whereas it exhibits a positive and significant impact on their innovation activity.
References
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Journal ArticleDOI
Price and quantity competition in a differentiated duopoly
Nirvikar Singh,Xavier Vives +1 more
TL;DR: The authors analyzes the duality of prices and quantities in a differentiated duopoly and shows that if firms can only make two types of binding contracts with consumers, the price contract and the quantity contract, it is a dominant strategy for each firm to choose the quantity (price) contract, provided the goods are substitutes (complements).
Book
Oligopoly Pricing: Old Ideas and New Tools
TL;DR: In this article, Vives applies a modern game-theoretic approach to develop a theory of oligopoly pricing, using two-stage games, the modeling of competition under asymmetric information and mechanism design theory, and the theory of repeated and dynamic games.
Journal ArticleDOI
Network Competition: I. Overview and Nondiscriminatory Pricing
TL;DR: In this paper, the authors develop a model of unregulated competition between interconnected networks and analyze the mature and transition phases of the industry in this deregulated environ-ment, showing that a competitive equilibrium may fail to exist for large access charges or for large network substitutability, and that freely negotiated access charges may prevent effective competition in the mature phase and erect barriers to entry in the transition toward competition.
Journal ArticleDOI
A Within-Subject Analysis of Other-Regarding Preferences
TL;DR: The model seems to capture various behavioral motives in different games but the correlation of these motives is low within subjects, and it is found that within-subject tests can differ markedly from aggregate-level analyses.
Book Chapter
The theory of access pricing and interconnection
TL;DR: In this article, the authors survey the theory of access pricing and interconnection in telecommunicatons and discuss one-way access pricing, competition bottlenects, and two way access pricing.
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Pharmaceutical Prices under Regulation: Tiered Co-payments and Reference Pricing in Germany
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