Download or read book Essays on Pricing in Two sided Markets written by Feriha Zingal and published by . This book was released on 2013 with total page 121 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Essays on the Economics of Two Sided Markets written by David S. Evans and published by . This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume collects a series of essays that I have written over the last decade on businesses that create value by providing products that enable two or more different types of customers to get together, find each other, and exchange value. Part I presents background pieces on the economics of multi-sided platforms and industries in which these platforms are common. Part II examines the antitrust economics of two-sided markets including defining the difficult problem of defining the boundaries of competition. Part III comprises several papers that apply two-sided market analysis to web-based businesses. Part IV does the same for payment cards which is the industry that attracted much of the early two-sided analysis - in part because this framework was helpful for understanding the hotly debated issue of interchange fees. Part V collects several article and book chapters on software platforms. These platforms have become especially important in the last several years because they are now the basis for revolutionary developments with mobile devices (e.g. the iPhone and Android), social networking (Facebook in particular), and payments (PayPalX). The essays are published as originally written (usually, in fact, whatever version could be made freely available). The book itself consists of a series of urls (website addresses) that enable the reader to download these papers.
Download or read book Essays on Monopolistic and Oligopolistic Pricing Behavior in Two sided Markets written by Enrico Böhme and published by . This book was released on 2013 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Three Essays on the Economics of Two sided Markets written by Tim Brühn and published by . This book was released on 2015 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Essays on Two sided Markets with Externalities written by Alper Nakkas and published by . This book was released on 2010 with total page 119 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Essays on Platform Competition and Two sided Markets written by Robin Seung-Jin Lee and published by . This book was released on 2008 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt: This dissertation comprises three essays on the industrial organization of platform and two-sided markets. In these networked industries, agents on one side of the market adopt, join, or visit a platform intermediary in order to access goods or services provided by agents on another side of the market. All three essays focus on environments where one side of the market consists of a small number of strategic firms, and analyze competition among platforms to get members of this oligopolistic side "on-board." The first essay provides a model of platform competition for symmetric firms that allows for general externalities across both contracting and non-contracting partners, and addresses the question of when a market will sustain a single or multiple platforms. When firms and consumers can join only one platform, the essay provide conditions under which market-tipping and market-splitting equilibria may exist, and illustrates how either outcome may still be inefficient despite the presence of contingent contracts.
Download or read book Essays on Uniform Pricing and Vertical Contracts in Two sided Markets written by Andre Boik and published by . This book was released on 2014 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Essays on Platforms and Two sided Markets written by Mark Joseph Tremblay and published by . This book was released on 2016 with total page 95 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Understanding Online Two sided Market written by Jinyang Zheng and published by . This book was released on 2017 with total page 178 pages. Available in PDF, EPUB and Kindle. Book excerpt: This dissertation provides a comprehensive investigation of online two-sided markets from empirical perspective. The four essays included propose research questions from four different angles and answer those questions by using four correspondingly matched empirical setups. In essay 1, we study the adoption of online two-sided market by investigating how two-sided sales promotion affects drivers’ willingness to use the TNC app and how the TNC develops its optimal promotion strategies accordingly. We find that the substantial value of early promotion not only encourages current usage but also fosters learning that sustains drivers’ use of the app afterward. The results also show that revealed tips from passengers signal low quality of service and that platform cashback to passengers has a positive effect on drivers by increasing drivers’ chances of being rewarded. In essay 2, we investigate the information asymmetry problem of online two-sided market by measuring the effect of platform endorsements and consumer-generated reputation on demand in the online service marketplace and the effect of a “conform or be cast out” policy that is applied by the platform to ensure that sellers have platform refund insurance on the platform-wide quality and competency. We find that individuals have relatively consistent sensitivity to consumer-generated reputation, but different perceptions of platform endorsements, some of which could have a negative effect on demand. Regarding the “conform or be cast out” policy, we find that, even though casting-out reduces the variety of sellers and, thus, decreases platform-wide demand and consumer welfare, the negative effect is offset by sellers’ having platform refund insurance. In essay 3, we study the social influence of online two-sided market by investigating how a review-in-review (RIR) affects rating behavior. We find measurable evidence that individuals rate, in part, to satisfy their expectation of gaining social capital. The average rater weights social capital gain at approximately 20%. In essay 4, we examined the role of the mega player in the online two-sided market by estimating the spillover effects of WeChat on the other top-50 most frequently used apps in China. We find that the spillover effects of WeChat are limited; in fact, only two other only two other apps, Tencent News and Taobao, receive positive spillover effects from WeChat.
Download or read book Platform Economics written by David S. Evans and published by . This book was released on 2014 with total page 459 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume collects a series of essays that I have written over the last decade on multi-sided platform businesses that create value by providing products that enable two or more different types of customers to get together, find each other, and exchange value. Part I presents background pieces on the economics of multi-sided platforms and industries in which these platforms are common. Part II examines the antitrust economics of two-sided markets including the difficult problem of defining the boundaries of competition. Part III comprises several papers that apply two-sided market analysis to web-based businesses. Part IV does the same for payment cards which is the industry that attracted much of the early two-sided analysis -- in part because this framework was helpful for understanding the hotly debated issue of interchange fees. Part V collects several article and book chapters on software platforms. These platforms have become especially important in the last several years because they are now the basis for revolutionary developments with mobile devices (e.g. the iPhone and Android), social networking (Facebook in particular), and payments (PayPalX).
Download or read book Three Essays on Bundling and Two sided Markets written by Jin Jeon and published by . This book was released on 2006 with total page 147 pages. Available in PDF, EPUB and Kindle. Book excerpt: Finally, Chapter 5 summarizes major findings with some policy implications.
Download or read book Essays on Market Structure written by Feng Ruan and published by . This book was released on 2012 with total page 87 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Hart Schaffner Marx Prize Essays written by and published by . This book was released on 1913 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Predatory Pricing in Two Sided Markets written by Amelia Fletcher and published by . This book was released on 2007 with total page 5 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past few years, there has been a burgeoning literature on two-sided markets and economic understanding of such markets has improved hugely. Less attention has, however, been paid to how competition policy should be applied in two-sided markets.This short note does not attempt to provide a comprehensive analysis of this issue, but merely presents a brief comment on the implications of two-sided market theory for one possible abuse of a dominant position under Article 82 of the EC Treaty: predatory pricing.
Download or read book Public Policy Financial Economics Essays In Honor Of Professor George G Kaufman For His Lifelong Contributions To The Profession written by Douglas D Evanoff and published by World Scientific. This book was released on 2018-03-08 with total page 313 pages. Available in PDF, EPUB and Kindle. Book excerpt: The central goal of this volume was to assemble outstanding scholars and policymakers in the field of financial markets and institutions and have them articulate significant market developments in their particular areas of expertise during the past few decades.Not just a celebratory volume, Public Policy and Financial Economics selected internationally recognized financial economists who have worked with Professor Kaufman during his years of scholarly research, and have a combined mastery of specialized financial markets themes and, very importantly, knowledge of public policies in the areas. All 15 chapters offer unique, innovative, and exciting expositions of several critical topics in financial economics.
Download or read book Essays on the Analysis and Implications of Two sided Matching Markets written by James W. Boudreau and published by . This book was released on 2009 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Essays on Pricing and Competition written by Matias Pietola and published by . This book was released on 2020 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The thesis consists of an introduction and three self-contained chapters. The first and the third chapters analyze the interaction between competition and cooperation, whereas the second one is about pricing and incentives. Motivated by recent antitrust cases in the pharmaceutical industry, the first chapter studies the interplay between pay-for-delay settlements, licensing deals and litigation. The analysis highlights the externalities that they generate: pay-for-delay settlements reduce competition, which encourages entry; licensing and litigation make entering less profitable. Faced with multiple entrants, the incumbent exploits these externalities by offering licensing deals to some entrants or by pursuing litigation in order to decrease the cost of delaying contracts offered to others. The number of delayed entrants increases with patent strength. Entrants without pay-for-delay settlements pursue litigation for patents of intermediate strength; otherwise, they receive licensing deals. The second chapter studies the conditions under which an intermediary can decentralize the pricing decisions of a transaction to privately informed parties. The analysis shows that decentralized pricing is both necessary and sufficient for ex post incentive compatibility if the parties have negatively interdependent transaction values (as is often the case in transactions between buyers and sellers: an increase in the quality of the good makes purchasing it more attractive, but increases the seller's opportunity cost). On the contrary, with positive interdependence, we obtain a negative result. The results provide new insights into robust trading mechanisms, the equivalence between Bayesian and dominant strategy implementation, tax incidence, and pricing in two-sided markets. The third chapter studies advertising sales' cooperation between media platforms (television or radio channels, newspapers, etc.) that compete over content offered to consumers. A sales representation agreement, whereby one of the platforms delegates its advertising sales to another platform, in exchange for a fee per subscriber, not only increases the price of advertising, but also reduces content investment. Revenue sharing leads to even less content investment, as the platforms free-ride on the content paid by the other.
