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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP4690 |
DP4690 Tariff Protection, Intellectual Property Rights and North-South Trade with Perfect Price Flexibility | |
Kresimir Zigic; Delia Ionascu | |
发表日期 | 2004-10-23 |
出版年 | 2004 |
语种 | 英语 |
摘要 | We develop a general theoretical framework of trade on a platform on which buyers and sellers interact. The platform may be owned by a single large, or many small independent or vertically integrated intermediaries. There also may be free entry into the market for platform slots, or platform owners my form a club that restricts entry. We provide a positive and normative analysis of the impact of platform ownership structure on platform size. The strength of network effects is important in the ranking of ownership structures by induced equilibrium platform size and welfare. We develop an intuitive taxonomy of these towards developing our results. We show that while vertical integration may be welfare-enhancing if network effects are weak, monopoly platform ownership is socially preferred if they are strong. These are also the ownership structures likely to emerge. |
主题 | Industrial Organization |
关键词 | Two-sided markets Network effects Intermediation Product diversity |
URL | https://cepr.org/publications/dp4690 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/533608 |
推荐引用方式 GB/T 7714 | Kresimir Zigic,Delia Ionascu. DP4690 Tariff Protection, Intellectual Property Rights and North-South Trade with Perfect Price Flexibility. 2004. |
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