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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP8502 |
DP8502 Leveraging Monopoly Power by Degrading Interoperability: Theory and evidence from computer markets | |
Kai-Uwe Kühn; John Van Reenen; Christos Genakos | |
发表日期 | 2011-08-01 |
出版年 | 2011 |
语种 | 英语 |
摘要 | When will a monopolist have incentives to foreclose a complementary market by degrading compatibility/interoperability of his products with those of rivals? We develop a framework where leveraging extracts more rents from the monopoly market by 'restoring' second degree price discrimination. In a random coefficient model with complements we derive a policy test for when incentives to reduce rival quality will hold. Our application is to Microsoft?s strategic incentives to leverage market power from personal computer to server operating systems. We estimate a structural random coefficients demand system which allows for complements (PCs and servers). Our estimates suggest that there were incentives to reduce interoperability which were particularly strong at the turn of the 21st Century. |
主题 | Industrial Organization |
关键词 | Foreclosure Anti-trust Demand estimation Interoperability |
URL | https://cepr.org/publications/dp8502 |
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/537339 |
推荐引用方式 GB/T 7714 | Kai-Uwe Kühn,John Van Reenen,Christos Genakos. DP8502 Leveraging Monopoly Power by Degrading Interoperability: Theory and evidence from computer markets. 2011. |
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