作者:Laffont, JJ; Marcus, S; Rey, P; Tirole, J
作者单位:Universite de Toulouse; Universite de Toulouse; Massachusetts Institute of Technology (MIT)
摘要:We develop a framework for Internet backbone competition. In the absence of direct payments between websites and consumers, the access charge allocates communication costs between websites and consumers and affects the volume of traffic. We analyze the impact of the access charge on competitive strategies in an unregulated retail environment. In a remarkably broad range of environments, operators set prices for their customers as if their customers' traffic were entirely off-net. We then compa...
作者:Crémer, J
作者单位:Universite de Toulouse; Universite de Toulouse
作者:Elfenbein, DW; Lerner, J
作者单位:Harvard University; National Bureau of Economic Research
摘要:We examine the structure of more than 100 alliances by Internet portals and other firms between 1995 to 1999 from a contract-theory perspective. Models of incomplete contracts frequently invoke unforeseen contingencies, the cost of writing contracts, and the cost of enforcing contracts in justifying the assumption of incompleteness. The setting in which Internet portals formed alliances was rife with these sorts of transaction costs. We argue that these alliances can be viewed as incomplete co...