scholarly journals A Leverage Theory of Tying in Two-Sided Markets with Nonnegative Price Constraints

2021 ◽  
Vol 13 (1) ◽  
pp. 283-337
Author(s):  
Jay Pil Choi ◽  
Doh-Shin Jeon

Motivated by recent antitrust cases in markets with zero-pricing, we develop a leverage theory of tying in two-sided markets. In the presence of the nonnegative price constraint, the Chicago school critique of tie-ins fails to hold. In the independent products case, tying provides a mechanism to circumvent the constraint in the tied market without inviting aggressive responses by the rival firm. In the complementary products case, the “price squeeze” mechanism cannot be used to extract surplus from the more efficient rival firm without tying. We identify conditions under which tying in two-sided markets is profitable and explore its welfare implications. (JEL D42, K21, L12, L41)

2006 ◽  
Vol 3 (2) ◽  
pp. 57-63 ◽  
Author(s):  
Ralf Dewenter

Seit einiger Zeit wird in der Medienliteratur der Begriff der „two-sided markets“ (auch zweiseitige Märkte genannt) verwendet und vor allem in jüngster Vergangenheit hat die Anzahl der wissenschaftlichen Beiträge und Konferenzen zu diesem Thema deutlich zugenommen. Was ist genau unter diesem Begriff zu verstehen? Welche Besonderheiten weisen zweiseitige Märkte auf? Und welche medienökonomischen Implikationen lassen sich für diese Märkte ableiten? Um diese Fragen zu beantworten, werden im Folgenden das Prinzip der zweiseitigen Märkte am Beispiel von Medienmärkten erläutert und einige Besonderheiten dieser Märkte dargestellt.


Author(s):  
Matthew M. Briones

Following Japan's attack on Pearl Harbor in 1941, the U.S. government rounded up more than one hundred thousand Japanese Americans and sent them to internment camps. One of those internees was Charles Kikuchi. In thousands of diary pages, he documented his experiences in the camps, his resettlement in Chicago and drafting into the army on the eve of Hiroshima and Nagasaki, and his postwar life as a social worker in New York City. Kikuchi's diaries bear witness to a watershed era in American race relations, and expose both the promise and the hypocrisy of American democracy. This book follows Kikuchi's personal odyssey among fellow Japanese American intellectuals, immigrant activists, Chicago School social scientists, everyday people on Chicago's South Side, and psychologically scarred veterans in the hospitals of New York. The book chronicles a remarkable moment in America's history in which interracial alliances challenged the limits of the elusive democratic ideal, and in which the nation was forced to choose between civil liberty and the fearful politics of racial hysteria. It was an era of world war and the atomic bomb, desegregation in the military but Jim and Jap Crow elsewhere in America, and a hopeful progressivism that gave way to Cold War paranoia. The book looks at Kikuchi's life and diaries as a lens through which to observe the possibilities, failures, and key conversations in a dynamic multiracial America.


1981 ◽  
Vol 20 (2) ◽  
pp. 269-273
Author(s):  
Syed Nawab Haider Naqvi

Unfortunately this is not the long-awaited textbook in economic demography. Indeed, it is not so much a text - a survey and introduction to the area - as it is a collection of essays on particular topics, often quite advanced and difficult for all but advanced students to follow. Also, the volume should, in all fairness, be subtitled "A Chicago Approach" since the philosophical and theoretical orientation as well as the methodological framework presented is totally that of the Becker Nerlove Chicago School. Easterlin, Leibenstein and the other non Chicago writers are mentioned only in passing. Thus, a beginner to the field would gel no feeling for the enormous, far-ranging controversies which continue to rage.


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