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The Economics of Platforms
"According to historians, European trade took off at the end of the 12th century in what is now the North of France, in the county of Champagne.1 It is at this period that this county started to host regular trade fairs, which lasted for six weeks and rotated across six cities. Merchants came from all over Europe because they were confident that they would meet each other at these fairs. This confidence was instilled by the count of Champagne, through his authoritative and clever running of the fairs. Everything was done to provide merchants with a safe and efficient business environment. The count of Champagne actively selected the participants, especially by keeping away dubious businessmen. Once admitted, all participants were on a level playing field, as the count carefully avoided to grant any privilege to anyone. The fair locations were fortified, and impartial institutions were put in place to enforce contracts and resolve disputes. The count also guaranteed loans and the replacement of cash by notary bills to settle transactions. In exchange of all these services, the count took a small share of each transaction and quickly amassed a fortune"--
Unleashing E-Commerce for South Asian Integration
This report is part of a broader work program on shaping a more positive narrative on regional integration in South Asia. It is a follow-up to a recent flagship report published by the South Asia Region of the World Bank, A Glass Half Full: The Promise of Regional Trade in South Asia. E-commerce is dramatically changing the way goods and services are transacted nationally, regionally, and globally. It facilitates international trade by reducing the cost of distance and remoteness and can be more inclusive of underrepresented groups such as women, small businesses, and rural entrepreneurs. Intraregional trade in South Asia is still below its potential, and the region lags behind other parts o...
Digital markets and online platforms: new perspectives on regulation and competition law
Across the world, regulators and policy makers are grappling with how to establish a competitive, safe and fair online environment that also safeguards users’ fundamental rights as citizens. Ahead of the European Commission’s Digital Markets Act (DMA), this book “Digital markets and online platforms: new perspectives on regulation and competition law“, presents CERRE’s latest contribution to the debate with concrete policy recommendations. Together, the policy recommendations in this book present a roadmap that should be pursued for EU policy makers to safeguard competition and innovation in digital platform markets. They can be organised into three key areas for action: (i) More e...
Handbook on the Economics of the Media
Media industries and services present a complex set of challenges to economic analysis: challenges made more difficult by the technological changes that have been transforming the media sector. Research on the economics of media has made major advances
Law of Raw Data
Data, in its raw or unstructured form, has become an important and valuable economic asset, lending it the sobriquet of ‘the oil of the twenty-first century’. Clearly, as intellectual property, raw data must be legally defined if not somehow protected to ensure that its access and re-use can be subject to legal relations. As legislators struggle to develop a settled legal regime in this complex area, this indispensable handbook will offer a careful and dedicated analysis of the legal instruments and remedies, both existing and potential, that provide such protection across a wide variety of national legal systems. Produced under the auspices of the International Association for the Prote...
eCommerce Economics
This second edition of eCommerce Economics addresses the economic issues associated with using computer-mediated electronic networks, such as the Internet, as mechanisms for transferring ownership of or rights to use goods and services. After studying this book, students will recognize problems that arise in the electronic marketplace, such as how to gauge the competitive environment, what products to offer, how to market those products, and how to price those products. They also will understand the conceptual tools required to evaluate the proper scope of public policies relating to electronic commerce. Core topics covered in the book include the underpinning of electronic commerce and the ...
Elgar Encyclopedia on the Economics of Competition, Regulation and Antitrust
Providing an extensive overview of the literature, the Elgar Encyclopedia on the Economics of Competition, Regulation and Antitrust examines perspectives on the many interrelated issues in competition economics.
Handbook of Game Theory and Industrial Organization, Volume II
This second volume of the Handbook includes original contribution by experts in the field. It provides up-to-date surveys of the most relevant applications of game theory to industrial organization. The book covers both classical as well as new IO topics such as mergers in markets with homogeneous and differentiated goods, leniency and coordinated effects in cartels and mergers, static and dynamic contests, consumer search and product safety, strategic delegation, platforms and network effects, auctions, environmental and resource economics, intellectual property, healthcare, corruption, experimental industrial organization and empirical models of R&D.
