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Competition between networks: A study of the market for yellow pages

[PDF] from ubc.ca
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M Rysman - Review of Economic Studies, 2004 - Wiley Online Library
This paper estimates the importance of network effects in the market for Yellow Pages. I
estimate three simultaneous equations: consumer demand for usage of a directory,
advertiser demand for advertising and a publisher's first-order condition (derived from ...
Cited by 303 - Related articles - BL Direct - All 24 versions

AN EMPIRICAL ANALYSIS OF PAYMENT CARD USAGE*

[PDF] from bu.edu
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M Rysman - The Journal of Industrial Economics, 2007 - Wiley Online Library
I exploit a unique data set on the payment card industry to study issues associated with
network effects and two-sided markets. I show that consumers concentrate their spending on
a single payment network (single-homing), although many maintain unused cards that ...
Cited by 126 - Related articles - BL Direct - All 28 versions

Dynamics of consumer demand for new durable goods

[PDF] from bu.edu
G Gowrisankaran… - 2009 - nber.org
This paper specifies and estimates a dynamic model of consumer preferences for new
durable goods with persistent heterogeneous consumer tastes, rational expectations about
future products and repeat purchases over time. Most new consumer durable goods, ...
Cited by 121 - Related articles - Library Search - All 77 versions

Unobserved product differentiation in discrete choice models: Estimating price elasticities and welfare effects

[PDF] from hec.ca
DA Ackerberg… - 2002 - nber.org
Standard discrete choice models such as logit, nested logit, and random coefficients models
place very strong restrictions on how unobservable product space increases with the
number of products. We argue (and show with Monte Carlo experiments) that these ...
Cited by 114 - Related articles - Library Search - BL Direct - All 20 versions

[PDF] Patents and the performance of voluntary standard-setting organizations

[PDF] from nber.org
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M Rysman… - Management Science, 2010 - nber.org
Abstract This paper measures the technological significance of voluntary standard setting
organizations (SSOs) by examining citations to patents disclosed in the standard setting
process. We find that SSO patents are cited far more frequently than a set of control ...
Cited by 97 - Related articles - View as HTML - All 40 versions

Competition and price discrimination in yellow pages advertising

[PDF] from homeip.net
M Busse… - 2001 - papers.ssrn.com
Abstract: This paper examines the effect of competition on second degree price
discrimination in display advertising in Yellow Page directories. Recent theoretical work
makes conflicting predictions about the effect of competition on curvature. Our main ...
Cited by 94 - Related articles - BL Direct - All 22 versions

The economics of two-sided markets

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M Rysman - The Journal of Economic Perspectives, 2009 - JSTOR
Broadly speaking, a two-sided market is one in which 1) two sets of agents interact through
an intermediary or platform, and 2) the decisions of each set of agents affects the outcomes
of the other set of agents, typically through an externality. In the case of a video game ...
Cited by 97 - Related articles - All 7 versions

Coordination versus differentiation in a standards war: 56k modems

Full text - MIT Libraries
A Augereau, S Greenstein… - The Rand Journal of …, 2006 - Wiley Online Library
56K modems were introduced under two competing incompatible standards. We show the
importance of competition between internet service providers in the adoption process. We
show that ISPs were less likely to adopt the technology that more competitors adopted. ...
Cited by 67 - Related articles - BL Direct - All 2 versions

[PDF] Competition policy as strategic trade

[PDF] from bu.edu
M Rysman - manuscript, Boston University, 2001 - people.bu.edu
Abstract This paper analyzes how Countries use Competition poliCy as a tool for strategiC
trade. SpeCifiCally, the paper studies Countries that Choose how many domestiC exporters
exist in addition to Choosing subsidy leVels. High subsidy leVels or a large number of ...
Cited by 30 - Related articles - View as HTML - Library Search - All 7 versions

Coordination vs. differentiation in a standards war: 56K modems

[PDF] from duke.edu
A Augereau, S Greenstein… - 2004 - nber.org
56K modems were introduced under two competing incompatible standards. We show the
importance of competition between Internet Service Providers in the adoption process. We
show that ISPs were less likely to adopt the technology that more competitors adopted. ...
Cited by 27 - Related articles - Library Search - BL Direct - All 36 versions

Testing for agglomeration and dispersion

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M Rysman… - Economics Letters, 2005 - Elsevier
Economic theory is often concerned with sources of agglomeration and dispersion. For
instance, network effects or socially transmitted neighborhood effects lead interacting agents
to agglomerate by making similar decisions. Similarly, standard models of market ...
Cited by 13 - Related articles - All 17 versions

How many franchises in a market?

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M Rysman - International Journal of Industrial Organization, 2001 - Elsevier
This paper studies how firms use their number of franchises as a strategic tool. Firms can
commit to high output by creating many franchises. However, signing a single franchise
contract with a low wholesale price is an equally effective way to generate output. The ...
Cited by 14 - Related articles - All 7 versions

Identifying the age profile of patent citations: New estimates of knowledge diffusion

[PDF] from 128.197.153.21
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A Mehta, M Rysman… - Journal of Applied …, 2010 - Wiley Online Library
Previous research studies the age profile of patent citations to learn about knowledge flows
over time. However, identification is problematic because of the collinearity between
application year, citation year, and patent age. We show empirically that a patent's 'citation ...
Cited by 13 - Related articles - All 18 versions

[PDF] Competition policy as strategic trade with differentiated products

[PDF] from psu.edu
M De Stefano… - manuscript, Boston University, 2004 - Citeseer
Abstract The paper analyses how countries use competition policy as a tool for strategic
trade. In the model, two countries export to a third country. Each exporting country is
endowed with a set of differentiated products. Each government chooses the number of ...
Cited by 11 - Related articles - View as HTML - All 8 versions

A NAASTy alternative to RAND pricing commitments

[PDF] from 128.197.153.21
M Rysman… - Telecommunications Policy, 2011 - Elsevier
Voluntary standard setting organizations (SSOs) typically require participants to disclose
their patents during the standard-setting process, and will endorse a standard only if patent
holders commit to license them on reasonable and non-discriminatory or RAND terms. ...
Cited by 8 - Related articles - Get it from MIT Libraries - All 12 versions

[PDF] Platform Pricing at Sportscard Conventions

[PDF] from bu.edu
GZ Jin… - 2010 - sws1.bu.edu
Abstract Using a new data set of US sportscard conventions, this paper tests the pricing
theory of two-sided markets. Convention organizers must set fees to attract both consumers
and dealers. We have detailed information on consumer price, dealer price and, since ...
Cited by 9 - Related articles - View as HTML - Get it from MIT Libraries - All 5 versions

Empirics of Antitrust in Two-Sided Markets

M Rysman - Competition Policy International, Vol. 3, No. 1, Spring …, 2007 - papers.ssrn.com
Abstract: Recent theoretical research on the implications of two-sided markets is gaining
recognition for its implications in antitrust. However, the role of empirical analysis in antitrust
cases for two-sided markets has been unexplored thus far. Empirical tools of economics ...
Cited by 6 - Related articles - All 5 versions

Competition policy as strategic trade with differentiated products

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Full text - MIT Libraries
M De Stefano… - Review of International Economics, 2010 - Wiley Online Library
The paper analyzes how countries use competition policy as a tool for strategic trade. In the
model, two countries export to a third country. Each exporting country is endowed with a set
of differentiated products. Each government chooses the number of exporters for its ...
Cited by 5 - Related articles - All 10 versions

[PDF] Consumer Payment Choice: Measurement Topics

[PDF] from nationalgrocers.org
M Rysman - THE CHANGING RETAIL PAYMENTS …, 2009 - nationalgrocers.org
What are the determinants of consumer choice over payment mechanisms? The answer to
this question is important for a variety of reasons. Every government has the responsibility of
supporting an efficient and effective payment system. Doing so is an explicit mandate of ...
Cited by 5 - Related articles - View as HTML - All 19 versions

Identifying the age profile of patent citations

A Mehta, M Rysman… - 2006 - papers.ssrn.com
Abstract: A growing body of research uses patent citations to analyze economic phenomena,
and many of these papers are interested in the distribution of citations over the life of a
patent. However, this question leads directly to the age-year-cohort identification problem, ...
Cited by 5 - Related articles - All 8 versions

[PDF] Determinants of Price Declines for New Durable Consumer Goods

[PDF] from missouri.edu
G Gowrisankaran, M Rysman - … , Washington Univ. and …, 2005 - economics.missouri.edu
Abstract Many durable consumer goods are characterized by relatively high initial prices
followed by rapid declines in prices during the first few years. One possible explanation for
this phenomenon is dynamic price discrimination, wherein firms price high early in order ...
Cited by 4 - Related articles - View as HTML - All 6 versions

Measuring network effects in a dynamic environment

[PDF] from webmeets.com
G Gowrisankaran, HEC Montréal, M Park… - 2010 - papers.ssrn.com
Abstract: This paper proposes methods for identifying indirect network effects with
dynamically optimizing consumers purchasing a durable hardware good and associated
software. We apply this model to a data drawn from the DVD player and titles markets. We ...
Cited by 4 - Related articles - All 14 versions

[CITATION] Coordination vs. Differentiation in a Standards War: 56K Modem Adoption by ISP's

A Augereau, S Greenstein… - 2002 - Mimeo, Boston University
Cited by 3 - Related articles

Coordination vs. Differentiation in a Standards War: The Adoption of 56K Modems

A Augereau, S Greenstein… - 2003 - Citeseer
Abstract 56K modems were introduced under two competing incompatible standards. We
show the importance of competition between Internet Service Providers in the adoption
process. We show that ISPs were less likely to adopt the technology that more competitors ...
Cited by 3 - Related articles - Cached - All 2 versions

[CITATION] Forthcoming.“Unobserved Product Differentiation in Discrete Choice Models: Estimating Price Elasticities and Welfare Effects.”

DA Ackerberg… - Rand J. Econ
Cited by 3 - Related articles - Get it from MIT Libraries

[CITATION] Dynamics of Consumer Demand for New Durable Consumer Goods

G Gowrisankaran… - 2005 - Working paper, Boston University
Cited by 3 - Related articles - All 4 versions

[PDF] Irreversibility and Investment Dynamics for Chilean Manufacturing Plants: A Maximum Likelihood Approach

[PDF] from 128.197.153.21
O Fuentes, S Gilchrist… - 2006 - 128.197.153.21
Abstract We study the investment and productivity dynamics of Chilean manufacturing plants
over the 1979-2000 period. We find that Chilean plants are much more likely to have periods
of inaction (zero investment) than their US counterparts. We propose a full information ...
Cited by 2 - Related articles - View as HTML - All 7 versions

Adoption Delay in a Standards War

[PDF] from bu.edu
M Rysman - NET Institute Working Paper No. 03-11, 2003 - papers.ssrn.com
Abstract: We analyze a dynamic model in which firms and consumers choose to adopt one
of two technologies or delay their adoption. Adoption allows agents to trade with other
adopters of the same technology. We show that there is an inefficient equlibrium in which ...
Cited by 2 - Related articles - All 13 versions

[CITATION] forthcoming.“Coordination versus Differentiation in a Standards War: The Adoption of 56K Modems.”

AA Greenstein… - Rand Journal of Economics
Cited by 2 - Related articles - Get it from MIT Libraries

[CITATION] Forthcoming.“Coordination versus Differentiation in Standards War: 56k Modems.”

A Augereau, S Greenstein… - RAND Journal of Economics
Cited by 2 - Related articles - Get it from MIT Libraries

[CITATION] Competition Policy in Strategic Trade." University of Wisconsin, Madison, Dept

M Rysman - 1997 - of Economics, mimeo
Cited by 2 - Related articles

[CITATION] Unobserved product differentiation in discrete choice models: estimating price elasticities and welfare effects

DA Ackerberg… - NBER Working Paper, 2002
Cited by 2 - Related articles

[CITATION] An Empirical Analysis of Payment Card Usage

R Marc - Boston College, 2004
Cited by 2 - Related articles

[CITATION] qDynamics of Consumer Demand for New Durable Goods, rWashington University in St

G Gowrisankaran… - 2007 - Louis, working paper
Cited by 2 - Related articles

[CITATION] Discrete adjustment costs and investment dynamics: a maximum likelihood approach

O Fuentes, S Gilchrist… - 2006 - working paper, Boston University
Cited by 2 - Related articles

[CITATION] VIdentifying the Age Profile of Patent Citations: New Estimates of Knowledge DiffusionV

A Mehta, M Rysman… - Journal of Applied Econometrics, forthcoming, 2008
Cited by 2 - Related articles

[PDF] Grads, Dads, and Christmas: Seasonal Variation in Average Price and Elasticity of Demand

[PDF] from bu.edu
G Gowrisankaran, M Rysman… - 2009 - sws.bu.edu
Abstract For many products the average price paid by consumers during peak demand
periods is lower than traditional economic theory would predict. We use digital camcorder
sales data to investigate supply-side and demand-side behavior to analyze the low ...
Cited by 1 - Related articles - View as HTML - All 5 versions

[PDF] Mobile payments in the United States at retail point of sale: current market and future prospects

[PDF] from paybefore.com
M Crowe, M Rysman… - Public Policy Discussion Paper, 2010 - paybefore.com
Abstract: Although mobile payments are increasingly used in some countries, they have not
been adopted widely in the United States so far, despite their potential to add value for
consumers and streamline the payments system. After describing a few countries' ...
Cited by 1 - Related articles - View as HTML - All 16 versions

Differentiation Across Standards and Adoption Failure in 56K Modems

M Rysman - Working Papers, 2003 - ideas.repec.org
56K modems were introduced under two competing incompatible standards. We show the
importance of competition between Internet Service Providers in the adoption process. We
show that ISP's were less likely to adopt the technology that more competitors adopted. ...
Cached - Get it from MIT Libraries - All 4 versions

[PDF] Explaining adoption and use of payment instruments by US consumers

[PDF] from harvard.edu
S Koulayev, K Strategy, M Rysman, S Schuh… - 2011 - isites.harvard.edu
Abstract This paper develops and estimates a structural model of adoption and usage of
payment instruments by US consumers. We utilize a cross-section from the Survey of
Consumer Payment Choice, a new survey of consumer behavior. Our empirical model ...
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[PDF] A Note on Testing for Agglomeration and Dispersion

[PDF] from northwestern.edu
M Rysman… - 2003 - kellogg.northwestern.edu
Abstract This article proposes a statistical test for determining whether agents in discrete
locations are more agglomerated or disperse then predicted by independent random choice.
The article provides comparisons to similar tests in the literature.
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Hatton, Timothy J. Ageing Dellis, Arnaud Agglomeration Economies Ono, Yukako

Y Kinoshita, A Shevchenko, B Caillaud, A Bequest… - Cambridge Univ Press
This section contains an index of cun-ent working papers by author-supplied keyword. The keyword
is followed by the name of the primary author. Long keywords have been truncated. A complete
bibliographic listing can be found by consulting the corresponding entry for the primary ...

Coordination costs and standard setting: lessons from 56K modems

SGM RYSMAN - Standards And Public Policy, 2007 - books.google.com
Abstract The authors offer a detailed analysis of the coordination costs behind the
standardization of 56K modems. They focus primarily on market events and standard setting
activities during early deployment. They argue that the canonical model for a standards ...
Related articles

Date posted: April 11, 2007 Suggested Citation

Full text - MIT Libraries
M Rysman - Journal of Industrial Economics, 2007 - papers.ssrn.com
Abstract: I exploit a unique data set on the payment card industry to study issues associated with
network effects and two-sided markets. I show that consumers concentrate their spending on
a single payment network (single-homing), although many maintain unused cards that ...

[PDF] Unobserved Differentiation in Discrete Choice Models

[PDF] from econometricsociety.org
M Rysman - 2000 - econometricsociety.org
Abstract Discrete choice models used in statistical applications typically interpret an
unobservable term as the interaction of unobservable horizontal di¤ erentiation and
idiosyncratic consumer preferences. An implicit assumption in most such models is that all ...
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[CITATION] Meghan Busse and

Full text - MIT Libraries
M Rysman - RAND Journal of Economics, 2005
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[PDF] Strictly Preliminary. Do not cite or quote.

[PDF] from philadelphiafed.org
S Koulayev, M Rysman, S Schuh… - 2011 - philadelphiafed.org
Abstract This paper estimates a structural model of adoption and usage of payment
instruments by US consumers. We utilize a cross-section from the Survey of Consumer
Payment Choice, a new survey of consumer behavior. Our empirical model combines the ...
Related articles - All 4 versions

[PDF] Supplement to Unobserved Product Differentiation in Discrete Choice Models: Estimating Price Elasticities and Welfare Effects

[PDF] from bu.edu
DA Ackerberg… - 2006 - sws.bu.edu
This document is a supplement to Ackerberg and Rysman (2005). In that paper, we discuss
problems with standard techniques for discrete choice estimation in the context of
consumers that face different numbers of products. We propose a solution based on ...
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[CITATION] Current Issue: Volume 10, Issue 3 (2011) Competition, Pricing and Universal Service in the Postal Sector

J Wright, E Miravete, J Panzar, M Peitz, M Rysman…
All 10 versions

[CITATION] Lessons about Standard Setting from 56K Modems

S Greenstein… - 2004
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[PDF] Evaluating the performance of standard setting organizations with patent data

[PDF] from dreamhosters.com
M Rysman… - Standardization and Innovation …, 2005 - siit2005.dreamhosters.com
Page 1. Evaluating the Performance of Standard Setting Organizations with Patent Data Marc
Rysman1 Tim Simcoe2 1Department of Economics Boston University 2J.L Rotman School of
Management University of Toronto September 19, 2005 Page 2. Introduction ...
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[PDF] Firm-level Productivity Studies: Illusions and

[PDF] from psu.edu
H Katayama, S Lu, JR Tybout, N Pavcnik… - 2005 - capcp.psu.edu
Abstract Applied economists often wish to measure the effects of policy changes (like trade
liberalization) or managerial decisions (like R&D expenditures or exporting) on firmlevel
productivity patterns. But firm-level data on physical quantities of output, capital, and ...
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[CITATION] Essays in industrial organization

M Rysman - 1999 - University of Wisconsin--Madison
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Mobile Payments at the Retail Point of Sale in the United States: Prospects for Adoption

M Crowe, M Rysman… - Review of Network Economics, 2011 - degruyter.com
Although mobile payments are increasingly used in some countries, they have not been
adopted widely in the United States so far, despite their potential to add value for consumers
and streamline the payments system. We summarize short-term and long-term benefits ...
Get it from MIT Libraries

Coordination costs and standard setting: Lessons from 56K modems PDF Logo

[PDF] from econstor.eu
SM Greenstein… - econstor.eu
Zusammenfassung: The authors offer a detailed analysis of the coordination costs behind
the standardization of 56K modems. They focus primarily on market events and standard-
setting activities during early deployment. They argue that the canonical model for a ...
Related articles

Mobile Payments at the Retail Point of Sale in the United States: Prospects for Adoption

M Crowe, M Rysman… - Review of Network Economics, 2010 - ideas.repec.org
< p> Although mobile payments are increasingly used in some countries, they have not
been adopted widely in the United States so far, despite their potential to add value for
consumers and streamline the payments system. We summarize short-term and long-term ...
Cited by 1 - Cached - Get it from MIT Libraries - All 5 versions

Unobserved Product Differentiation in Discrete Choice Models: Estimating Price Elasticities and Welfare Effects

M Rysman… - 2002 - papers.ssrn.com
Abstract: Standard discrete choice models such as logit, nested logit, and random
coefficients models place very strong restrictions on how unobservable product space
increases with the number of products. We argue (and show with Monte Carlo ...
Related articles

[PDF] Unobserved Di ค erentiation in Discrete Choice Models

[PDF] from bc.edu
M Rysman - 2000 - fmwww.bc.edu
Abstract Discrete choice models used in statistical applications typically interpret an
unobservable term as the interaction of unobservable horizontal di ค erentiation and
idiosyncratic consumer preferences. An implicit assumption in most such models is that all ...
Related articles - View as HTML - All 2 versions

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