タイトル(掲載誌)Discussion Papers In Economics And Business
一般注記Online markets like app stores are typically characterized by a monopoly who set prices on both sides — the prices of the network good (such as iPhone) and the commission fee to participating firms. There is an ongoing concerns on the welfare consequences of imperfect competition, where the antitrust authorities in the EU are keen about the monopolistic commission fee. With online apps as a representative example, this study investigates the welfare effects of price ceiling policies. The following results are shown. If the network-size externality on apps’ price is stronger than the app variety’s network externality, then, first, the price ceiling on the network good increases both the producer surplus of the app developers and the consumer surplus of the end-users. Second, in contrast, the price ceiling on the commission fee for the developers reduces the consumer surplus. The reverse proposition holds when the order of the strength of two network externalities is reversed. By the level of the unconstrained equilibrium commission fee, a regulator can identify which policy would make both consumers and developers better off.
連携機関・データベース国立情報学研究所 : 学術機関リポジトリデータベース(IRDB)(機関リポジトリ)