Instituto Superior de Economia e Gestão (ISEG)
Eventos
ISEG 2S | Bundling Incentives in Markets with Product Complementarities: The case of Triple-Play
Em 04-10-2013 às 14:00 / Quelhas 6 | Floor 3 | Delta Room
Speaker
Pedro Pereira
Autoridade da Concorrência
Presentation
Bundling Incentives in Markets with Product Complementarities: The case of Triple-Play
Abstract
We analyze firms' incentives to bundle and tie in the telecommunications industry. As a first step, we develop a discrete-choice demand model where firms sell products that may combine several services in bundles, and consumers choose assortments of different types of products available from various vendors. Our approach extends standard discrete-choice demand models of differentiated product to allow for both flexible substitution patterns and to map demand for each choice alternative onto the demand for each service or bundle that a firm may sell. We exploit these properties to examine bundling behavior when firms choose: (i) prices, and (ii) which products to sell. Using consumer-level data and survey data from the Portuguese telecommunications industry, we estimate our demand model and identify firm incentives to bundle and tie in this industry. We use the model to perform several policy related conterfactuals and evaluate their impact on prices and product provision.
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ORGANIZING TEAM
This seminars series is organized by
Joana Pais (ECO),
Raquel M. Gaspar (FIN/MG) and
Isabel Proença (QM).
MEETING THE SPEAKER
All speakers are available to meet faculty at ISEG before the talk. Slots are limited. To book your time with the speaker, contact one of the coordination team members.
MAILING LIST
To join the ISEG 2S Seminar Mailing List and receive regular information contact
Filomena Ferreira.
PARKING
If you come to the seminars at ISEG by car, please contact
Filomena Ferreira to assure your entrance into the park.
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