Competition in the Digital Age
Today I would like to make a little shout-out for recent work at the FCC to improve policy making for the Internet. To do that I need to put my preferences front and center. There are policy debates, and then there is actual policy making. The former grabs headlines on occasion, while the latter rarely …
Continue reading "The Open Internet Advisory Committee at one year"
Every summer my wife and I take the children west to experience nature at its grandest. Though these trips are designed to foster “quality family time,” invariably they teach us about more about ourselves than merely about nature. In previous posts I have used these trips to learn something new about the role of information …
Differentiation is a standard concept for analyzing competition. It describes a common situation, where one firm develops the ability to serve one type of customer in a market—say, buyers who will pay a lot to save time—while a competing firm serves another—say, budget-conscious buyers who are patient. Differentiation can describe common competitive behavior in technology …
Digitopoly 