Julie Holland Mortimer
نویسندگان
چکیده
My research addresses the role that digital technology plays in retailing and distributing products, and the impact that it has on firm incentives, inter-firm relationships, and consumers. This area of research is important not only because digital technology affects a growing set of product markets, but also because the nature of digital technology allows for the construction of much more granular data than researchers and firms have historically been able to access. In my research, I identify three broad impacts of digital technology in retail and distribution settings. First, it creates opportunities to adopt more sophisticated contractual arrangements between firms in supply chains. Second, it changes the tools that firms use when designing stocking policies and choosing product availability. Third, it alters the incentives to create information goods. More recently, I have also begun extensive work studying the market for advertising, which is another crucial input for distributing products that has been upended by digital technology. Each of these four areas address long-standing problems in economics, on which the field of industrial organization (IO) has struggled to provide convincing empirical evidence. An important contribution of my work is the collection of new and detailed data that enable us to analyze these issues from an empirical perspective. I combine these new data sources with thoughtful economic models to understand how technology impacts the ways in which firms bring products to the market place.
منابع مشابه
Analyzing the Welfare Impacts of Full-line Forcing Contracts
Theoretical investigations have examined both anti-competitive and efficiency-inducing rationales for vertical bundling, making empirical evidence important to understanding its welfare implications. We use an extensive dataset on full-line forcing contracts between movie distributors and video retailers to empirically measure the impact of vertical bundling on welfare. We identify and measure ...
متن کاملThe Use of Full-line Forcing Contracts in the Video Rental Industry∗
Digitalization of information goods substantially affects firms’ incentives to pursue bundling and other contractual arrangements, making bundling an important current policy issue. Realistic analyses of the use and implications of bundling require detailed data on both supply arrangements and consumer demand, including substitution between products. We analyze bundling in the video-rental indu...
متن کاملThe Effects of Revenue-Sharing Contracts on Welfare in Vertically-Separated Markets: Evidence from the Video Rental Industry
In this study I analyze the implications of contractual innovation in verticallyseparated industries, using the example of the video rental industry. Prior to 1998, video stores obtained inventory from movie distributors using simple linear pricing contracts. In 1998, revenue-sharing contracts, which include inventory restrictions, were widely adopted. I investigate the effect of using revenue-...
متن کاملSupply responses to digital distribution: Recorded music and live performances
0167-6245/$ see front matter 2012 Elsevier B.V doi:10.1016/j.infoecopol.2012.01.007 ⇑ Corresponding author. Address: Department o College, 140 Commonwealth Avenue, Chestnut Hil States. Tel.: +1 608 263 3867; fax: +1 608 262 2033 E-mail addresses: [email protected] (J.H. gmail.com (C. Nosko), [email protected] (A. So Technologies that enable free redistribution of digital goods (e.g., ...
متن کاملPrice Discrimination and Copyright Law: Evidence from the Introduction of DVDs
This paper examines the welfare effects of market segmentation using the example of the video rental and sales markets (both VHS and DVD formats). I consider a market with two types of buyers: institutional and individual buyers. Institutional buyers rent the good to low-value individuals, while relatively high-value individuals purchase the good directly rather than renting it. Copyright law i...
متن کاملVertical Contracts and Endogenous Product Selections: An Empirical Analysis of Vendor Allowance Contracts∗
Strategic retailers choose assortments taking consumer preferences, downstream competition, and vertical contracts into account. Thus, vertical contracts cannot be understood in isolation from retailers’ endogenous product selections. Producers frequently provide retailers with financial incentives to gain distribution of their products. These payments often take the form of vendor allowances: ...
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