Impact of e-book technology: Ownership and market asymmetries in digital transformation

被引:34
|
作者
Jiang, Yabing [1 ]
Katsamakas, Evangelos [1 ]
机构
[1] Fordham Univ, Grad Sch Business Adm, New York, NY 10023 USA
关键词
Product differentiation; E-books; Book industry; Information goods; Digital goods; E-commerce; Channel competition; Economic analysis; Ownership; Transformation; CONVENTIONAL RETAILERS; INTERNET; COMPETITION; PRICE; PIRACY; GOODS; STRATEGIES; CHANNELS; INDUSTRY; COSTS;
D O I
10.1016/j.elerap.2010.06.003
中图分类号
F [经济];
学科分类号
02 ;
摘要
The book industry is undergoing a digital transformation enabled by the Internet and e-book technology, which offers a novel channel for delivering books to consumers who mostly purchase paper books from physical or online bookstores. With a game theory model that introduces the concepts of paper book market asymmetry and e-book market asymmetry, we examine how the entry of an e-book seller affects strategic interaction in the book markets and impacts sellers and consumers. We show that market asymmetries, ownership of the e-book seller, and consumers' preferences for e-books are important determinants of prices, market shares and total book readership. We find that prices in the book market may increase after the e-book entry. Total readership may decrease after e-book entry, if the e-book seller is owned by one of the paper book sellers. The lowest total readership occurs when the online paper book seller owns the e-book seller. (C) 2010 Elsevier B. V. All rights reserved.
引用
收藏
页码:386 / 399
页数:14
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