Console Price and Software Availability in the Home Video Game Industry
@article{Gretz2010ConsolePA,
title={Console Price and Software Availability in the Home Video Game Industry},
author={Richard T. Gretz},
journal={Atlantic Economic Journal},
year={2010},
volume={38},
pages={81-94}
}Using hedonic results from a unique data set covering the U.S. home video game industry (1976–2003) the interaction between software provision and console price is analyzed. Increased software provision negatively effects console price. This is contrary to many empirical pricing studies in the network effects literature greater software provision makes hardware more valuable and this should be reflected by increased hardware price. However, the main result from the paper is consistent with the…
18 Citations
Hardware quality vs. network size in the home video game industry
- Computer Science, Economics
- 2010
1 Software Quality , Killer Applications , and Network Effects : The Case of the U . S . Home Video Game Industry Corresponding
- Economics
- 2009
This paper uses an extension of CES preferences to empirically derive a continuous game quality measure for the home video game industry (January 1995 to October 2007). Estimates based on the quality…
Software Quality, Killer Applications, and Network Effects: The Case of the U.S. Home Video Game Industry
- Economics
- 2009
This paper uses an extension of CES preferences to empirically derive a continuous game quality measure for the home video game industry (January 1995 to October 2007). Estimates based on the quality…
What makes a blockbuster video game?:an empirical analysis of US sales data
- Environmental Science
- 2014
This study uses a unique data set of individual video game titles to estimate the effect of an exhaustive set of observable characteristics on the likelihood of a video game becoming a blockbuster…
Value Creation in the Video Game Industry: Industry Economics, Consumer Benefits, and Research Opportunities
- Business
- 2013
Winners-Take-Some Dynamics in Digital Platform Markets: A Reexamination of the Video Game Console Wars
- Economics
- 2017
Platform markets are often expected to yield a Winner-Takes-All outcome, but the recent competitions in some IT platform markets have seen multiple standards prevail, resulting in a Winners-Take-Some…
Studies in licit and illicit markets for digital entertainment goods
- Economics
- 2012
The widespread proliferation of digital communication has revolutionised the way in which traditional entertainment media are distributed and consumed. This thesis investigates a range of aspects of…
A Game-Theoretic Approach to Hedonic Housing Prices
- Economics
- 2010
A property’s selling price is described as the result of sequential bargaining between a buyer and a seller in an environment of asymmetric information. Hedonic housing prices are estimated based…
Leveraging the co-evolution of offline and online video games: an empirical study
- Business
- 2017
Abstract Considerable research has been carried out on online shopping and the implications of this purchasing format for consumers and retailers. Most of these studies have focused on consumer…
THREE ESSAYS ON COMPETITIVE STRATEGIES FOR DIGITAL PLATFORM BUSINESSES
- Business
- 2018
As businesses in many industries adopt the platform business model, many aspects of the traditional business are going through a shake-up, including competition and strategies for gaining competitive…
References
SHOWING 1-10 OF 15 REFERENCES
Indirect Network Effects and the Product Cycle: Video Games in the U.S., 1994-2002
- Computer Science
- 2004
Estimation results suggest that introductory pricing is an effective practice at the beginning of the product cycle, and expanding software variety becomes more effective later, and a degree of inertia in the software market that does not exist in the hardware market.
The Dynamics of Technological Adoption in Hardware/Software Systems
- Computer Science, Economics
- 1997
A dynamic model for estimating demand when costs (and license prices) are declining over time is developed and it is found that there is "two-way" feedback between hardware and software for compact disc players.
Two-Sided Competition of Proprietary vs. Open Source Technology Platforms and the Implications for the Software Industry
- EconomicsManag. Sci.
- 2006
It is found that, when the platform is proprietary, the equilibrium prices for the platform, the applications, and the platform access fee for applications may be below marginal cost, and demand conditions that lead to this are characterized.
Quantitative Analysis of Network Externalities in Competing Technologies: The VCR Case
- EconomicsReview of Economics and Statistics
- 2004
We develop a dynamic structural model of consumers' choices and producers' pricing in an oligopolistic market for newly introduced durable products with network externalities. The model is then…
Two-sided markets: a progress report
- Economics
- 2006
The paper provides a road map to the burgeoning literature on two-sided markets and presents new results. It identifies two-sided markets with markets in which the structure, and not only the level…
Hedonic Price Indexes for Spreadsheets and an Empirical Test for Network Externalities
- Economics, Business
- 1994
In this article, I first estimate hedonic price equations for computer spreadsheet programs, and then use the analysis to empirically test whether network externalities exist in this industry. The…
Automobile Prices in Market Equilibrium
- Economics
- 1995
This paper develops techniques for empirically analyzing demand and supply in differentiated product markets and then applies these techniques to the U.S. automobile industry. The authors' framework…
On access pricing with network externalities
- Economics, Business
- 2002
It has been argued that access charges may be set optimally by applying the Efficient Component Pricing Rule (ECPR). The paper analyzes the optimality properties of the ECPR in the presence of…