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  • von Jitendra Jain
    17,95 €

    Seminar paper from the year 2006 in the subject Politics - Topic: European Union, grade: Good, Ruhr-University of Bochum, course: MA (ECUE), language: English, abstract: Two-sided markets consist of two or more exclusive groups, present simultaneously on a single platform. They both need each other. In order to succeed the platform provider must ensure active participation of both groups. In the beginning these bazaars face chicken-and-egg problem, which should be solved, sometimes even by providing free chicken. These markets include some of the most important industries in new economy such as mobile telephony companies, free TV services, OS suppliers, software providers, gaming companies, credit card companies, auction sites etc. Ebay and amazon are good examples of two-sided markets. In such two-sided markets buyers and sellers first trade with the intermediary/ies so as to gain access to the functionalities of a platform and then trade with each other under oligopolistic conditions. In chapter 1 of this paper an attempt has been made to describe finer nuances of two-sided markets. Thereafter I proceed to discuss the various dynamics of two-sided markets in chapter 2. Two-sided firms differ from traditional industries and they follow totally different business economics. Marginal cost does not help them in deciding optimal price. Pricing policies and other business strategies must be formulated in such a way that it should ensure active interaction of both groups. Pricing strategy should get both sides on board and should also solve chicken-and-egg problem. Chapter 3 describes the pricing policy adopted by two-sided markets. Chapter 4 deals with relevance of two-sided markets for competition policy. Competition Authorities do not need different set of rules to regulate these industries. However Competition Authorities must consider various economic principles that influence pricing and investment decisions in two-sided markets. Chapter 5 concludes with various observations and suggestions.

  • - An Analysis of Costs and Benefits
    von Jitendra Jain
    47,95 €

  • - Pros and Cons
    von Jitendra Jain
    44,99 €

  • - Convergence or Divergence or both?
    von Jitendra Jain
    27,95 €

  • von Jitendra Jain
    18,95 €

    Seminar paper from the year 2007 in the subject Politics - Topic: Globalization, Political Economics, grade: 2.0, Ruhr-University of Bochum (European Culture & Economy), course: MA (ECUE), language: English, abstract: The term globalization first appeared in 1962 as jargon. Perhaps this is one of the most controversial terms in recent history. The Economist has called it ¿the most abused word of the 21st century¿. Globalization means different things to different people. Anthony Giddens rightly says ¿As an unpredictable and turbulent process, globalization is seen and understood very differently by observers.¿ Globalization gurus are puzzled about the direction and consequences of globalization. Some appreciate it and believe that it would lead to universal peace and harmony- nirvana. Others condemn it, as they believe that it would lead to all kind of chaos and Unordnung. Unfortunately it is also true. Globalization has also contributed to recent terrorism.In this work I make an impartial attempt to present an objective understanding of the term ¿Globalization¿. Globalization is causing many structural changes and I admit that some of them are very cruel. Can globalization be stopped ? If, not then what strategy should be adopted to protect the masses. This work aims to find answers to several such questions. I begin with conceptualization of the term globalization. Then I briefly describes implications of globalization in various fields. Later part mainly deals with economic, political and communication dimensions of globalization. Attempts are made to trace the origin of globalization. Several debatable and contradictory arguments are put also forward. Assuming globalization as dependent variable, I proceed to elaborate on various factors, which causes globalization. Internet, bandwidth and flow of information without any hindrance have contributed to contemporary globalization. Such free flow of information has also occasionally led to divisions among humanity.Al Jazeeräs live broadcast of conflicts has created hindrance between Arabs and Israelis. Globalization is creating significant impact on welfare system in developed countries. Therefore, taking globalization as an independent variable I deal with it¿s consequences in the forthcoming part. The discussion about globalization would be incomplete without mentioning contribution of America and also how globalization has led to terrorism. Globalization is reality and it comes with both advantages and disadvantages. Measures should be initiated to control negative impacts of globalization and positive aspects should be encouraged. Concluding chapter deal with certain surviving strategies.

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