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increases. Cooperative advertising schemes between e-commerce platforms and sellers come into being. This paper considers … either cooperative advertising or independent advertising in a strategic game, this paper shows that the cooperative … advertising strategy is a unique Nash equilibrium. Only when a seller has a relatively high revenue share ratio in the cooperative …
Persistent link: https://www.econbiz.de/10014260730
We consider a platform which provides probabilistic forecasts to a customer using some algorithm. We introduce a concept of miscalibration, which measures the discrepancy between the forecast and the truth. We characterize the platform's optimal equilibrium when it incurs some cost for...
Persistent link: https://www.econbiz.de/10012587367
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In recent years, there has been a vigorous discussion on digital platform due to their emerging significance in the digital ecosystem. Despite common interests in digital platform, the comprehensive literature review on the topic is still limited. In addition, no study has examined whether there...
Persistent link: https://www.econbiz.de/10012804303
Purpose - this paper aims to analyse the business efficiency of the Alibaba platform at the beginning and during the COVID-19 crisis. Methodology/Design - The research is based on the official financial reports of the platform as well as on the reports of other specialized agencies that monitor...
Persistent link: https://www.econbiz.de/10014308314
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platforms can adopt either an advertising model or a brokerage model. We develop a game-theoretic model to recommend the better …, meanwhile the commerce feature's basic value and the social value are both at an intermediate level, the advertising model is …
Persistent link: https://www.econbiz.de/10012841390
digital advertising (the “Interim Report”). As a starting point, we are very impressed by the quality of the Interim Report as … it correctly identifies the competition issues raised by digital advertising and accurately discusses the complex … mechanisms involved in digital advertising including real-time bidding (“RTB”). The CMA's analysis is very much in line with our …
Persistent link: https://www.econbiz.de/10012841611
examples. This advertising cost is added into the sales price of the product, resulting in consumers being harmed by the … embedded advertising costs in the products or services purchased. We argue here, using Bork's own criterion - except to expand … Bork critique is a hoax in two ways: Bork's analysis does not include the other side of the market. The cost of advertising …
Persistent link: https://www.econbiz.de/10012804859