platforms from non-financial platforms: (i) Long-term contracts introducing default risk at both the individual and platform … levels; (ii) Lenders' investment diversification to mitigate individual default risk; (iii) Platform-level default risk … leading to greater asymmetric user stickiness and rendering platform-level cross-side network effects (p-CNEs), a novel metric …

platform may increase consumer welfare if network effects are large or may decrease welfare due to higher prices or reduction … in platform variety. We study the net effect of this trade-off in the context of the merger between the two largest … causally estimate network effects at the platform and market level. We find that consumers are, on average, not substantially …

The theoretical literature on platforms and network effects predicts that the initial growth and takeoff of a platform … experiment in which invitations to join a newly launched platform were sent to 16,349 individuals and included randomized … consistent with subjective expectations playing a crucial role in shaping early adoption and platform takeoff. Statements …

We build a model of online behavioral manipulation driven by AI advances. A platform dynamically offers one of n … long-lived, users suffer because of behavioral manipulation. Finally, as the number of products increases, the platform can …

increasingly central role in tech companies - tackling problems such as platform design, strategy, pricing, and policy. Over the …

this paper, we explore the economics of rare goods using auctions of limited-edition shoes held by an e-commerce platform …

that retail margins are on the order of 10%, and use the model to analyze the design of search rankings. Our model explains … most of the effects of a major re-design of eBay's product search, and allows us to identify conditions where narrowing …

settings as reflected by user responses to market design features (allocation of visibility, investments in human capital … efficiency in matching, production?)? We draw upon economic theory as well as evidence from empirical research on online contract …

empirical patterns indicated a more complex world than the one that theory led us to anticipate …