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We consider a streaming platform which carries content from various upstream content providers. Participating customers face personalized recommendations from the platform and consume a mix of content originating from each provider. We analyze when the platform uses its personalized...
Persistent link: https://www.econbiz.de/10011941246
greater retail competition. These effects mitigate distortions from fee discrimination and improve welfare. In terms of policy …
Persistent link: https://www.econbiz.de/10012692299
also discuss the impact of the liability regime applying to online platforms on competition between them and the incentives …
Persistent link: https://www.econbiz.de/10012438368
In 2018, the European Council and the UK and Spanish governments each proposed to introduce a Digital Services Tax (DST), to be levied on the revenue of large digital platforms from advertising, online intermediation, and/or the transmission of data. We offer a rationalization of the DST as a...
Persistent link: https://www.econbiz.de/10012031145
that create important challenges for competition policy. We show that these features have been key determinants of the … by the UK competition authorities as well as evidence on the evolution of the market after the transactions were approved …
Persistent link: https://www.econbiz.de/10012138666
Peer-to-business lending refers to online platforms facilitating loans from individuals to smalland medium-sized enterprises (SMEs). We conjecture that easy-to-understand risk ratings conveyed by the platform play a pronounced role in influencing the borrowing success of SMEs and that more...
Persistent link: https://www.econbiz.de/10012166027
Over the period 2015-2017, the five giant technologically leading firms, Google, Amazon, Facebook, Amazon and Microsoft (GAFAM) acquired 175 companies, from small start-ups to billion dollar deals. By investigating this intense M&A, this paper ambitions a better understanding of the Big Five's...
Persistent link: https://www.econbiz.de/10012154717
This paper examines the impact of the Digital Markets Act (DMA) on consumer behavior, focusing on changes in Google's search result presentation in the European Union (EU). Specifically, it investigates the effects of Google's removal of clickable maps in search results, a modification...
Persistent link: https://www.econbiz.de/10014632304
Do rating systems provide incentives to sellers when they are about to exit a market? Using data from Airbnb, this paper examines how end-of-game considerations affect hosts’ effort decisions. We take advantage of a regulation on short-term rentals in the City of Los Angeles to identify hosts...
Persistent link: https://www.econbiz.de/10014637310
after the introduction of ChatGPT. We show that the reduction in the number of job posts increases competition among …
Persistent link: https://www.econbiz.de/10015048322