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Dog Eat Dog : Measuring Network Effects Using a Digital Platform Merger
Farronato, Chiara; Fong, Jessica; Fradkin, Andrey - 2022
Digital platforms are increasingly the subject of regulatory scrutiny. In comparison to multiple competitors, a single 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...
Persistent link: https://www.econbiz.de/10014090941
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Promoting Platform Takeoff and Self-Fulfilling Expectations : Field Experimental Evidence
Boudreau, Kevin - 2022
The theoretical literature on platforms and network effects predicts that the initial growth and takeoff of a platform crucially depends on the market’s expectations of the future installed base. This paper tests this claim, reporting on a field experiment in which invitations to join a newly...
Persistent link: https://www.econbiz.de/10014241635
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Digital Labor Markets and Global Talent Flows
Horton, John J. - 2017
Digital labor markets are rapidly expanding and connecting companies and contractors on a global basis. We review the environment in which these markets take root, the micro- and macro-level studies of their operations, their ongoing evolution and recent trends, and perspectives for undertaking...
Persistent link: https://www.econbiz.de/10012956400
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Economists (and Economics) in Tech Companies
Athey, Susan - 2018
As technology platforms have created new markets and new ways of acquiring information, economists have come to play an increasingly central role in tech companies – tackling problems such as platform design, strategy, pricing, and policy. Over the past five years, hundreds of PhD economists...
Persistent link: https://www.econbiz.de/10012910663
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Consumer Price Search and Platform Design in Internet Commerce
Dinerstein, Michael - 2015
Search frictions can explain why the "law of one price" fails in retail markets and why even firms selling commodity products have pricing power. In online commerce, physical search costs are low, yet price dispersion is common. We use browsing data from eBay to estimate a model of consumer...
Persistent link: https://www.econbiz.de/10013032706
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Digitization and the Contract Labor Market : A Research Agenda
Agrawal, Ajay K. - 2014
of inquiry in this market setting that are central to the broader digitization research agenda: 1) How will the … digitization of this market influence the distribution of economic activity (geographic distribution of work, income distribution … acquisition, machine-aided recommendations)?; 3) How will the digitization of this market affect social welfare (increased …
Persistent link: https://www.econbiz.de/10013062548
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Steering in Online Markets : The Role of Platform Incentives and Credibility
Barach, Moshe; Golden, Joseph; Horton, John J. - 2022
Platform marketplaces can potentially steer buyers to certain sellers by recommending or guaranteeing those sellers. Money-back guarantees—which create a direct financial stake for the platform in seller performance—might be particularly effective at steering, as they align buyer and...
Persistent link: https://www.econbiz.de/10013323442
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Who Benefits from Online Gig Economy Platforms?
Stanton, Christopher; Thomas, Catherine - 2023
This paper estimates the magnitude and distribution of surplus from the knowledge worker gig economy using data from an online labor market. Labor demand elasticities determine workers’ wages, and buyers’ past market experience shapes both their job posting frequency and hiring rates. We...
Persistent link: https://www.econbiz.de/10014346585
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Search and Information Frictions on Global E-Commerce Platforms : Evidence from Aliexpress
Bai, Jie; Chen, Maggie Xiaoyang; Liu, Jin; Yi Xu, Daniel - 2022
We study how search and information frictions shape market dynamics in global e-commerce. Observational data and self-collected quality measures from AliExpress establish the existence of search and information frictions. A randomized experiment that offers new exporters exogenous demand and...
Persistent link: https://www.econbiz.de/10014244045
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Kill Zone
Kamepalli, Sai Krishna; Rajan, Raghuram G.; Zingales, Luigi - 2022
We study why acquisitions of entrant firms by an incumbent can deter innovation and entry in the digital platform industry, where there are strong network externalities and some customers face switching costs. A high probability of an acquisition induces some potential early adopters to wait for...
Persistent link: https://www.econbiz.de/10013298326