Showing 1 - 10 of 241
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 platform interests in creating a good match. We report the results of an …
Persistent link: https://www.econbiz.de/10012479867
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/10012458251
rather than an increase in activity on the platform. We also find that the effect is not only driven by the direct …
Persistent link: https://www.econbiz.de/10014486191
differential for 142 other popular brands. Third, shortly after the EU designated Amazon a "gatekeeper" platform in September 2023 …
Persistent link: https://www.econbiz.de/10014528339
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 find...
Persistent link: https://www.econbiz.de/10012696386
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 …
Persistent link: https://www.econbiz.de/10014437003
We study whether Amazon engages in self-preferencing on its marketplace by favoring its own brands (e.g., Amazon Basics) in search. To address this question, we collect new micro-level consumer search data using a custom browser extension installed by a panel of study participants. Using this...
Persistent link: https://www.econbiz.de/10013537786
-guest rules can drive demand and supply to and from the platform, as a function of the local platform competition between Airbnb … and VRBO. Our results suggest that platform competition sometimes dampens a platform wide pro-guest rule and sometimes … reinforces it, often with heterogeneous effects on different hosts. This implies that platform competition does not necessarily …
Persistent link: https://www.econbiz.de/10012585362
Quality certification is a common tool to reduce asymmetric information and enhance trust in marketplaces. Should the certificate focus on seller inputs such as fast shipping, or include output measures such as consumer ratings? In theory, incorporating output measures makes the certificate more...
Persistent link: https://www.econbiz.de/10012814449
increasingly central role in tech companies - tackling problems such as platform design, strategy, pricing, and policy. Over the …
Persistent link: https://www.econbiz.de/10012480716