Jin, Ginger Zhe; Lu, Zhentong; Zhou, Xiaolu; Fang, Lu - National Bureau of Economic Research - 2021
entry brand, and by improving consumer perception for parts of the platform. In the meantime, flagship entry cannibalizes … the sales of same-brand sellers, while other brands may gain as the buyer base expands on the platform … hurts existing sellers of the entry brand. On average, the effect on consumer welfare is more positive if the flagship entry …