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Media markets recently have been identified as multisided markets. The application of the theory of multisided markets … theory of multisided markets and subsequently applies it to media markets. Finally the paper draws attention to the new … perspectives and insights the theory provides but also brings open research questions to light. -- media economics ; two …
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This paper studies bargaining and exchange in a networked market with intermediation. Possibilities to trade are restricted through a network of existing relationships and traders bargain over the division of available gains from trade along different feasible routes. Using a stochastic model of...
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Digital platforms facilitate interactions between consumers and merchants that allow collection of profiling information, which drives innovation and welfare. Private incentives, however, lead to information asymmetries resulting in market failures both on-platform, among merchants, and...
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; Connections ; Game Theory ; Externalities ; Spillovers ; Stability ; Efficiency …
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