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Market power on each side of a multisided platform, whether in the form of increasing prices or decreasing quality, is … business model, and competition, result in the platform allowing one type of customers to participate in the platform for free … by the participants on the platform as well as have heightened focus on non-price competition when the participation for …
Persistent link: https://www.econbiz.de/10014128700
firms competing for consumer attention and advertiser dollars. The last two decades of online platform competition … model innovations, and cross-platform rivalry. The palpable threat of displacement prevents online platforms from taking … their customers for granted. The history of online platform competition also provides empirical refutation of the …
Persistent link: https://www.econbiz.de/10012951065
Dominant digital platforms such as Google and Facebook collect personal information of users by default precipitating a market failure in the market for personal information. We establish the economic harms from the market failure. We discuss conditions for eliminating the market failure and...
Persistent link: https://www.econbiz.de/10013245201
This paper shows that two related aspects of attention platforms are important for the sound economic analysis of public policy including antitrust: First, attention platforms generate valuable content. Even though people often don't pay for content, we know from revealed preference that content...
Persistent link: https://www.econbiz.de/10012897887
The share of manufacturing in GDP is declining, whereas the share of services – and business-related services in particular – is rising in almost all advanced economies. However, as these industries are mutually dependent in various ways this study focuses on the manufacturing sector as a...
Persistent link: https://www.econbiz.de/10012100140
Tech Reg refers to the regulation of internet-connected digital businesses and the discipline that studies the when, and how, to do that. It covers areas as diverse as big tech, crypto, fintech, gig, misinformation, privacy, and telemedicine. It will expand over the coming decades as the digital...
Persistent link: https://www.econbiz.de/10013312698
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Two-sided platform businesses serve distinct groups of customers and need each other in some way. They provide these …
Persistent link: https://www.econbiz.de/10012766623