Showing 1 - 10 of 27
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
Digital platforms, empowered by artificial intelligence algorithms, facilitate efficient interactions between consumers and merchants that allow the collection of profiling information which drives innovation and welfare. Private incentives, however, lead to information asymmetries resulting in...
Persistent link: https://www.econbiz.de/10014365917
failures both on-platform, among merchants, and off-platform, among competing platforms. This paper develops two product … introduces a new data right for platform users, the in-situ data right, which is associated with positive welfare gains. By …
Persistent link: https://www.econbiz.de/10013184643
new data right for platform users, the in-situ data right, which is associated with positive welfare gains. By …
Persistent link: https://www.econbiz.de/10014349354
Persistent link: https://www.econbiz.de/10012157942
attract users to the platform. On the other hand, data-driven network effects may result in monopolistic market power of …
Persistent link: https://www.econbiz.de/10013238430
This volume collects a series of essays that I have written over the last decade on multi-sided platform businesses …
Persistent link: https://www.econbiz.de/10013066977
attract users to the platform. On the other hand, data-driven network effects may result in monopolistic market power of …
Persistent link: https://www.econbiz.de/10012695163
This paper addresses the analysis of market definition when the parties involved in an antitrust or merger analysis include one or more two-sided platforms. We discuss how standard market definition measures such as SSNIP tests, diversion ratios, and conditional logit demand analyses have to be...
Persistent link: https://www.econbiz.de/10014208295