benefits from a favorable coordination bias in the market, in that for this platform it is less costly than for the other … platform to convince customers that the two sides will coordinate on joining it. We find that the degree of the coordination … access fees and the size of the platform. A slight increase in the coordination bias may induce the advantaged platform to …

This paper considers the generation and provision of data products in the markets for information. Buyers face a … decision problem with uncertainty of two states. They can purchase experiments to augment their private information. A buyer …'s willingness to pay for an experiment depends on his private information. To generate these experiments, sellers have to make an …

in incumbent firm, an informed investor trades on her private information. With an initial stake, if product demand is …

We address the issue of risk aversion in a competitive equilibrium when some buyers engage in learning and information … risk aversion on the equilibrium outcomes of the model, including the amount of information released by the market. We show … that risk aversion has an effect on the market outcomes but not on the flow of information. In particular, an increase in …